Spanning 8 hectares, the new facility is set to become a cornerstone of PepsiCo's operations in Vietnam, with an annual production capacity of over 20,000 tonnes of snacks.

The new plant represents PepsiCo Foods Vietnam's strategic expansion to meet increasing consumer demand and strengthen its market presence. This milestone in its growth in Vietnam is expected to significantly contribute to the country's development.

PepsiCo Foods Vietnam aims to help Vietnamese farmers adopt sustainable practices through its PepsiCo Positive strategy, targeting 100 per cent sustainable sourcing and promoting regenerative agriculture by 2030.

"This investment is a testament to our confidence in Vietnam's dynamic economy and its people," said Nguyen Viet Ha, general manager of PepsiCo Foods Vietnam. "As we celebrate 30 years in Vietnam, we're not just building a factory but reinforcing our commitment to sustainable growth, community development, and innovation."

The Ha Nam plant exemplifies PepsiCo's proactive approach to sustainability. Utilising biomass and solar power, the facility aims to minimise its environmental impact, including implementing rooftop solar panels and biomass systems to generate electricity from local agricultural waste.

The new plant is anticipated to serve as a driving force for community development, extending beyond its economic and social impact. It is projected to create numerous job opportunities in sectors like manufacturing, logistics, packaging, and agriculture, thereby boosting the local economy. Once operational, the plant would generate over 1,000 jobs in direct and indirect employment.

Additionally, PepsiCo Foods Vietnam will introduce a comprehensive programme to equip Ha Nam's youth with essential soft skills for contemporary industrial environments in collaboration with Ha Nam Department of Labour, Invalids & Social Affairs.

This initiative, funded by the PepsiCo Foundation, will provide training in vital areas such as communication, teamwork, problem-solving, and digital literacy.

PepsiCo Foods Vietnam is partnering with Ha Nam Department of Agriculture and Rural Development, local agriculture cooperatives and farmers to implement regenerative agricultural practices, enhancing soil health, reducing carbon emissions, and maximising crop yields. This initiative underscores PepsiCo Foods Vietnam's leadership in promoting sustainability and community development in Ha Nam and beyond.

Speaking at the ceremony to congratulate PepsiCo on the event, Truong Quoc Huy, Chairman of Ha Nam People's Committee said, "The groundbreaking ceremony of the new factory of PepsiCo Foods Vietnam in Ha Nam will help the province gradually actualise its goal of becoming a modern industrial province by 2025 through a modern and sustainable factory using renewable energy, improving the quality of labour in the area."

At the same time, the province also wants to effectively utilise favourable conditions in terms of climate and land for growing clean agricultural crops, developing high-tech agriculture, and bringing great economic efficiency.

"We are ready to fully support the enterprise so that the construction of the factory, the development of industrial economy, agriculture and assisting services will be favourable, bringing benefits to the enterprise, Ha Nam province and Vietnam," Huy added. "Our vision for this plant goes beyond production capacity. "It's about creating a sustainable ecosystem that benefits our consumers, partners, and the environment. We aim to cultivate a better community of shared values and sustainability leadership."

Source: Vietnam Investment Review