PepsiCo fights to retain incentives/privilegesSuntory Pepsico Vietnam Beverage has not stopped fighting to retain tax incentives for their factory in Can Tho City, despite several failed efforts in the past. Since 2014, SPVB have been decrying the inconsistencies in tax incentives granted to its Can Tho plant during different periods. photo source: internetOn June 13, the company (PepsiCo) sent a document to the Prime Minister requesting a meeting with relevant authorities to the dispute. In 2008, the $30 million project in Can Tho City received an investment certificate from Can Tho Export Processing and Industrial Zones Management Authority. PepsiCo’s situation is not unique amongst foreign enterprises, as Piaggio Vietnam and Yamaha Motors have undergone similar battles.

Source: VietNamNet News July 12, 2016 08:15 UTC