A farm of Vinamilk (Photo: Vinamilk)

Hanoi (VNA) – Vietnam Dairy Products JSC (Vinamilk) will invest in four high-tech dairy farms in the north central province of Thanh Hoa until 2020, said Vinamilk General Director Mai Kieu Lien.

The four farms, including an organic one, will be built in Vinamilk Thanh Hoa’s high-tech dairy farm complex. As many as 20,000 dairy cows will be raised on the farms, producing 110 million litres 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 milk a day.

The company is expected to have 200,000 dairy cows and raw milk output will double by 2020, meeting 50 percent of material demand for production and ensuring supply for Vietnamese consumers.

Vinamilk has recently inaugurated a high-tech dairy farm in Thanh Hoa. Covering a total area of 40 hectares in Thong Nhat town, Yen Dinh district, the facility was built with an investment of 700 billion VND (30.5 million USD).

The farm, designed to raise 4,000 milk cows, is granted the global GAP (Good Agricultural Practice) certification in recognition of its farm management, raw milk quality, and application of state-of-the-art technology.

Vinamilk is aiming for revenue of 55.5 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