date:Apr 01, 2014
ched the Segafredo Zanetti brand in China in January, was looking at an acquisition opportunity in Asia and is currently building a plant in Vietnam - the world's fastest-growing market for coffee, according to market research firm Mintel - that should be up and running by the end of the year.
We are going to produce in Vietnam because otherwise we would pay 70 percent in taxes on coffee coming from Italy and Europe, limiting the volumes, Zanetti said.
Mintel calculates the Vietnamese coffee m