Nestlé Vietnam has formalized a strategic partnership with the Ministry of Agriculture and Environment to support Vietnam’s transition towards a low-carbon, circular economy. Remy Ejel, CEO of Nestlé Zone AOA, expressed pride in the company’s growth in Vietnam, which has become a vital market and an increasingly competitive export hub. Nestlé has committed to achieving net-zero emissions by 2050 and is making progress towards this goal through innovations in science and modern farming practices.
The company has chosen Vietnam as a key investment destination for its global coffee operations due to the country’s strategic geographical position, skilled workforce, and commitment to creating shared value. Nestlé has invested over $900 million in Vietnam and purchases close to $700 million worth of Vietnamese coffee each year. The company’s close cooperation with government partners, local communities, and industry stakeholders has reinforced its confidence in the market.
Despite global economic and political uncertainties, Nestlé remains committed to its long-term vision in Vietnam. The company’s model is built for long-term resilience, and it has weathered numerous periods of global tension and economic fluctuation. Nestlé’s priority is to ensure that nutrition, health, and wellness continue to advance in ways that enhance consumers’ quality of life.
Nestlé Vietnam has become one of the group’s key growth engines in the region, and the company is committed to being an active member of the communities where it operates. The company works closely with over 20,000 farmers, investing in research and development, farmer training, and support for regenerative agricultural practices. Nestlé’s investments in Vietnam extend far beyond purchasing coffee, and the company is committed to contributing to long-term growth that endures well beyond short-term volatility.
The recent signing of a Memorandum of Understanding (MoU) between Nestlé Vietnam and the Department of International Cooperation under the Ministry of Agriculture and Environment aims to support Vietnam’s transition towards a circular and low-emission economy. The partnership will focus on promoting sustainable development, reducing greenhouse gas emissions, and implementing regenerative agriculture practices. Nestlé Vietnam is affirming its role in responsible business practices and fostering stronger connections within the business community, as Vietnam pursues its green growth agenda and sustainable development goals.