Nestle to assist coffee farmers

10:07, 30/07/2012

Nestle Vietnam has recently signed a memorandum of understanding with the Ministry of Agriculture and Rural Development to assist coffee farmers.

Nestle Vietnam has recently signed a memorandum of understanding with the Ministry of Agriculture and Rural Development to assist coffee farmers.

Under the MoU, the company will help 24,000 farming households to increase productivity by providing effective farming practices and seedlings capable of high yield and disease-resistance.

Until now, Nestle has invested US$400 million in six factories making coffee, tea, cocoa, soya bean sauce and cooking oil products, with the sixth representing $270 million to open in November.

The factory in Dong Nai Province will be capable of turning out 30,000 tonnes of coffee products per year.

Reported by P.V