Nestlé to support regenerative, low-emission agriculture in Vietnam
Nestlé Vietnam has signed a strategic partnership agreement with the Ministry of Agriculture and Rural Development to support the country’s transition to regenerative and low-emission agriculture.
The three-year deal, signed Tuesday, will help Vietnam move towards sustainable agriculture and its 2050 net zero emissions target. The collaboration’s initiatives and activities will be implemented through the Partnership for Sustainable Agriculture in Vietnam (PSAV), co-chaired by both sides.
Mark Schneider (third, right), CEO of Nestlé S.A, and Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri (second, right) at a strategic partnership signing ceremony on June 20, 2023. Photo courtesy of Nestle.
Nestlé Vietnam said it will work with the ministry to share and advance regenerative farming practices for coffee growers as part of efforts to reduce carbon emissions and increase farms’ resilience to climate change.
“We want to transition to ecological and low-emission agriculture to help Vietnam achieve its net zero goal,” Deputy Minister Nguyen Quoc Tri said at the signing ceremony.
“Strengthening the public-private partnership with businesses that are at the forefront of sustainability will contribute to more sustainable and climate-resilient agriculture in Vietnam,” he added.
As part of the signing ceremony, an agroforestry and reforestation project in the Central Highlands was inaugurated. The project aims to plant and grow over 2.3 million forest and fruit trees on coffee farms in the Central Highlands by 2027. It is estimated that these trees will sequester 480,000 tons of carbon emission over five years.
“Agriculture within our supply chains accounts for more than two-thirds of our total greenhouse gas emissions,” said Nestlé CEO Mark Schneider.
“As one of our key coffee sourcing origins, Vietnam is a major priority for us. We are committed to helping coffee farmers in the country transition to regenerative agriculture to improve livelihoods and address climate change through our Nescafé Plan. We are also working to restore Vietnam’s forests and natural ecosystems,” Schneider said.
Nestlé, the world’s largest food and beverages corporation, has said it aims to plant 200 million trees within its sourcing landscapes globally by 2030. The reforestation program is a key part of its Net Zero Roadmap.
- Related News
- Read More
New-generation FDI policy seen benefiting industrial parks, technology, financial sectors
Vietnam's new policy framework for the foreign-invested sector - the Politburo's Resolution No. 10, is expected to benefit industrial real estate, technology-semiconductor, banking, securities, logistics and energy companies, as the country shifts its focus toward higher-quality investment, according to brokerage Mirae Asset.
Economy - Sat, June 20, 2026 | 10:51 am GMT+7
ACV appoints Nguyen Cao Cuong as chairman, reaffirms Long Thanh airport launch by end-2026
Vietnam Airports Corporation (ACV) has appointed deputy general director Nguyen Cao Cuong as chairman, as the state-controlled airport operator seeks to stabilize its leadership following recent management upheavals.
Companies - Sat, June 20, 2026 | 8:00 am GMT+7
EVN, PV Gas review LNG supply progress for Quang Trach II, III power plants in central Vietnam
Vietnam Electricity (EVN) and Petrovietnam's subsidiary PV Gas on Tuesday reviewed progress on the latter's LNG supply project for the Quang Trach II and Quang Trach III power plants, located in Quang Tri province.
Companies - Fri, June 19, 2026 | 9:40 pm GMT+7
MSCI flags remaining weaknesses in Vietnam’s stock market despite reform progress
Vietnam continued to advance a series of capital market reforms over the past year, but key barriers related to foreign ownership limits, market accessibility, disclosure standards, and settlement infrastructure remain obstacles to a potential market status upgrade, according to MSCI’s latest Global Market Accessibility Review.
Finance - Fri, June 19, 2026 | 4:21 pm GMT+7
Banking, retail, oil sectors to lead Vietnam's stock market recovery: brokerage
Vietnam’s stock market could be led by banking, consumer retail and oil & gas stocks as the economy enters a new growth cycle, brokerage Vietcap said, raising its year-end 2026 target for the benchmark VN-Index to 1,955 points.
Finance - Fri, June 19, 2026 | 3:05 pm GMT+7
Russia’s Gazprom exits $297 mln gas-fired power project in central Vietnam
Russia’s Gazprom has withdrawn from a planned $297 million gas-fired power plant in central Vietnam after more than five years of inactivity, prompting authorities to seek alternative investors to keep the project aligned with the country’s power development plan.
Energy - Fri, June 19, 2026 | 2:19 pm GMT+7
Vietnam’s Top 10 fund managers control 95% of industry assets
Vietnam’s fund management industry remains highly concentrated despite steady growth over the past decade, with the country’s 10 largest asset managers controlling 95% of total assets under management, according to Viet Wisdom Fund Management.
Finance - Fri, June 19, 2026 | 9:51 am GMT+7
Two converging trends continue to drive FDI into Vietnam
Asian partners continue to dominate foreign direct investment (FDI) into Vietnam in the first five months of 2026, as both the wave of production diversification away from China and the ongoing restructuring of capital flows within ASEAN jointly generate additional momentum for investment inflows.
Investing - Fri, June 19, 2026 | 7:57 am GMT+7
Vingroup stocks surge as Vinhomes, Vincom Retail unveil 2025 dividend plans
Shares of companies affiliated with Vingroup rallied sharply on Thursday after Vinhomes and Vincom Retail announced plans to pay 2025 dividends, lifting the benchmark VN-Index despite broad weakness across the market.
Finance - Thu, June 18, 2026 | 9:09 pm GMT+7
SLP, J&T Express to develop automated logistics hub in southern Vietnam
Logistics infrastructure developer SLP Vietnam and courier company J&T Express have signed a strategic cooperation deal to jointly develop a large-scale automated sorting center in southern Vietnam, underscoring growing investment in logistics infrastructure as e-commerce demand accelerates.
Companies - Thu, June 18, 2026 | 4:54 pm GMT+7
Nearly 60 funds subscribe to Dien May Xanh IPO amid foreign investors' prolonged net selling
Nearly 60 domestic and foreign investment funds have registered to buy 166 million shares in the initial public offering (IPO) of Dien May Xanh, the electronics retail chain of Mobile World Group (HoSE: MWG).
Companies - Thu, June 18, 2026 | 4:40 pm GMT+7
Half of Swedish businesses operating in Vietnam plan investment expansion
The fact that 50% of surveyed Swedish businesses plan to increase investment in Vietnam in 2026 demonstrates their firm long-term confidence in the Vietnamese market.
Industries - Thu, June 18, 2026 | 1:53 pm GMT+7
Vietnam seeks deeper nuclear cooperation with Russia's Rosatom
Vietnamese Prime Minister Le Minh Hung called for expanded cooperation in nuclear energy with Russia's Rosatom, including support for Vietnam's planned Ninh Thuan 1 nuclear power plant, at a meeting with CEO Alexey Likhachev on Wednesday.
Energy - Thu, June 18, 2026 | 1:38 pm GMT+7
Vietnam PM backs expanded energy cooperation with Russia's Zarubezhneft
Vietnamese Prime Minister Le Minh Hung met with Sergei Kudryashov, CEO of Russian state oil company Zarubezhneft, on Wednesday and expressed support for expanding bilateral cooperation in oil and gas, offshore wind power and other energy projects.
Energy - Thu, June 18, 2026 | 12:26 pm GMT+7
Vietnam central bank proposes easing limit on short-term funds for long-term lending
The State Bank of Vietnam has proposed raising the maximum ratio of short-term funding that commercial banks can use for medium- and long-term lending from 30% to 40%, marking a reversal of years of tightening aimed at reducing maturity mismatch risks.
Banking - Thu, June 18, 2026 | 11:16 am GMT+7
EVNGENCO3 completes over 50% of year's profit target, accelerates investment in new power projects
Vietnam's Power Generation Corporation 3 (EVNGENCO3) has completed nearly 55% of its full-year profit target after the first five months of 2026, supported by resilient electricity demand and stable system operations, while stepping up investments in LNG-fired power, battery energy storage systems (BESS) and renewable energy projects.
Investing - Thu, June 18, 2026 | 8:17 am GMT+7
