Hanoi (VNA) – Vietnam DairyProducts JSC (Vinamilk) will invest in four high-tech dairy farms in the northcentral province of Thanh Hoa until 2020, said Vinamilk General Director MaiKieu Lien.
The four farms, including an organicone, will be built in Vinamilk Thanh Hoa’s high-tech dairy farm complex. Asmany as 20,000 dairy cows will be raised on the farms, producing 110 millionlitres of milk per year.
[Vinamilk opens high-tech dairy farm in Thanh Hoa]
With its current development plans,Vinamilk owns more than 120,000 dairy cows, supplying about 750 tonnes of milka day.
The company is expected to have200,000 dairy cows and raw milk output will double by 2020, meeting 50 percentof material demand for production and ensuring supply for Vietnamese consumers.
Vinamilk has recently inaugurated ahigh-tech dairy farm in Thanh Hoa. Covering a total area of 40 hectares inThong Nhat town, Yen Dinh district, the facility was built with an investmentof 700 billion VND (30.5 million USD).
The farm, designed to raise 4,000milk cows, is granted the global GAP (Good Agricultural Practice) certificationin recognition of its farm management, raw milk quality, and application ofstate-of-the-art technology.
Vinamilk is aiming for revenue of55.5 trillion VND (2.46 billion USD) and post-tax profit of 10.75 trillion VND(477 million USD) this year, up 8.5 percent and 4.6 percent, respectively. -VNA