Vinamilk

Vinamilk

Infobox Company
company_name = Vietnam Dairy Products Joint Stock Company (Vinamilk)
company_
company_type = state-owned company
foundation = 1976
location_city = flagicon|Vietnam Ho Chi Minh City
key_people = Mai Kieu Lien General Director
location_country = Vietnam
area_served = Vietnam, Iraq
industry = Dairy products
homepage = [http://www.vinamilk.com.vn/ www.vinamilk.com.vn]
slogan = "International quality, Vinamilk quality"
services = Dairy products, general clinic, beer, juice, investing
revenue = 3.735 bil VND
operating_income = 627 bil VND

Vinamilk is the biggest dairy company in Vietnam. Based on the [http://www.undp.org.vn/undpLive/digitalAssets/7884_Top200_e.pdf UNDP 2007 report] , it is also the 15th largest company in Vietnam.

Established in 1976, Vietnam Dairy Products Joint Stock Company (VINAMILK) has since grown strongly and become the leading business of the milk processing industry, now occupying 75% of the milk market share in Vietnam. In addition to strong domestic distribution with a network of 183 agencies throughout all 64 of 64 provinces. Vinamilk products are also exported to Iraq. In most western countries it does not meet the local hygiene standards and is therefore not allowed to be imported. VINAMILK is a state owned company so that in Vietnam no competition to VINAMILK exists. This monopol situation enables VINAMILK to very high profits based on a high pricing of their products in the locla market.

Factories

*Thong Nhat Dairy Factory
*Truong Tho Dairy Factory
*Dielac Dairy Factory
*Saigon Milk Dairy Factory
*Hanoi Dairy Factory
*Can Tho Dairy Factory
*Nghe An Dairy Factory
*Binh Dinh Dairy Factory

Also several joint ventures, such as the $45 million-dollar venture with SABMiller PLC to build a brewery in the Binh Duong province.

Awards and achievements

*Hero of Socialist Labor of Vietnam
*Order of Independence Third Class
*Order of Labour of Vietnam First, Second, and Third Class
*Voted best Vietnamese product from 1996 to 2005

External links

* [http://www.vinamilk.com.vn/ Vinamilk]


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