VIETNAM: US company to invest in tea production
A US company, KHM, is to collaborate with the Vietnam Tea Association (Vitas) in a major development which will see the construction of seven tea processing plants in the Son La and Lai Chau provinces. The joint venture is also planning to develop retail stores in Vietnam. Some US$30mn of investment has already been pledged for the project. Vietnam exported in excess of 58,000 tons of tea with a value of US$66m in 2001 and the country has already set up similar joint ventures with companies in Malaysia, Iraq and Belgium.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Ten questions for Diageo - Analysis
- How craft beer has shattered its US shackles
- Have spirits companies forgotten the mainstream?
- New CEO sparks optimism at Coca-Cola - Analysis
- Ashwagandha - The next functional drinks trend?
- Moet Hennessy unaffected by LVMH Dior buy
- BrewDog moves into spirits with LoneWolf launch
- Edrington's Highland Park Valkyrie - NPD
- Coca-Cola to cut 1,200 jobs
- Coca-Cola looks to fast-growing functional drinks
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Craft Beer: Coming of Age or Past Its Prime?
- Wineries in the US - Industry Market Research Report