The US-headquartered Procter&Gamble (P&G) on November 30 broke ground for a project to expand its Pampers manufacturing plant in southern Binh Duong province's Ben Cat district.
With an additional investment of 80 million USD in the next three years, P&G Vietnam aims to boost production of the diapers brand for domestic consumption and for export. In 2009, P&G invested 45 million USD to develop the first category of Pampers Baby Care plant at the Vietnam – Singapore Industrial Park No 2, using the latest technology for manufacturing diapers.
Emre Olocer, general director and CEO Vietnam, said: "With three consecutive years wiht the highest growth rate of global P&G, Vietnam is one of the priority investment markets of P&G."
He said P&G's investment in Vietnam has tripled to more than 200 million USD this year and would continue to increase in the coming years.-VNA
With an additional investment of 80 million USD in the next three years, P&G Vietnam aims to boost production of the diapers brand for domestic consumption and for export. In 2009, P&G invested 45 million USD to develop the first category of Pampers Baby Care plant at the Vietnam – Singapore Industrial Park No 2, using the latest technology for manufacturing diapers.
Emre Olocer, general director and CEO Vietnam, said: "With three consecutive years wiht the highest growth rate of global P&G, Vietnam is one of the priority investment markets of P&G."
He said P&G's investment in Vietnam has tripled to more than 200 million USD this year and would continue to increase in the coming years.-VNA
