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 16 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
- The end is nigh for Global Travel Retail - Comment
- Five ways small brands can beat big players
- Interview, Bulldog Gin founder Anshuman Vohra
- Pernod Ricard's Q1 results - Preview
- Pernod Ricard Q1 2017 results by region, brand
- Diageo most at risk to Thai alcohol ban - analyst
- Jobs at new India hub won't affect staff - Diageo
- Stumbling UK Pound prompts Conviviality price hike
- Constellation sells Canadian wine unit for US$761m
- US craft spirits could be as big as craft beer
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020