Vinamilk – market leader in liquid milk segment

Vietnam Dairy Products Joint Stock Company (Vinamilk) has been the market leader in the domestic liquid milk segment in Vietnam after 47 years of development. The company has not only maintained its national brand for many consecutive years, but also gained a foothold on the map of the world dairy industry.
Vinamilk introduces its products at a fair in Guangzhou, China. (Photo: Vinamilk)
Vinamilk introduces its products at a fair in Guangzhou, China. (Photo: Vinamilk)

Vinamilk is now on the list of the Top 40 largest dairy companies globally in terms of revenue (according to Plimsoll Statistics, UK) and Brand Finance ranks it 6th among the Top 10 most valuable milk brands in the world with a brand value of 2.8 billion US dollars.

The company currently manages more than 50 units both at home and abroad, including 15 farms and 17 factories, 13 subsidiaries, joint ventures and associates. In Vietnam, the company has a system of factories and farms at the largest scale in the local dairy industry.

Vinamilk's farms are built in an environmentally friendly manner aligned with a sustainable business development strategy, namely Vinamilk eco-farms (Green Farm) in the provinces of Tay Ninh, Quang Ngai, Thanh Hoa and Vietnam's first European-standard organic farm in Da Lat.

Vinamilk is the first business with a Vinamilk Nghe An Dairy Factory and Vinamilk Nghe An Dairy Farm achieving carbon neutrality according to PAS2060:2014 standards.

Notably, Vietnam Vinamilk Dairy Factory, called a ‘mega factory’, is the most modern and largest one in Vietnam and in the region with a huge capacity of 800 million litres/year, pumping up the company’s total fluid milk production to 1.4 billion litres/year.

In 2023, Vinamilk announced its roadmap towards Net Zero and detailed action plans such as reducing greenhouse gas emissions by 15% by 2027, reducing and neutralizing emissions by 55% by 2035, and moving towards Net Zero by 2050, joining the Vietnamese government's pledge at the UN Climate Change Conference in Glasgow (COP26).

Vinamilk has established strategic cooperation with the world's leading nutrition groups, such as Chr. Hansen, DSM, Beneo and AKK to develop dairy products with international standards for domestic and foreign consumers.

Vinamilk’s dairy products are the first ones in Vietnam that were rated three stars in terms of taste at the Superior Taste Award after the voting of a jury panel of more than 200 professional taste experts of the Belgium-based International Taste Institute. At the World Dairy Innovation Awards 2023, Vinamilk’s Super Nut, a plant-based milk alternative, won the Best Dairy Alternative 2023 Award - one of the most competitive categories - with 10 nominations at the 16th Global Dairy Congress held in London from June 21-22.

Since its first exports in 1997, Vinamilk products have been researched and developed according to international standards, meeting the standards of many selective markets, namely the US, Canada, New Zealand, Japan, the Republic of Korea and Singapore.

NDO/VNA