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Update news Vinamilk
VietNamNet Bridge - For every pair of shoes worth $100, Nike makes a profit of $20, while Vietnamese workers earn $0.6. In order to have enough money to buy a pair of Nike shoes, a Vietnamese worker has to make 166 pairs of shoes.
Thai groups are waiting for the Government of Vietnam’s implementation of a plan to divest itself from 12 major State-owned enterprises, especially those operating in the fields of drinks and construction materials, Nikkei Asian Review reports.
VietNamNet Bridge - The dairy market is expected to become hot as more free trade agreements (FTAs) take effect, bringing more foreign producers to the Vietnamese market.
VietNamNet Bridge – Vinamilk, Viet Nam Dairy Products Joint Stock Company, expects to reach its target of becoming one of the top 50 global dairy firms in the next three years after it has shown strong development over the past 40 years.
VietNamNet Bridge - Vinamilk, Traphaco and Hau Giang Pharmacy – three out of the largest Vietnamese conglomerates - all are led by women.
VietNamNet Bridge - Chinese agencies have said they are considering opening the market to Vietnam dairy exports through official channels.
VietNamNet Bridge - Experts have urged the State to sell 20 of its businesses, saying that the State budget would have $10 billion from the sale.
VietNamNet Bridge - While investors have become impatient about the state capital disinvestment process, the State Capital Investment Corporation (SCIC) and governing bodies have remained quiet.
VietNamNet Bridge - Many Vietnamese working for Vietnamese-owned enterprises can receive sky-high bonuses of up to hundreds of billions of dong.
VietNamNet Bridge - The State Capital Investment Corporation (SCIC) has announced a plan to sell stakes in 120 businesses in 2016. However, the list does not include the names most wanted by investors.
ThaiBev has been chasing Sabeco’s stakes for a few years. More than 10 investors have registered to buy Sabeco’s shares. Why are investors so interested in the Vietnamese beer manufacturer?
Leading pharmacy firms such as Hau Giang Pharmacy, Domesco and Traphaco have not been included on the list of enterprises that the State Capital Investment Corporation (SCIC) plans to divest from in at least three years.
Vinamilk, Sabeco, and Masan Consumer have spent thousands of billions of dong each year on advertising programmes to increase their market shares in stiff competition, according to newswire Cafef.vn.
VietNamNet Bridge - Masan, FPT, Vinamilk ... are aiming to be recognized globally in the near future and become the pride of Vietnam through the creation of a unique model of successful business in Asia.
VietNamNet Bridge - The State Capital Investment Corporation (SCIC), a powerful conglomerate which is often compared with Singapore’s Temasek and Malaysia’s Khazanah, is bogged down with many investment projects.
VietNamNet Bridge - Competing unhealthily by spreading false rumors has become a trick favored by many businesses in Vietnam.
VietNamNet Bridge - In 2015 alone, Nguyen Thi Nga, who is believed to be the richest Vietnamese businesswoman, spent billions of dollars on big business affairs.
Responding to Sumatra, which has affirmed its rights over JET and Hero cigarette brands, Vinataba said the proof Sumatra used was not sufficient to show ‘use in reality’ of JET and Hero in Vietnam.
VietNamNet Bridge - The soft landing of the Chinese economy would be better for Vietnam than a hard landing, experts say.
VietNamNet Bridge - Included in the list of the most dynamic companies in Asia, or the Asia 300 of the Japanese news agency Nikkei, Vietnam has five businesses: Vingroup, Vietcombank, FPT Group, PetroVietnam Gas and Vinamilk.