Nestle invests an additional US$37 mil in Vietnam

(VOV) - Familiar food and drink maker Nestle just announced it is pumping more than US$37 million into expanding its MILO factory at the AMATA Industrial Park in Binh An, Vietnam.

Nestle Vietnam Co. Ltd on October 9 said the planned expansion in Bien Hoa City, Dong Nai province should create more than 50 jobs bringing the total number of employees at the location to 304.

The company currently has invested over US$450 million in three processing plants in Vietnam, a company representative announced, adding it also operates three plants in Bien Hoa, Long Binh and AMATA industrial parks.