Business

Vinamilk exports plant-based and condensed milk to China

Vinamilk said it exported ten containers of plant-based milk to China in the early days of 2021 and five more containers of condensed milk will soon depart for the world’s largest market.
Vinamilk exports plant-based and condensed milk to China ảnh 1Vinamilk exports ten containers of plant-based milk to China in the early days of 2021. (Photo: VNA)

Hanoi (VNA) – Vinamilk said it exported tencontainers of plant-based milk to China in the early days of 2021 and five morecontainers of condensed milk will soon depart for the world’s largest market.

It is believed to be a good start for Vietnam’s largestdairy producer this year.

Ten containers of high-quality plant-based milk – almond-flavouredsoymilk and red bean-flavoured soymilk – have arrived in China and been available atlocal convenience stores while the State-owned corporation is ramping upproduction to deliver five containers of condensed milk before the Lunar NewYear Festival.

In April last year, Vinamilk dispatched to China its firstshipment of Ong Tho (Longevity) Brand Sweetened Condensed Milk, which has beenwell-received in the neighbouring country.

Last week, the Ministry of Industry and Trade announced thatTruong Tho Dairy Factory, a member of Vinamilk, was granted with codes forexporting to China sterilized milk, modified milk, sweetened condensed milk andother condensed milk products. It is the third factories of the firmlicensed to do so to date.

Vinamilk shipped plant-based milk products to China for thefirst time in late 2020, said the company's International Business Director Vo Trung Hieu.Thanks to positive feedback from Chinese consumers, the Vietnamese dairyproducer has received more orders from China in early thisyear, he added.

China is a big, promising but very competitive market, soVinamilk must be mindful in every step that it takes to gain a foothold in thismarket, Hieu noted.

Last year, Vinamilk exported more than 240 million USD worthof products, up over 8 percent from 2019. Its products have been available in56 countries and territories so far.

China is the biggest milk importer in the world. In 2019,the country imported 39.43 million tonnes of milk and milk products. Of which,imported fresh milk was about 750,000 tonnes and milk powder was 650,000tonnes.

The United Nations Food and Agriculture Organisationpredicted that the demand for milk and milk products of this market wouldincrease around 45 percent by 2025./.
VNA
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