Singaporean firms go back on plan to buy more Vinamilk shares
Singapore-based Platinum Victory Pte. Ltd. and F&N Dairy Investments Pte. Ltd. have failed to buy more shares of leading Vietnamese diary firm Vinamilk after registering to do so.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Investors can feel secure in Vinamilk shares: exec
The dairy industry still has great potential for growth, so investors can be assured when investing in dairy giant Vinamilk, said Nguyen Quang Tri, the company’s marketing executive director.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dairy giant Vinamilk looks to milk new growth cycle
Vietnamese dairy giant Vinamilk is poised to transform itself and reverse the slowdown it has experienced in recent years despite continued domination of the domestic market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan's Sojitz wholly acquires Vietnam's food wholesaler New Viet Dairy
Japan’s multi-sector business Sojitz Corporation and its subsidiaries Sojitz Asia Pte. Ltd. and Sojitz Vietnam Company Ltd. have acquired the full ownership at Dai Tan Viet JSC (New Viet Dairy), a major food wholesaler in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dutch dairy giant FrieslandCampina nurtures sustainability in Vietnam
FrieslandCampina Vietnam (FCV) considers the sustainable development orientation a competitive advantage and differentiating factor, said general director Richard Kiger in a talk with The Investor.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
TH Group plans four hi-tech agri projects in central Vietnam
TH Group JSC, a leading Vietnamese dairy firm, has received approval to invest VND2,253 billion ($94.6 million) in four projects in Thanh Hoa province’s Thuong Xuan district.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Two Korean-Thai dairy products make Vietnam debut
Two food supplements made by a collaboration of leading South Korean confectioner Orion and Thailand’s top dairy firm Dutch Mill have made their debut in Vietnam’s dairy market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
China's Mixue leads store count for popular milk tea beverage in Vietnam
Chinese affordable ice cream and tea franchise Mixue recently opened its 1,000th store in Vietnam after arriving in the country in 2018, becoming the biggest beverage brand in Vietnam in terms of stores.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk targets 5.5% revenue growth in 2023
Vietnam’s largest dairy manufacturer Vinamilk is targeting VND63.38 trillion ($2.7 billion) in consolidated revenue for 2023, a year-on-year increase of 5.5%, said CEO Mai Kieu Lien.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore’s Growtheum to invest $100 mln in Vietnam dairy firm IDP
Growtheum Capital Partners has agreed to pay around $100 million for a stake in Vietnam’s International Dairy Products JSC (IDP) as the Singapore-based private equity firm looks to tap the region’s growing dairy market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan milk producer Morinaga spends $4.5 mln on acquiring Vietnam distributor
Morinaga Milk Industry Company, a popular Japanese formula milk producer, has spent VND105.98 billion ($4.5 million) on acquiring a 51% stake of Morinaga Le May Vietnam JSC, a major distributor of Japanese goods in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Leading dairy firm Vinamilk's 2022 profit falls 19% to $366 mln
Post-tax profit of Vinamilk, Vietnam’s leading dairy producer, dropped 19.3% year-on-year to VND8,578 billion ($365.8 million) in 2022, fulfilling 88% of its target.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam becomes attractive powder milk market for South Korea
Vietnam is becoming a more and more attractive power milk market for South Korea and the export revenue for Korean firms could exceed $20 million in 2023, South Korean media reported.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese consumers seek out low-sugar products
Vietnamese people are paying greater attention to low-sugar products, with 1.55 million discussions on social media in 2020-2022, according to a report by Kompa, a local social listening firm.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central Highlands province inaugurates 20-mln-liter milk factory
The Central Highlands province of Lam Dong inaugurated Thursday the VPMilk Eco Farm milk factory with an annual processing capacity of 20 million liters, the fifth in the province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk sixth most valuable dairy brand in the world
Vinamilk, Vietnam’s leading dairy manufacturer, has reached a new milestone by ranking sixth among the world's top 10 most valuable dairy brands identified by Brand Finance.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Nutifood acquires 51% stake in Swedish food firm Cawells
Vietnamese nutritional products maker Nutifood has acquired a controlling 51% stake in food company Cawells to further improve its Sweden-based ecosystem.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk's foreign market revenue sees two-digit growth
Vinamilk, Vietnam’s largest dairy company, recorded a net foreign market revenue of VND2,220 billion ($96.2 million) in the first quarter of this year, up 10.3% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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