Recent falls of raw milk prices and increases in product prices in the first half of the year are likely to help the companies to improve their gross profit margin in the rest of the year.
The Asia-Africa Market Department (Ministry of Industry and Trade) announced that the General Administration of Customs of China would continue issuing transaction codes allowing one Vietnamese company and one factory to export dairy products to the Chinese market.
The Ministry of Finance has asked dairy producers and traders in Viet
Nam to reduce production and trading costs to lower the retail price of
milk products.
The Ministry of Finance''s Price Management Department has required six
dairy producers to report on their retail milk prices for products aimed
at children aged under 6 years old.