Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Cola Combat Looms In Vietnam


In Business This Week

COLA COMBAT LOOMS IN VIETNAM

After nearly two decades, cola wars are set to resume in Vietnam. PepsiCo has teamed up with International Beverage, a joint venture between a state company and a Hong Kong investor group, and expects to sign a commitment letter to invest $2 million in production. The agreement depends on the lifting of the U.S. embargo on Vietnam investments, expected later this year.

Pepsi is eyeing a soda market that drinks approximately 30 million locally produced cases annually, a figure that could double in two years. Coca-Cola, which once dominated Vietnam, has its own memorandum of understanding with two state-owned companies.EDITED BY KEITH H. HAMMONDS


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus