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Update news Vinamilk
Vietnamese consumers buy on average 24 kilograms of dairy products each year, much lower than that in the region. Domestic materials can only satisfy 35 percent of demand, indicating that the figures show the fresh milk market still has potential.
VietNamNet Bridge - Vinamilk and Nutifood have decided to enter foreign markets.
As the competitive edge in the fresh milk market segment is evenly divided among big companies, the organic milk segment has become a new battlefield for dairy producers.
Domestic dairy producers are developing their A2 milk cow herds to serve their plan to make A2 milk, starting a new race in the high-end market segment.
VietNamNet Bridge - Contrary to all predictions, Vietnamese enterprises are willing to spend big money to use robots and advanced technologies in their production lines.
Domestic dairy production has been increasing rapidly, while the proportion of imports in total domestic consumption is on the decrease, which is good news for Vietnam’s dairy industry.
The huge investments in Thaco, Vinamilk, the Asia Commercial Bank (ACB) and Refrigeration Engineering Enterprise (REE) all have relations with Jardine Matheson.
VietNamNet Bridge - Two Vietnamese female billionaires in the dairy industry have officially set foot in the US market.
VietNamNet Bridge - According to Euromonitor International, Vietnam was ranked 32nd in the world in demand for food packaging in 2015 with 3.915 million tons.
VietNamNet Bridge - Vinamilk is leading the domestic fresh milk market, but is now being challenged by newcomers.
MOF introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.
VietNamNet Bridge - Thai, Japanese and Danish investors are earning trillions of dong from the shares of profitable Vietnamese enterprises they are holding.
VietNamNet Bridge - The competition in the sweets market is getting fierce as market growth has slowed down.
VietNamNet Bridge - To fulfill the dream of listing shares on foreign bourses, businesses have to overcome many barriers.
VietNamNet Bridge - Rapid-fire news about state divestment from 10 profitable state-owned enterprises emerged in 2016, but no further news has been reported this year.
VietNamNet Bridge - Both Vietjet and VNG have said they want to be the first Vietnamese enterprises to list shares on foreign bourses. Other firms have tried to do so in the past.
VietNamNet Bridge - Saying ‘no’ to Youtube means leaving an advertisement channel.
The European-standard dairy farm Vinamilk Organic Da Lat was inaugurated in Tu Tra commune, Don Duong district, the central Highlands province of Lam Dong.
Having collected hundreds of trillions from divestments of large corporations, the State Capital Investment Corporation (SCIC) in using money for re-investments. But the direction it will take in 2017 will be different.
While SCIC can sell only 60 percent of Vinamilk shares, the nation’s leading dairy producer, domestic investors are queuing up to buy shares of Sabeco, increasing the brewery’s share prices.