Pepsi Will Invest $250 Million in Vietnam
August 17, 2010
TheSteet.com reports, PepsiCo has announced plans to invest $250 million in Vietnam over the next three years. The new investment will go towards a variety of projects, including increasing manufacturing capacity, adding marketplace equipment like coolers, further strengthening existing brands and broadening the company''s product portfolio, Pepsi said. Vietnam is attracting more investments in the wake of rising labor costs in China.