Vietnam’s largest dairy firm Vinamilk has got the green-light to officially export its milk products to China, the company told Xinhua on Wednesday [17 May 2017]. “During the president’s Chinese visit, we signed a Memorandum of Understanding with Chinese firms to supply the products in the neighboring market,” Vinamilk’s spokesperson said…Full Article: ECNS.cn May 2017

Key Point

  • In 2016, Vinamilk (Vietnam’s largest dairy) had an export turnover of USD 258 million.

ChinaAg Comments

  • Founded in 1976 and headquartered in Ho Chi Minh City, Vietnam, Vinamilk is a dairy company whose product line includes milk, powdered milk, yogurt, ice cream, cheese, soy milk, and condensed milk. In 1995, the company opened its first dairy factory in Hanoi. As July 2015, Vinamilk had a 22.8% stake in New Zealand’s Miraka Dairy.

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