Vietnamplus

The annual food and beverage consumption of Vietnam accounts for about 15 percent of the country’s GDP and tends to increase in the near future.

More than 300,000 kindergarten and first-grade students in 10 HCM City districts will benefit from a school milk programme launched on October 31.

A programme to promote milk products of Vietnam Dairy Products Joint Stock Company, Vinamilk, has been held in China's Hunan province within the framework of the 2019 China Int'l Food & Catering Expo.

Vietnamese enterprises are showcasing their products at the 17th Import Goods Fair (IGF) 2019, which opened on June 27 in Seoul.

Vinamilk inaugurated a dairy cow farm in the southern province of Tay Ninh on March 27 which covers a total area of 685 hectares, making it the largest of its kind in Vietnam.

The Vietnam Dairy Products Joint Stock Company (Vinamilk) has offered to purchase more than 116 million shares of the GTNFoods Joint Stock Company (GTN) as GTN indirectly holds shares in Moc Chau Milk.

The People’s Committee of the central city of Da Nang said it had granted licences to seven foreign direct investment projects worth 419.4 million USD, and agreed investment research for 15 other projects worth an estimated 2.6 billion USD.

Twenty Vietnamese enterprises will showcase their products at the 24th edition of Gulfood – the world’s largest annual food & beverage trade exhibition – in Dubai, the United Arab Emirates, from February 17-21.

The Saigon Beer-Alcohol Beverage Corporation (Sabeco) early this week announced that it received an official letter from the State Securities Commission approving unrestricted foreign ownership at the largest beverage company in Vietnam.

The Vietnam Dairy Products Joint Stock Company (Vinamilk) has reported its combined revenue rose 3.3 percent year-on-year in the third quarter of 2018 to 13.73 trillion VND (around 586.8 million USD).

The Vietnam Dairy Products Joint Stock Company (Vinamilk) imported more than 200 organic dairy cows from Australia in October.

Vinamilk products, served on Vietnam Airlines flights departing from Vietnam, will have specially designed packing to promote the quality of the country’s single four-star airline.

Forbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.

Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.

The Vietnam Dairy Products Joint Stock Company (Vinamilk) targeted a revenue of 55.5 trillion VND (2.46 billion USD) and a post-tax profit of 10.75 trillion VND (477 million USD) this year.

The Vietnamese market will see more state-owned enterprises (SOEs) equitised in 2018, following the State’s divestment from Sabeco and Vinamilk.

Livestock farmers should join production links with cooperatives as well as processing and trading enterprises to sustain their livelihoods, experts said at a conference in Hanoi on December 12.

The State Capital Investment Corporation (SCIC) organised a roadshow in Ho Chi Minh City on October 18 to introduce opportunities from the offloading of its 3.33-percent stake at the Vietnam Dairy Products Joint Stock Company (Vinamilk).

Telecommunications, IT and retail firms took the lead in terms of profitability last year on the list of Profit500 – the top 500 firms with the highest profits in Vietnam.

Vietnam’s sovereign fund State Capital Investment Corporation (SCIC) will sell 3.33 percent of the State’s capital in the Vietnam Dairy Products Joint Stock Company (Vinamilk) on November 10 this year, the SCIC announced on October 16.