Suntory, a Japan-based beverage giant, has unveiled plan to open a new factory in Vietnam in October 2025. The announcement is part of Suntory’s global expansion efforts which will include projects in Australia, Japan and Thailand.
The firm reported revenue of US$548 million from Vietnam in the 1st half of 2024, marking its highest figure in the Asia-Pacific region outside Japan. Suntory highlighted the strong performance of its beverage business in Vietnam, driven by its core brands Pepsi and Aquafina, amid a gradual economic recovery.
Earlier in April, Suntory PepsiCo Vietnam Beverage started the construction of a US$300 million factory in Long An, marking the company’s largest and most modern facility in the Asia Pacific region. The factory, entirely powered by renewable energy, will have an annual capacity of 800 million litres and is among the largest foreign-invested projects in the province.
