The Vietnam Dairy Products Joint Stock Company (Vinamilk) will put into operation two modern dairy plants in the southern province of Binh Duong late April, Chairwoman cum CEO of the Vinamilk Corporation Mai Kieu Lien has said.

Covering 20ha in the My Phuoc Industrial Zone, the first factory, which is fully automated, will turn out 400 million litres of milk annually in the first phase, equivalent to the capacity of Vinamilk’s nine operating plants. It will then double the output after the second phase.

Located in the Vietnam-Singapore industrial zone, the second, covering six ha, will produce 54,000 tonnes of powdered milk, four times the current figure.

Vinamilk posted export revenues of almost 180 million USD and contributed more than 2.9 trillion VND to the State budget last year. It also sold more than 4 billion products the same year, the highest figure so far, and this figure is expected to reach 26.5 trillion VND by the end of this year.-VNA