Coca-Cola Beverages Vietnam Co., Ltd is poised to start development on a beverage factory with total investment capital exceeding US$136 million in Phu An Thanh Industrial Park of Ben Luc district in the southern province of Long An.

The company condemns racism and seeks more accountability from Facebook and other platforms.

While FDI firms continue to report losses, they keep expanding operations in the country.

Foreign-invested enterprises will no longer be allowed to ignore their tax obligations as Vietnamese tax departments step up action on duty-dodging businesses.

Japanese beverage giant Suntory Holdings has said it would work with American rival Coca-Cola and Swedish Nestlé to push the government of Vietnam to create a large-scale recycling system.

 As plastic reduction is becoming an essential trend to save the environment, beverage companies, which still depend on tremendous amounts of plastic materials, cannot opt out of the trend.

The legal framework to fight against transfer pricing is ‘not powerful enough’, while the defining of tax arrears that enterprises have to pay is still based on negotiations with taxpayers, experts say.

 More than 40 companies have signed up to a pact to cut plastic pollution over the next seven years.

VietNamNet Bridge - Losing out in the carbonated soft drink market segment, Vietnamese drink manufacturers also cannot compete with foreign ones in products which use materials available in Vietnam.

The agreements on double taxation avoidance that Vietnam has signed with other countries is one of the reasons that have made it impossible for state agencies to clarify the suspected cases of multinational conglomerates conducting transfer pricing.

VietNamNet Bridge - Minister of Planning and Investment Bui Quang Vinh has disagreed with the opinion that Coca-Cola has been conducting transfer pricing in Vietnam, affirming that the soft drink manufacturer is innocent until proven guilty.

Inspectors looking for transfer-pricing cases examined 2,866 enterprises in 2014, discovering that the actual losses incurred by businesses was VND5.8 trillion lower than reported.

VietNamNet Bridge – The carbonated beverage market, which is controlled by the two giants Pepsico and Coca-Cola, may be remapped with the appearance of a newcomer.

VietNamNet Bridge – The advertising market has bucked the economic trend, remaining strong, with both Vietnamese and foreign advertising agencies seeing a consistent increase in the number of huge deals with large corporations.

 Binh Duong: All affected businesses re-operate; Coca-Cola bubbles with joy over first profits; HCM City to establish special economic zone; EPZs pledge to help foreign firms

Minister of Planning and Investment Bui Quang Vinh plans to meet Irial Finan, vice president of Coca Cola Group this week in Hanoi, one year after Coca-Cola was blacklisted after being suspected of engaging in transfer pricing.

 Shares of beverage giant Coca-Cola saw their biggest fall in two years after its profit fell due to slowing sales in the US and Europe.

 HCM City Metro wins investment; Tax cuts likely for micro financiers; Belgian Minister prepares to study Hiep Phuoc Port complex; PM demands dairy hike explanation

Though the foreign big guys -- Pepsi and Coca Cola have powerful financial capability which help put them at an advantage in the confrontation with Vietnamese, no one can say for sure that they will surely win the game.