Kinh Do Binh Duong Joint Stock Company was officially renamed Vietnam Kinh Do Mondelez Joint Stock Company (Mondelez Kinh Do) on March 1.
Mondelez International, one of the world’s largest snacks companies, invested VND7,846 billion (US$370 million) in the purchase of 80 percent stakes of Kinh Do’s confectionary part on June 30 last year.
The company’s products have been presented in 165 nations in the world.
Mr. Vu Quoc Tuan, deputy director general of Mondelez Kinh Do, said that the company would succeed and develop the brand name and product quality of Kinh Do.