Pepsico Foods Vietnam Company (Vietnam)

PepsiCo is a famous brand in the world in the field of beverage and food. Businesses of PepsiCo in Vietnam also focus on two areas of its strengths: Suntory PepsiCo Vietnam Beverage - a joint venture with Suntory Holdings Limited dealing in the beverage industry. And the subject - PepsiCo Foods Vietnam - a food manufacturing company. With more than 10 years of operation in Vietnam, PepsiCo Foods Vietnam is currently one of the leading food manufacturing companies with the main brand name "Lay's" and a team of 285 employees. Its product portfolio includes Lay's - potato snack brand; Poca, Cheetos, Doritos - snack brands; Quaker - brand of imported oats. With the method of "parallel partner", PepsiCo Foods Vietnam signs contracts with farmers at an agreed price, providing quality seeds and fertilizers to ensure the success of the farmer's production process. The company also provides technical support, organizes training courses locally, directly in the field. In addition to potatoes harvested from domestic farms, the subject also imports whole potatoes for its production.PepsiCo Vietnam is often suspected in the Vietnamese press as the transfer pricing FDI giants like Coca Cola, Adidas, Keangnam Vina,... when revenue continuously increased but recorded losses for many years. Even when they had negative equity, but continued to operate and expand business operations.