Vinamilk

Update news Vinamilk

Should Vietnam take pride in low labor costs?

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 eager to purchase shares of 12 big SOEs in Vietnam

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. 

Fierce battle in dairy market anticipated

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.

Vinamilk’s growth and future plans: CEO

 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.

The iron businesswomen in the Vietnamese market

VietNamNet Bridge - Vinamilk, Traphaco and Hau Giang Pharmacy – three out of the largest Vietnamese conglomerates - all are led by women.

Vietnam expected to export dairy products to China

VietNamNet Bridge - Chinese agencies have said they are considering opening the market to Vietnam dairy exports through official channels. 

VN could receive $10 billion from sale of 20 SOEs

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.

Governing bodies in no hurry to sell stakes in big conglomerates

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.

Big bonuses at big conglomerates please staff

VietNamNet Bridge - Many Vietnamese working for Vietnamese-owned enterprises can receive sky-high bonuses of up to hundreds of billions of dong.

SCIC sells many businesses, but keeps the most profitable

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.

Why are investors attracted to Sabeco?

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?

Investors told not to expect SCIC to divest from pharmacy firms

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.

Where a slight advertising programmes costs millions

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.

The ambitions of "billion USD" empires in Vietnam

 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.

Where has SCIC invested the state’s money?

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.

Businesses lose billions of VND on false rumor

VietNamNet Bridge - Competing unhealthily by spreading false rumors has become a trick favored by many businesses in Vietnam. 

How has Vietnam's richest businesswoman spent their billions of dollars?

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.

Vinataba: cigarette smuggling continues

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. 

China's hard or soft landing: what is the scenario for Vietnam?

VietNamNet Bridge - The soft landing of the Chinese economy would be better for Vietnam than a hard landing, experts say.

Five Vietnamese firms among Nikkei’s 300 most dynamic companies in Asia

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.