Tuesday, December 10, 2019 10:56:51 PM - Markets open
VN-INDEX 960.30 -5.76/-0.60%
HNX-INDEX 102.04 -0.32/-0.31%
UPCOM-INDEX 55.36 -0.43/-0.77%
VNM: Vinamilk’s products present in 43 countries
VietnamPlus - 7/6/2018 10:31:40 AM
 (0 ratings. You must sign in to rate.)
Dairy giant Vinamilk’s products have hit supermarket shelves in 43 countries and territories across five continents.
 
Vinamilk has ten large-scale Global GAP farms nationwide with all its 120,000 dairy cows imported from Australia, the US and New Zealand. Four years ago, a Vinamilk dairy farm in the central province of Nghe An became the first in Southeast Asia and the third in Asia to receive a Global GAP certificate. This means the farm met domestic and international quality and safety standards.
 
Every day, the firm collects some 750 tonnes of fresh milk from its farms and 8,000 farming households daily, enough to produce three million glasses of milk per day.
 
The company plans to increase its herd of cows to 200,000 in 2020 to double its daily fresh milk output.
 
Currently, Vinamilk owns 13 plants, including a mega-factory in the southern province of Binh Duong. Equipped with advanced technology in automation, the factory operates on an automatic basis, from the feedstock input to the final produce storage under the control of the central computing system.
 
The milk factory can meet the demand for liquid milk for the entire Vietnamese market. It can provide 400 million litres of milk per year and productivity will be raised to 800 million litres after Vinamilk expands the factory.
 
After gaining a foothold in foreign markets with its traditional items of powdered milk for infants and toddlers and condensed milk, Vinamilk has recently begun the export of fresh milk, yogurt and fruit juice.
 
Since 1997, the dairy giant has earned 2 billion USD from exports. It is working to expand operations abroad, especially in emerging markets like Laos and Myanmar.
 
It has also paid attention to market research activities to expand its presence in new markets in Africa.
 
Regarding domestic markets, Vinamilk was the most chosen consumer brand in Vietnam for four consecutive years from 2014-2017, according to the 2018 edition of Kantar Worldpanel’s Brand Footprint report.
 
With high Consumer Reach Points, Vinamilk was the most chosen dairy brand in Hanoi, Da Nang, Ho Chi Minh City and Can Tho, and rural areas across the country in 2017.
 
Vinamilk is aiming for revenue of 55.5 trillion VND (2.46 billion USD) and post-tax profit of 10.75 trillion VND (477 million USD) this year, up 8.5 percent and 4.6 percent, respectively. - VNA
 
Read original article here
Newer News
16:26 NDP: Notice of the progress of use of proceeds
16:25 FUESSV50: Announcement after exchange trading 09 Dec 2019
16:24 FUESSV50: NAV 09 Dec 2019
16:24 E1VFVN30: NAV 09 Dec 2019
16:23 E1VFVN30: Announcement after exchange trading 09 Dec 2019
16:17 KTS: Selection of auditor for the period 2019-2020
16:17 KTT: Selection of auditor for fiscal year 2019
16:17 KTT: Notice of transaction of Directors, PDMR (Le Khanh Trinh)
16:17 KDM: Notice of transaction of Directors, PDMR (Le Thi Hanh Nguyen)
16:15 SRC: Supplement of documents of the first EGM 2019 via the website
Older News
03/07 Masan Consumer inks strategic partnership with South Korean meat producer
02/07 Vietcombank’s pre-tax profit up 52 percent in six months
02/07 HPG: Hoa Phat Dung Quat Steel JSC improves administration capacity
28/06 VCB: Vietcombank to apply Basel II next month
28/06 Banks optimistic about growth rate this year
28/06 NLG: Nam Long kicks off Waterpoint township in Long An province
28/06 Traphaco and Cadivi fined for tax arrears
27/06 YEG: Entertainment company Yeah1 lists 27 mln shares on HOSE
27/06 Bamboo Airways buys 20 Boeing 787-9 Dreamliner aircraft
26/06 DGW: Xiaomi opens new Mi Store in HCM City
 
Newsletter Signup
Top Stories
Reference exchange rate down 4 VND on December 10
Reference exchange rate down 3 VND on December 6
Vietnam’s economy stays positive amid global growth slowdown: PM
Vietnam attracts 31.8 billion USD in FDI in 11 months
Software firms are adding more value to their products
Market Update
Last updated at 3:10:01 PM
VN-INDEX 960.30 -5.76/-0.60%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.