Vinamilk celebrates 40th anniversary

Hanoi (VNA) – Vietnam’s dairy giant Vinamilk marked its 40th anniversary at a ceremony that was live broadcast nationwide on August 20 night.

The ceremony in Hanoi recalled the course of 40-year development of the Vietnam Dairy Products Joint Stock Company since its establishment in 1976, one year after the national liberation.

The company has grown into not only the biggest milk maker and one of the top 50 listed firms in Vietnam but also one of the top 100 companies in Southeast Asia and the top 300 in Asia companies.

Over the past 10 years since the equitisation, Vinamilk has contributed more than 3 trillion VND (136.3 million USD) to the State budget per year.

In her speech at the ceremony, Vice President Dang Ngoc Thinh hailed Vinamilk as one of successful equitisation models and an outstanding example in building a brand that is capable of competing in and outside the country.

Vinamilk is also one of the best firms supporting social programmes, especially those targeting children.

On the occasion, National Assembly Chairwoman Nguyen Thi Kim Ngan presented the Independence Order, third class, to the company, marking the second time it has been awarded with the distinction.

The company also announced a 14 billion VND financial aid to poor students across the country.-VNA