Suntory Pepsico Vietnam Beverage Co., Ltd (Vietnam)

The subject - Suntory Pepsico Vietnam Beverage belongs to a joint venture between Pepsico Group (a very famous soft beverage in the world) and Suntory Group (a global beverage and health drink company based in Japan). The subject acts as a production base in Vietnam for these groups.Suntory Pepsico Vietnam Beverage engages in manufacturing and trading non-alcoholic beverages such as carbonated soft drinks, energy drinks, bottled water, juice drinks, tea… under brands of Pepsi, 7Up, Mirinda, Tea+, Aquafina, Sting, Revive, Lipton. Until 2023, the company has had 5 manufacturing factories, providing jobs for nearly 3,000 direct workers and thousands of indirect workers. For many consecutive years, this company has been on the list of "Top 100 enterprises paying the largest corporate income tax - V1.000". According to the announcement of Vietnam Report, Suntory Pepsico Vietnam Beverage continued to record in the top 10 prestigious beverage companies in 2022 in non-alcoholic beverage industry, etc.Currently, the subject pursues the goal of minimizing the impact on the environment and heads toward sustainable production. Therefore, the company cooperates and organizes many projects related to the environment such as:- In Jul 2022, Suntory Pepsico Vietnam Beverage signed a cooperation contract with Duy Tan Plastic Recycling Corporation about the supply of recycled plastic for product packaging in the period of 2022 - 2026. From 2022 to August 2023, the company has reduced more than 6,770 tons of plastic in production, making an important contribution to reducing nearly 27 thousand tons of carbon released into the environment.- In Dec 2022, the subject organized a "Mizuiku–I love clean water" project - a propaganda and education program on water resource protection for primary school students.Vietnam's beverage market is becoming a potential and vibrant market. Not only is it a place of competition for "giants" such as the subject, URC, Coca-Cola but also has the participation of large domestic corporations such as Tan Hiep Phat. This is a fierce race for sales while also setting a new and healthier beverage trend. Among the leading businesses in the non-alcoholic beverage market in Vietnam, the subject is the champion in both revenue and profit after tax.