Viet Nam Dairy Products Joint Stock Company, or Vinamilk, announced that
it has received the approval to invest an additional sum of US$3
million in Driftwood Dairy Holding in California.
The Viet Nam Dairy Products Joint-Stock Co. (Vinamilk) will focus on
exploiting Middle East, Africa, Cuba and US markets as its primary
export strategy for the next three years.
The Viet Nam Dairy Products Joint Stock Co. (Vinamilk) has received a
license to purchase a 70 per cent stake of Driftwood Co. in California,
at a cost of US$7 million.
Viet Nam Dairy Products Joint-Stock Company (Vinamilk) hopes to buy about 70 per cent of the American company Driftwood Dairy a representative of the company told Biz Hub today.
