Swire Coca-Cola earns 2023 profit of $44 mln in Vietnam
Swire Coca-Cola, the beverage division under Hong Kong-based Swire Pacific, earned a revenue of KHD3,734 million ($476.4 million) in Vietnam in 2023, the parent firm said in its annual report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Importance of US companies in Vietnam far beyond mere FDI statistics: business council
Statistics on foreign direct investment (FDI) announced by the Vietnamese government do not fully reflect the importance of U.S. companies to the country’s economic and export growth, said a representative of the U.S.-ASEAN Business Council (USABC).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam third largest market for Hong Kong-based Coca-Cola bottler
Hong Kong-based Swire Pacific, a Coca-Cola bottler, says Vietnam sales of 155 million unit cases in 2023 made the country the company’s third largest market in the world.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coca-Cola earns $439 mln from refranchising Vietnam bottling operations in 2023
The Coca-Cola Company earned $439 million from refranchising its bottling operations in Vietnam in 2023, the beverage giant said in a performance review.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coca-Cola bottlers agree on north ASEAN partnership
The Coca-Cola Company, Swire Coca-Cola Limited, and ThaiNamthip Corporation Limited have agreed to establish a strategic bottling alliance in northern ASEAN - Thailand, Laos, Cambodia and Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Citi Vietnam executive elected AmCham HCMC chair for 2024
Ramachandran A.S. (RamC), Citi's country officer for Vietnam, has been elected chairman of the American Chamber of Commerce (AmCham) Ho Chi Minh City for 2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swire Coca-Cola posts $237 mln revenue from Vietnam in H1
Hong Kong-based Swire Coca-Cola acquired the entire Coca-Cola bottling business in Vietnam in January and then posted a revenue of HKD1,856 million ($237.4 million) from Vietnam operation in the first half of 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
John Swire & Sons explores investment opportunities in Binh Phuoc province
UK-headquartered John Swire & Sons is looking for investment opportunities in southeastern Vietnam's Binh Phuoc province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swire completes acquisition of Coke bottling subsidiary in Vietnam
Swire Pacific Ltd. has completed its purchase of the entire Coca-Cola bottling subsidiary in Vietnam, marking the Hong Kong conglomerate’s first expansion into the Southeast Asian beverages market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s beverage sector to grow strongly: Kantar World Panel
Vietnam’s beverage sector recovered in the third quarter of this year and is expected to grow strongly in the next phase, according to Kantar World Panel, a market analyzer.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coke starts construction of biggest Vietnam factory
Coca-Cola Beverages Vietnam Ltd. organized Friday a groundbreaking ceremony for its $136 million factory in the Mekong Delta province of Long An, its biggest in Vietnam.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coke to build biggest Vietnam factory in Mekong Delta province
Coca-Cola Beverages Vietnam Ltd. will build a $136 million factory in the Mekong Delta province of Long An, its fourth and biggest facility in the country so far.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Acquisition of Coke bottling business to attract millions in taxes: taxman
Acquisition of the Coca-Cola bottling operations in Vietnam by Hong Kong-based Swire Pacific could attract millions of dollars in taxes in line with the law, a Vietnamese tax expert says.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swire buys Coke’s Vietnam, Cambodia bottling operations for over $1 bln
Swire Pacific Ltd. is acquiring Coca-Cola Company’s bottling operations in Vietnam and Cambodia for $1.02 billion, marking the Hong Kong major’s first foray into the Southeast Asian beverage market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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