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
Vinamilk looks to net zero by 2050
Vietnam's leading dairy corporation Vinamilk has announced the Vinamilk Pathway to Dairy Net Zero 2050 project, underwhich the company will reduce its greenhouse gas (GHG) emissions by 15% in 2027 and 55% in 2035, before reaching net zero by 2050.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bright profit prospects for Vinamilk in Q1: executive
Dairy giant Vinamilk's Q1/2024 business results are likely to be far better than the same period last year, said chief financial officer Le Thanh Liem at an investor meeting in early February.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk paradox: profit soars, stock price tumbles
Vietnam’s dairy giant Vinamilk reported revenue of VND15.62 trillion ($639.64 million) and net profit of VND2.33 trillion ($95.4 million) in the fourth quarter of 2023, up 3.6% and 24.4% respectively year-on-year, according to its financial statement.
Companies - 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
Vietnam’s ice cream market can grow to $206 mln in 2023
The retail sale value of Vietnam’s ice cream market can grow 8% year-on-year to VND4.9 trillion ($205.7 million) in 2023, market researcher Euromonitor reported.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk reports $94 mln profit in Q2, changes brand identity
Vietnam’s largest dairy producer Vinamilk reported consolidated revenue of VND15.2 trillion ($642.27 million) and consolidated after-tax profit of VND2.22 trillion ($93.8 million) in the second quarter of this year, up 1.6% and 5.6% year-on-year, respectively.
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
Vinamilk projects flat profit in 2023
Vietnam’s largest dairy manufacturer Vinamilk is targeting after-tax profit of VND8.62 trillion ($367 million) in 2023, flat compared to the previous year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
20 largest investors hold 80% of Vinamilk's charter capital
Vietnam’s largest dairy manufacturer Vinamilk reported charter capital of nearly VND20.9 trillion ($886.16 million) at the end of 2022, with 80% owned by 20 investors.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Sojitz, Vinamilk builds $500 mln breeding, beef processing complex
Japanese company Sojitz and Vietnam’s largest dairy manufacturer Vinamilk on Wednesday broke ground on their $500-million complex for raising cows and supplying beef located in northern Vietnam, a project expected to advance Vietnam’s livestock industry.
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
Vinamilk, Kido dissolve $16 mln ice cream joint venture
Vibev, an ice cream and non-alcoholic beverage company owned by Vinamilk and cooking oil maker Kido, will be dissolved less than two years after its establishment.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$80 mln beef project to break ground in northern Vietnam next year
A VND2,000 billion ($80.4 million) complex to raise cows and process beef will break ground in March 2023 in the northern province of Vinh Phuc.
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
Viettel leads pack as top 3 Vietnam brands valued at $14.5 bln
Telecom giant Viettel is Vietnam’s most valuable brand at $8.8 billion, followed by VNPT ($2.9 billion) and dairy firm Vinamilk ($2.8 billion), according to brand valuation consultants Brand Finance.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Circular economy helps businesses optimize value chains: Vinamilk executive
Developing circular economy is critical to businesses as it helps them optimize their value chains, says an executive from Vinamilk, the largest dairy company in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk to build 14th dairy plant in Hung Yen
Vinamilk, Vietnam’s largest dairy company, will begin construction of a VND4,600 billion ($196 million) dairy factory in the northern province of Hung Yen in late December.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Triple helix collaboration crucial for circular economy growth: expert
Developing a circular economy in Vietnam requires concerted interactions between the government, enterprises, and relevant stakeholders, a Central Institute for Economic Management (CIEM) economist said Wednesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk sixth among global milk brands
Vinamilk, Vietnam’s largest dairy firm, has a brand value of $2.8 billion, up 18% over 2021, and ranks sixth among the top 10 most valuable milk brands in the world.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk after-tax profit drops 6 quarters in a row
Vinamilk, Vietnam’s largest dairy company, recorded an after-tax profit of VND2,102 billion ($90 million) in the second quarter of 2022, down 26.5% year-on-year, as inflation impacted purchasing power and prices of input materials surged.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sojitz-backed joint venture to challenge Australian, US beef imports
A major partnership between Japan’s trading giant Sojitz and Vietnam’s largest dairy company Vinamilk has started commercializing beef supplies in Vietnam, where American and Australian beef imports are already popular.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk builds dairy complex in northern Vietnam
Vietnam’s largest dairy company Vinamilk and its subsidiary Moc Chau Dairy Cattle Breeding JSC have commenced construction of a major dairy complex on Moc Chau Plateau, northern Vietnam.
Industries - 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
Vinamilk expects record revenue
Vietnam’s leading dairy company Vinamilk expects a revenue of VND64.07 trillion ($2.79 billion) in 2022, up 5% from a record high of $2.66 billion in 2021.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinamilk's pre-tax profit likely to drop for 2nd year in a row
Vietnam’s leading dairy company Vinamilk estimates its profit before tax this year might drop 7% year-on-year to VND12 trillion ($525 million), after a 1% decrease in 2021.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Meet “wonder women” on Vietnam stock exchange
These businesswomen have achieved brilliant successes and built impressive fortunes on the Vietnamese bourses.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vinhomes, banks among top tax payers
Banks dominated the list of biggest tax payers on Vietnam’s bourses in 2021, while the champion is Vingroup, the country’s largest listed company by market cap.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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