Suntory Pepsico Vietnam aims to increase Long An factory’s output by 50%
Suntory Pepsico Vietnam Beverage (SPVB) plans to increase the annual output of its under-construction factory in the southern province of Long An by 56% to 1.24 billion liters.
In a recent report on the project, SPVB said the project, located in Huu Thanh Industrial Park, initially has an annual output of 796.1 million liters. To facilitate the change, SPVB will relocate four production lines in Ho Chi Minh City to the Long An facility.
SPVB holds a groundbreaking ceremony for a factory in Long An province, southern Vietnam, April 8, 2024. Photo courtesy of SPVB.
The project plans to install one bottled water line of 236 million liters a year and one carbonated drink line of 222 million liters a year in 2025, relocate two carbonated drink lines of 199 million liters per year from HCMC in 2025, move two bottled water lines totaling 249 million liters per year from HCMC in 2026, and install one non-carbonated drink line of 136 million liters per year and one carbonated drink line of 202 million liters per year in 2028.
Overall, the project’s yearly output includes 136 million liters of non-carbonated drinks, 623 million liters of carbonated drinks, and 485 million liters of bottled water, all serving the domestic market. The plant is set to utilize 57,504 tons of sugar yearly as one of its input materials.
SPVB aims to build the factory from the second quarter of 2024 to Q4/2025, install equipment in Q3/2025-Q1/2026, and enter official operation from Q1/2026.
In April 2024, Suntory PepsiCo Vietnam Beverage, a joint venture between Japan-based Suntory and U.S.-based PepsiCo, kicked off the construction of its $300-million factory in Long An province.
Covering 20 hectares at the Huu Thanh Industrial Park, the project is among the biggest-ever foreign direct investment (FDI) projects licensed in the province. It is set to be completely powered by renewable energy sources including biomass and solar power.
This is Suntory Pepsico’s sixth project in Vietnam and is set to become its biggest and most modern project in the Asia-Pacific region.
- Related News
- Read More
Savills expert points out three drivers of FDI attraction in Vietnamese real estate
Vietnam’s real estate market is on the cusp of a boom in H2, fueled by sweeping legal reforms, proactive economic diplomacy, and a pivot toward emerging segments and flexible partnership models, said head of investment consulting at Savills Hanoi Nguyen Le Dung.
Companies - Wed, June 18, 2025 | 10:48 pm GMT+7
Petrovietnam, Petrolimex, Vingroup named Vietnam's biggest firms in Fortune ranking
Petrovietnam, Petrolimex, Vingroup, BIDV bank, and Agribank are among the 50 biggest companies in Southeast Asia, according to the Fortune Southeast Asia 500 Ranking 2025.
Economy - Wed, June 18, 2025 | 9:47 pm GMT+7
Korea Land and Housing Corporation eyes urban area project in northern Vietnam
Bac Ninh province's authorities on Wednesday met with Korea Land and Housing Corporation (LH) to discuss an urban area project in the southeastern part of Bac Ninh town, capital of the northern province.
Companies - Wed, June 18, 2025 | 8:58 pm GMT+7
Germany's GEO Group to develop $50 mln renewable energy workforce training center in Vietnam
Germany's GEO Group has announced a $50 million investment to establish a renewable energy workforce training and development center in the south-central province of Binh Dinh.
Companies - Wed, June 18, 2025 | 8:39 pm GMT+7
H&M, Nordic businesses seek suppliers in Vietnam
Swedish multinational fast fashion retailer H&M and other Nordic businesses will send a delegation to the Vietnam International Sourcing 2025, slated for early September in Ho Chi Minh City, to seek business partnerships.
Companies - Wed, June 18, 2025 | 8:20 pm GMT+7
MSB receives The Asian Banker award for core banking technology
Vietnam Maritime Commercial Joint Stock Bank (MSB) has received the Best Core Banking Technology Initiative in Asia-Pacific award for mid-sized banks from The Asian Banker magazine.
Companies - Wed, June 18, 2025 | 8:02 pm GMT+7
VEIL boosts real estate holdings to 22% on Vietnam market confidence
Vietnam Enterprise Investments Limited (VEIL), the largest foreign-managed equity fund in Vietnam, has raised its allocation to real estate stocks to 22% of its portfolio, equivalent to $368 million, as of May, according to a recent disclosure.
Real Estate - Wed, June 18, 2025 | 3:56 pm GMT+7
Iran-Israel conflict to drive up fertilizer prices: Petrovietnam Ca Mau Fertilizer exec
The CEO of Petrovietnam Ca Mau Fertilizer JSC (PVCFC) has revealed that the orders the company received have surpassed its production capacity, signaling continued positive performance in the second half of the year and confidence in meeting the full-year targets.
Companies - Wed, June 18, 2025 | 3:05 pm GMT+7
Draft parliament resolution: A breakthrough for Vietnam's international financial center ambition
Tran Thuy Ngoc, deputy general director, financial services industry leader at Deloitte Vietnam, provides an insight into the draft resolution on Vietnam’s International Financial Center (IFC) which is scheduled to be endorsed by the legislature on June 27.
Consulting - Wed, June 18, 2025 | 12:37 pm GMT+7
Vietnam budget carrier Vietjet places new order for 100 A321neo aircraft
Vietjet and aircraft manufacturer Airbus on Tuesday announced a major new order for 100 A321neo aircraft, with the potential to add another 50 in the future.
Companies - Wed, June 18, 2025 | 11:47 am GMT+7
FDI yet to create high added value in Vietnam: legislator
Foreign direct investment (FDI) has not yet created high added value, primarily focusing on assembly and processing, said Nguyen Ngoc Son, a lawmaker from the northern province of Hai Duong.
Economy - Wed, June 18, 2025 | 9:19 am GMT+7
Trungnam Group subsidiary okayed as investor of $148 mln industrial park project in central Vietnam
A subsidiary of Vietnamese private conglomerate Trungnam Group has been approved as the investor of the 378-hectare Ca Na Industrial Park-Phase I project in the south-central province of Ninh Thuan.
Industrial real estate - Wed, June 18, 2025 | 8:00 am GMT+7
Deputy PM requests strong reforms of state-owned enterprises
Deputy Prime Minister Nguyen Chi Dung has asked for bold and strategic reforms to unlock the full potential of state-owned enterprises (SOEs), requesting a clear shift in mindset and approach to governance, investment and development.
Companies - Tue, June 17, 2025 | 11:44 pm GMT+7
Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted
The recent handover of 33 foundations manufactured by Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognized as an outstanding work of state-owned Petrovietnam.
Companies - Tue, June 17, 2025 | 11:35 pm GMT+7
Energy Asia 2025 kicks off in Malaysia
Energy Asia 2025 - a premier thought leadership and business advocacy forum, championing Asia’s pivotal role in the global energy transition - kicked off in Kuala Lumpur, Malaysia, on Monday.
Southeast Asia - Tue, June 17, 2025 | 11:29 pm GMT+7
Indonesia to start operating first ocean power plant in 2028
Indonesia’s Energy and Mineral Resources Ministry has announced that construction of the country's first ocean power plant will begin soon, with operations targeted to start in 2028.
Southeast Asia - Tue, June 17, 2025 | 11:27 pm GMT+7
