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Coca-Cola to invest additional US$285m in Vietnam: state media

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Seven major drinks companies including Coca-Cola and PepsiCo will limit the sugar content of drinks they sell in Singapore, as part of the city-state's campaign to fight diabetes.

[HANOI] Coca-Cola Co is planning to invest an additional US$285 million in Vietnam, state media reported, quoting the company's general director for the country.

The beverage maker's decision highlights its interest in the Vietnam market and may put pressure on its competitors.

With this investment, Coca-Cola's total investment in the country will reach US$1 billion.

Coca-Cola officials were not immediately available for comments.

REUTERS

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