Vinamilk leaps six spots in world’s top 50 dairy producers

The Vietnam Dairy Products Joint Stock Company (Vinamilk) has moved up six places from 42nd to 36th in the Top 50 by Total Sales in Dairy Product Processors (Global), according to the rankings announced by UK-based Plimsoll Publishing Ltd.
Vinamilk leaps six spots in world’s top 50 dairy producers ảnh 1A product of the Vietnam Dairy Products Joint Stock Company (Photo: VNA)
Hanoi (VNA) – The Vietnam Dairy Products Joint Stock Company(Vinamilk) has moved up six places from 42nd to 36th inthe Top 50 by Total Sales in Dairy Product Processors (Global), according tothe rankings announced by UK-based Plimsoll Publishing Ltd.

With total revenue of more than 59.7 trillion VND (nearly 2.6 billion USD) in2020, Vinamilk was the only dairy producer in Southeast Asia to enter the Top50.

Top 10 named businesses from the US, New Zealand, Europe and China.

The Vietnamese dairy firm entered the Top 50 for the first time in 2017. In2020, thanks to its rational strategies to respond to the COVID-19 pandemic,Vinamilk posted robust business results, with earnings surging 5.9 percent from2019, and 17 percent from 2017.

In the past time, an array of new products have been introduced to Vietnameseconsumers, including high-grade Vinamilk Green Farm fresh milk – a product madeof fresh milk sourced at Vinamilk’s Green Farm, Vinamilk UHT fresh milk withbird’s nest and Fruit Love.

Thanks to its high-quality products, Vinamilk has been among top three mostchosen fast-moving consumer goods (FMCG) brand owners in both urban and ruralareas for the 8th consecutive year, according to the KantarWorldpanel’s Asia Brand Footprint 2020.

Along with affirming its prestige in the domestic market, Vinamilk has won thetaste of consumers in 56 countries and territories. To date, it has shippedmore than 2.4 billion USD worth of dairy products abroad.

Vinamilk has invested heavily in its international-standard dairy farms. Thefirm is now owning 13 dairy farms in Vietnam, and an organic milch cow farmingresort complex in Laos.

Earlier this year, Vinamilk introduced the first eco-farmsystem in Thanh Hoa, Quang Ngai, and Tay Ninh provinces, with tens of thousandsof cows. At the farm, the natural groundwater isconsidered "the source of nourishing life" as it is the water supplysource for plants, grasslands and corn, helping to create eco-detention basinsand keeping the air cool and fresh./.





VNA

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