Vietnamese milk producer TH Group has initiated the construction of a high-tech, concentrated dairy cow complex worth over US$109 million in the Central Highlands province of Kon Tum. The construction of the dairy cow project began in Mo Rai Commune, Sa Thay District, on Friday, according to the Vietnam News Agency. With dairy cow farmsContinue reading “TH Group proceeds largest dairy cow project in Central Highlands”
Tag Archives: Dairy
Vinamilk acquires majority stake in competitor
Vinamilk, formally Vietnam Dairy Products Jsc, has increased its ownership in GTNfoods from 43.17 percent to 75 percent, the dairy giant said in a recent statement. GTNfoods own a 51 percent stake in Moc Chau Milk, the biggest dairy producer in the north. The majority of shares were bought on December 18, when the HoContinue reading “Vinamilk acquires majority stake in competitor”
Quality rumor sends Vietnamese dairy giant Vinamilk’s shares plummeting
Dairy group Vinamilk, Vietnam’s second-largest listed company, saw its shares drop 2.63 percent on Monday due to a rumor circulating on social media about the origin of ingredients used in its products. The rumor surfaced on the Internet in Vietnam last week. Specifically, some Facebook users claimed that Vinamilk’s milk products are not made fromContinue reading “Quality rumor sends Vietnamese dairy giant Vinamilk’s shares plummeting”
Vietnam Dairy Comprehensive Market Research Report & Future Outlook
Dairy is an important and essential food but due to the high price compared to Vietnamese average income leading to the limitations in dairy’s expenses. Dairy’s spending accounts for 10% of the total food’s expenditure in Vietnam. Average GDP per capita growing constantly is the important factor boosting the dairy consumption. The world’s dairy industryContinue reading “Vietnam Dairy Comprehensive Market Research Report & Future Outlook”