Last updated: 16:51 - February 5, 2007
Nestle brews up long term plan in Vietnam http://www.nhandan.com.vn/english/business/050207/business_nestle.htm
Food processing giant Nestle pledges to continue investing in Vietnam's coffee industry, said Pierre Schaufelberger, managing director of Nestle Vietnam.
Nestle will continue to assist Vietnam in developing the quality of its coffee by importing high quality coffee seedlings, exchanging experts, and training local farmers in methods of planting, cultivating, preserving and processing coffee for export, said Schaufelberger.
The company will also provide updated information on coffee prices on the world market, he added.
In 2006, Nestle Vietnam imported the first 5,000 high-grade coffee seedlings which the company then provided free to the Ministry of Agriculture and Rural Development's Central Highlands Agro-Forestry Science and Technology Institute in Buon Me Thuot and to farmers in Dong Nai Province for trial cultivation.
Nestle Vietnam annually buys 20-25% of Vietnamese coffee exports or 200,000-250,000 tonnes of coffee. Nestle Coffee Quality Test Centre in Dong Nai Province checks the quality of exports, and the exports are then shipped to fifteen Nestle processing facilities world wide to produce NESCAFE instant coffee products.
Nestle has operated in Vietnam since 1993 and has so far invested US$83 million into projects on developing coffee plantations and producing coffee products in Vietnam. (VNA)
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