24/12/1991 - The International Beverage Company (IBC) was established as a joint venture between SP. Co and Marcondray - Singapore with capital contribution ratio 50% - 50%.
1992 – Built and inaugurated Hoc Mon Plant
In 1994 the US Embargo was lifted. The PepsiCo in partnership with IBC Company to form a franchise, joined the Vietnamese market with two first brands: Pepsi and 7UP
1998 - 1999, PepsiCo owned 100% of the capital.
In 2003, the company was renamed PepsiCo Beverages International - Vietnam. In the same year it launched Sting, Twister, Lipton Ice Tea, Aquafina.
2004 – In 2004, the company acquired Dien Ban plant, and expanded its business in Quang Nam.
2005 – Officially became one of the biggest beverage companies in Vietnam
In 2006, the company expanded its business into food. Snack Poca was introduced and got the interest from consumers and youth.
2007 – Developed soya milk industry
From 2008 – 2009, the food plant in Binh Duong was inaugurated. New beverage products were launched, e.g. 7Up Revive, Lipton Green Tea, Twister Pineapple....
2010 marked important milestone for PepsiCo Vietnam via a 250 million USD investment announcement into the Vietnamese market for the next 3 years. February 2010, Can Tho plant officially began operating.
2012 – the acquisition of San Miguel in Dong Nai was taken place in March 2012 and Bac Ninh Plant - the biggest plant of PepsiCo in Southeast Asia was inaugurated in October.
April 2013, Suntory PepsiCo Vietnam Beverage (SPVB) was formed between Suntory Holdings Ltd. (51%) and PepsiCo, Inc. (49%). Oolong Tea+ Plus & Mountain Dew were the 02 first new products after the strategic beverage alliance's establishment.