Vinamilk enjoys thriving start in Gulfood 2016

Wednesday, 2016-02-24 11:51:36
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A milk production line of Vinamilk (Photo: VNA)
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 NDO/ VNA – Vinamilk, Vietnam’s largest dairy company, signed a contract to export powered milk for infants, worth US$12.5 million, while attending Gulfood 2016 held at the Dubai World Trade Centre in the United Arab Emirates from February 21-25.

Vinamilk has attended Gulfood – the world’s largest annual food and hospitality show – since 2013.

Bringing its key products, such as powered and condensed milk to Gulfood 2016, the company aims to promote its image to the Middle East and African markets.

It also considers the event a good opportunity to meet foreign consumers, and seek potential partners.

During 2010-2015, Vinamilk saw an average sales growth of 38% in the Middle East.

The company currently ships its products to 42 foreign markets.

It owns 13 plants across Vietnam and has invested in New Zealand, the US, Cambodia and Poland to increase its global market share.

Its turnover reached over VND 40 trillion (US$1.8 billion) in 2015, up 15% year-on-year.