NESTLÉ VIETNAM LIMITED

NESTLÉ VIETNAM LIMITED, locally known as Công Ty TNHH Nestlé Việt Nam, plays an essential role in the daily lives of millions of Vietnamese families. Established in 1995, the company has spent nearly three decades providing high-quality nutritional foods and beverages, making it one of the most recognizable and trusted brands in Vietnam. With a strong presence in both urban and rural areas, Nestlé Vietnam has become a household name, offering products that are deeply integrated into daily consumption habits, from morning coffee to children's dairy nutrition.

According to Vanguard Business Information LLC (VBI), Nestlé Vietnam reported total sales of USD 781.96 million in 2023, marking a 10.03 percent increase from the previous year. This growth reflects the company's strong market presence and its ability to adapt to evolving consumer demands. Despite the rise in revenue, the company’s profit declined by 3.3 percent to USD 55.79 million, suggesting increasing operational costs and market competition. The company also faced negative working capital of USD -127.77 million, highlighting financial constraints that could impact its expansion plans.

Operating under Business ID 3600235305, with its Tax Identification Number (TIN) 3600235305, Nestlé Vietnam is fully owned by Nestlé S.A., the global food and beverage leader headquartered in Switzerland. The company’s headquarters is located in Bien Hoa City, Dong Nai Province, with additional offices in Ho Chi Minh City and Dak Lak, as well as a major factory in Amata Industrial Park, Dong Nai. With 2,300 employees, Nestlé Vietnam continues to expand its operations to meet the growing demands of Vietnamese consumers.

Under the leadership of General Director Binu Jacob, the company is engaged in the manufacture of non-alcoholic beverages, dairy products, instant noodles, vegetable oils, and bakery products. Some of its most well-known brands in Vietnam include Nescafé, Milo, Maggi, Nan, and La Vie, all of which play an integral role in Vietnamese households. From early-morning coffee routines to school lunches and family dinners, Nestlé products have become a daily staple for consumers across the country.

Despite its strong market presence, Nestlé Vietnam faces challenges related to economic fluctuations, rising ingredient costs, and increasing competition from local and international brands. According to VBI’s industry analysis, the company’s ability to maintain consumer trust, innovate new products, and optimize cost efficiency will be crucial in sustaining its leading position in the food and beverage market.

To reinforce its commitment to Vietnamese families, Nestlé Vietnam is focusing on sustainable development, health-conscious product innovations, and digital transformation in distribution channels. As consumer preferences shift toward healthier and more convenient food options, Nestlé’s continued investment in nutritional research and localized product offerings will be essential in strengthening its long-term presence in Vietnam’s highly competitive food industry.