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Vinamilk, Vinpearl, Samsung Electronics HCMC and McDonald’s are among the most popular recruiters in Vietnam this year, according to recruitment platform CareerViet. The top five recruiters in the large business category are Vinamilk, Vinpearl, Samsung…
The Vinamilk – Kido Beverage Joint Venture Company has announced its dissolution after just a year of doing business. Vinamilk, the country’s largest dairy company, decided to end its joint venture with ice-cream producer Kido with effect from December 1 due…
Dielac powdered milk has changed the habit of Vietnamese consumers who used to prefer foreign goods by well addressing the nutritional needs of children. Nguyen Quang Tri, Vinamilk’s executive director of marketing, brought the success story of Dielac…
Vinamilk reported a 26-percent year-on-year fall in second-quarter profits to VND2.1 trillion (US$89.97 million), and blamed it on inflation driving demand down and costs up. The dairy giant’s revenues fell by 5 percent to VND14.93 trillion. In the first five…
Vinamilk is set to see profits decline for a second straight year in 2022 due to rising costs of raw materials and transportation. Vietnam’s leading dairy company targets pre-tax profits of VND12 trillion ($524.70 million), down 7 percent from last year,…
The Vietnam Dairy Products JSC is stepping up R&D to create innovative products enriched with local flavors to satisfy the diverse range of global tastes. With its strategic investment in product development, international expansion, and commitment to…
Vinamilk has climbed six ranks to 36th in the top 50 world dairy producers with the highest turnovers, according to Plimsoll, a British financial analysis agency. With revenue of $2.6 billion in 2020,Vinamilk is the only representative in Southeast Asia to be…
Vietnam’s sovereign fund and two Singaporean investors failed to acquire stakes in dairy giant Vinamilk this month as they had planned. A subsidiary of the State Capital Investment Corporation (SCIC) was unable to buy 225,000 VNM shares, or a 0.01 percent…
Vinamilk has signed a $20 million deal with a distributor in Dubai to supply dairy products from the second quarter of 2020. Vietnam’s biggest dairy company said in a statement that the deal with the distributor, whom it did not identify, was signed at the…
Vietnam’s biggest dairy company Vinamilk has acquired a majority stake in Moc Chau Milk, entrenching its market dominance. Vinamilk, formally Vietnam Dairy Products Jsc, has increased its ownership in GTNfoods from 43.17 percent to 75 percent, the dairy giant…
Two Singaporean investors in Vinamilk have failed repeatedly to increase their stake in the dairy giant by one percent. In the latest instance, investment firm Platinum Victory has once again failed to increase its stake, Vinamilk said Monday. The…
Vinamilk’s bid to acquire a 49 percent stake in GTN Foods, which owns 51 percent of Moc Chau Milk, has been rejected. The board of GTN Foods passed a resolution turning down the public offer made by Vinamilk, Vietnam’s largest dairy company. It would have…
Vietnam’s biggest dairy company plans to open a plant in Myanmar this year and is preparing to enter Indonesia and China. The Myanmar factory will be Vinamilk’s second in Southeast Asia after acquiring its first in Cambodia. It is in discussion for one joint…
Vietnam’s five most valuable brands were worth a combined $8.1 billion in 2018, up $2.3 billion or 39 percent against 2017, Brand Finance estimated. The most valuable brand was military-owned mobile network Viettel at $2.8 billion last year, up 9 percent from…
A Singaporean shareholder in Vinamilk is seeking to increase its stake in Vietnam’s largest dairy firm. Jardine Cycle & Carriage Ltd has registered to buy 17.41 million shares between January 9 and February 7 through its wholly-owned local subsidiary,…
Forbes Vietnam has released its third annual list of the 40 most valuable brands in Vietnam, putting their total value at $8.1 billion. The value is 50 percent up from last year. Dairy giant Vinamilk and military-run telecom firm Viettel remain the top two as…
