HO CHI MINH CITY, VIETNAM (Sept. 10, 2015) – Amway today announced the opening of its new $25 million USD manufacturing plant in Binh Duong, Vietnam. The 55,000-square-meter facility will house select manufacturing operations for Nutrilite™, the world's No. 1 selling vitamins and dietary supplements brand* offered exclusively from Amway Business Owners.
Part of the company’s ongoing $332 million USD global manufacturing expansion, the Binh Duong plant is one of six new facilities opening in 2015 for Amway. Other facilities are located in the United States (California, Michigan and Washington), India and China.
“Amway Vietnam is a success because of the entrepreneurial spirit and hard work of the people who sell our products and grow their businesses,” said Amway Chairman Steve Van Andel. “The opening of our second factory in Vietnam will help our distributors reach more customers and become even more successful. We’re committed to the continued growth of Amway Vietnam and look forward to many more years of helping to improve the lives of our distributors and the communities where they work and live.”
Based in Ho Chi Minh City, Amway began selling products in Vietnam in 2008. The company’s first manufacturing facility in Vietnam is located in the Dong Nai Province.
“The substantial investment in building up a second factory in Binh Duong demonstrates strongly our long-term commitment to Vietnam and our desire to play a part in contributing to the socio-economic growth of the country,” Amway Vietnam General Director Leo Boon Wang said. “The new factory will enable us to better serve our customers and meet our projected business growth in the years ahead.”
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Amway is a $10.8 billion direct selling business based in Ada, Michigan, USA. Top-selling brands for Amway are Nutrilite™ vitamin, mineral and dietary supplements, Artistry™ skincare and color cosmetics and eSpring™ water treatment systems – all sold exclusively by Amway Business Owners. Global sales in 2014 made Amway the #1 direct selling business in the world, according to the Direct Selling News 2015 Global 100. The company’s annual sales figure includes revenue from direct selling operations and other business holdings. For company news, visit globalnews.amway.com.
* Source: Euromonitor International Limited, www.euromonitor.com/amway-claims.
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