Dairy giant Vinamilk plans to increase its investment in its Laotian subsidiary by US$41 million to US$66.4 million.
Another Vietnamese factory has been granted with a transaction code to export dairy products to China, according to the Asia-Africa Market Department under the Ministry of Industry and Trade.
With a scale of nearly US$180 billion and an annual two-digit growth rate, the Vietnamese consumer retail market is being squeezed by foreign investors.
Vietnamese dairy producer Vinamilk has been chosen as the Fast Moving Consumer Goods (FMCG) brand in four key cities for the 8th consecutive year.
The Chinese General Administration of Customs (GAC) on June 22 granted transaction codes to two Vietnamese companies to export dairy products to China, reported the Ministry of Industry and Trade’s Department of Asia-Africa Markets.
VOV.VN - The Vietnam Dairy Products Joint Stock Company (Vinamilk) has been licensed to export its dairy products to the Eurasian Economic Union (EAEU), an economic union of states in Eastern Europe, Central Asia and Western Asia.
Food producer KIDO Group (KDC) has announced that it is entering the beverage industry by setting up a joint venture with dairy giant Vinamilk.
VOV.VN - Vice State President Dang Thi Ngoc Thinh paid a visit to pupils at the Kim Dong Primary School in the central province of Quang Nam’s Bac Tra My district on June 1, offering them boxes of milk as a gift to commemorate International Children Day.
Products of Vietnamese milk producer Vinamilk (Vietnam Dairy Products JSC) have made their entry into the market in the Republic of Korea (RoK), said a RoK dairy business.
Driftwood Dairy Holding Corporation, an affiliate of Vietnam’s diary producer Vinamilk in the US, has recently donated nearly 23,000 litres of fresh milk, worth US$21,000, to people living in Los Angeles, California, who are facing difficulties due to the impact of the COVID-19 pandemic.
VOV.VN - Vietnam’s largest dairy producer Vinamilk has donated an additional VND15 billion worth of nutritional milk products to over 4,000 frontline medical staff nationwide who are working tirelessly to treat COVID-19 patients.
Singaporean firm F&N Dairy Investment Pte Ltd has filed an offer to purchase more than 17.4 million shares in domestic dairy producer Vinamilk (HoSE: VNM).
Vietnam’s largest dairy producer Vinamilk has donated VND10 billion (nearly US$430,000) to authorities in the purchase of medical equipment needed for quick coronavirus testing.
Good corporate governance often leads to good performances and improves share prices and risk management for companies.
The Vietnam Dairy Products JSC (Vinamilk) signed a dairy export contract worth 20 million USD at Gulfood, one of the world’s largest exhibitions, in Dubai from February 16-20.
VOV.VN - A factory belonging to dairy giant Vinamilk has been granted permission to export sweetened condensed milk and other types of condensed milk products to the Chinese market.
The combined market cap for Vietnam's top 10 listed companies surged 16 percent year-on-year to almost US$88 billion in 2019, according to financial data provider FiinGroup.
Foreign investors have been net buyers on the Vietnamese stock market for a third year in a row on bet of gains in one of the best performing economies in the world.
After numerous rounds of negotiation, Vinamilk completed the purchase of 79.5 million shares in GTNFoods to increase its holdings to 75 per cent and indirectly own 51 per cent of the voting rights in Moc Chau Milk.
The Vietnam Dairy Association forecasts Vietnam's dairy industry will grow from 9-10 per cent next year and local milk consumption per capita will reach 28 litres in 2020.