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Coca-Cola to invest $200 million in Vietnam

Fri Sep 4, 2009 10:14 AM EDT
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Associated Press
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ATLANTA — Coca-Cola Co. says it plans to invest an additional $200 million in Vietnam in the next three years.

CEO Muhtar Kent announced the investment — which will be made with the company's bottler — during a visit to the country on Friday.

The world's biggest soft drink maker says Kent met with Prime Minister Nguyen Tan Dung and said afterward that Vietnam is an important growth market for the Atlanta-based company.

The maker of Coke and Sprite has already invested $200 million in its operations in Vietnam since returning there in 1994. The company has bottling plants near Hanoi, Da Nang and Ho Chi Minh City and 1,500 employees in Vietnam.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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