Coca-Cola Vietnam

In the world of renowned beverages, Coca-Cola Vietnam is not only a visually appealing icon but also a story of sustainable development and commitment to the environment. With over a decade of operation in Vietnam, Coca-Cola is not just a soft drink brand but also a reliable partner and companion to the community. From its early days re-emerging in Vietnam after more than 25 years of interruption, until now, Coca-Cola has become one of the leading enterprises in the global and Vietnamese beverage industry.

Coca-Cola Vietnam Formation History

Coca-Cola Vietnam currently operates factories in cities across the three regions of North, Central, and South Vietnam: Ho Chi Minh City, Da Nang, and Hanoi. This strategic placement allows the company to optimize its distribution process and expand its distribution network nationwide, ensuring ample product supply to its agents throughout the country. Coca-Cola Vietnam Limited Liability Company has created approximately 4,000 direct and indirect jobs, multiplying 6 to 10 times through its supply chain activities. Due to its continuous development efforts, Coca-Cola Vietnam secured the third position in the Top 10 Reputable Beverage Companies of 2020 in the Non-Alcoholic Beverage category (including soft drinks, tea, coffee, etc.), according to the assessment by Vietnam Report.

• 1960: Coca-Cola was first introduced in Vietnam.
• February 1994: Coca-Cola returned to Vietnam within 24 hours after the United States lifted the trade embargo against Vietnam.
• August 1995: Coca-Cola Indochina Pte Limited (CCIL) entered into a joint venture with Vinafimex, a state-owned enterprise under the Ministry of Agriculture and Rural Development, establishing the Coca-Cola Ngoc Hoi carbonated beverage company in Hanoi.
• September 1995: CCIL formed a joint venture with Chương Dương Beverage Company, creating the Coca-Cola Chương Dương carbonated beverage company in Ho Chi Minh City.
• January 1998: CCIL continued its joint venture with Danang Beverage Company, establishing the Coca-Cola Non Nuoc carbonated beverage company.
• October 1998: The Vietnamese government allowed joint venture companies in the South to convert to 100% foreign-invested companies.
• March 1999: The government permitted Coca-Cola Indochina to acquire all shares in the joint venture in the Central region.
• August 1999: The government allowed the transformation of the joint venture Coca-Cola Ngoc Hoi into a 100% foreign-invested enterprise, named Coca-Cola Hanoi Beverage Company.
• January 2001: The Vietnamese government approved the merger of three enterprises in the North, Central, and South regions into a unified company named Coca-Cola Vietnam Limited Liability Company, with its main office in Thu Duc, Ho Chi Minh City, and branches in Ha Tay and Da Nang.
• March 1, 2004: Coca-Cola Vietnam was transferred to Sabco, one of Coca-Cola's renowned bottling groups worldwide.
• 2004 - 2012: After becoming a 100% foreign-invested company, Coca-Cola Vietnam continuously reported losses for several consecutive years despite annual revenue growth.

• 2012: Coca-Cola Vietnam resumed bottling operations from Sabco in the local market.
• 2013 and 2014: Amid public discussions surrounding Coca-Cola's reported losses and suspicions of transfer pricing and tax avoidance, the company recorded profits for the first time in many consecutive years. Specifically, Coca-Cola's profits in 2013 and 2014 were 150 billion and 357 billion dong, respectively, according to figures released by the Ho Chi Minh City Tax Department.
• 2015-2019: The company consistently achieved revenue and profit growth, leading Coca-Cola to start accepting tax responsibility.
• 2019: Coca-Cola Vietnam was recognized as a leading sustainable development enterprise in Vietnam, according to the assessment by the Institute of Business and Sustainable Development (VCCI), and was also honored as the most preferred employer by Career Builder. Coca-Cola Vietnam's Sustainable Development

Coca-Cola Vietnam's Sustainable Development

Coca-Cola is not only renowned for its quality beverage products but also has a strong vision for environmental protection. Ranked 3rd in the Top 100 Sustainable Enterprises in 2023, Coca-Cola Vietnam continually commits and acts in crucial areas such as environmental protection, social responsibility, and economic contributions. Programs like 'For a World Without Waste' and initiatives such as 'Recycled Plastic Bottles, the Continuous Journey' particularly demonstrate the company's keenness in shaping a business model with a sustainable vision and creating positive impacts on the community. Coca-Cola's determination and innovation are also evident in their integration of advanced technology and close collaboration with strategic partners to ensure that each product and business activity align with the goal of sustainable development and mutual benefits.

Coca-Cola Vietnam Implements Environmental Monitoring Software

Coca-Cola Vietnam has implemented an environmental monitoring software system at its factories, especially at the Thu Duc Branch and Da Nang Branch. To ensure compliance with wastewater discharge regulations and monitor environmental quality, Coca-Cola has collaborated with iLotusLand, a provider specializing in Internet of Things (IoT) solutions for environmental monitoring and data collection.

The software deployed by iLotusLand helps the Thu Duc Branch and Da Nang Branch monitor various critical parameters such as Ammonium, COD, NO3_N, temperature, TSS, pH, and Flow. This enables them to track and assess the quality of wastewater from production activities while providing continuous and real-time data for environmental management.

This system not only helps Coca-Cola Thu Duc and Da Nang quickly comply with relevant legal regulations but also minimizes the risk of environmental pollution and maintains stable wastewater quality according to prescribed standards. The combination of technology and environmental management is a significant step for Coca-Cola branches in fulfilling their commitment to sustainable development and environmental protection.