Introduction
Nestle is one of many well known food and beverage company for over century. It started in 1989 since then spread throughout the world until today include Nestle Nesvita which is a nuitrition product. This essay will talk about how Nestle Nesvita product make a good business in Vietnam include macro and micro environment, SWOT and marketing strategies.
Situation Analysis
Vietnam is a traditional country where agriculture’s resources are rich and cheapable. It is a good palce for Nestle Nesvita Company to cooperate with. Moreover, the culture of Vietnam is suitable with the product because Vietnamese people are used to gift each other nutrition products such as Nesvita for elders or family with babies. Vietnam is an opening and developing country and it becomes more and more westernize so that it is a good choice for the Company to invest its product in Vietnam. Microenvironment
Company:
According to Nestle (2006), Nestle invests approximately CHF 1.5 billion in R&D annually, it is higher than other food organization in sale rate and other terms. Nestle also try to approach hi-tech to produce high quality food with good taste and high nutrition benefits. However, Nestle never stop innovate and always innovate new products that have more nutrition and higher level of taste to satisfy their customers.
Nestle have 500 factories in over 80 countries in all around the world and have their own laboratories to evaluate raw materials from suppliers and ingredients. In fact, Nestle Research Center in Lausanne will examine materials that provide nutrition, safety and other characteristic that will satisfy the consumers.
Nestle (2006) states that “Nestle is a Swiss company and Nestle will provide the best service for not only the share-holders but also for the society with their hard-working, reliable and effective.”
Nestle have a long term exists within 100 years with experience employees and multi-cultural nature of the company.