Vinamilk exports $3.3 trillion dairy products

Friday, Oct 11, 2013 16:59

Between 2008 and 2012, the export growth rate of Vinamilk reaches 62 per cent. — VNS Photo

HCM CITY (Biz Hub) – The Viet Nam Dairy Products Joint Stock Company (Vinamilk) exported US$3.354 trillion dairy products in the first nine months of the year.

Vinamilk has signed export contracts for a whole year with a total value of $230 million.

Between 2008 and 2012, the export growth rate of Vinamilk reached 62 per cent.

Currently, Vinamilk has exported powdered milk, nutrition powder, condensed milk, fresh milk, soybean milk and yogurt to 26 countries, including the US, Australia, Canada, Russia, Japan, Thailand, Korea, Turkey, Iraq, Korea and the Middle East.

To produce higher quality products, Vinamilk has invested in renovating modern production chains from Sweden, the US, Denmark, Netherlands, France, Switzerland and Germany.

In the coming time, the company will invest in three new farms in Tay Ninh (10,000 cows), Ha Tinh (3,000 cows) and Thanh Hoa (20,000 cows).

Vinamilk has also bought 460 tonnes of raw milk from 5,000 local households that own 65,000 cows.

The company has purchased more than 60 per cent of its raw materials from farmers in Viet Nam. –VNS

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