Vinamilk
Encyclopedia
Vinamilk is the biggest dairy
company in Vietnam
. Based on the UNDP 2007 Top 200 largest firms in Vietnam report, it is also the 15th largest company in Vietnam. In 2010, it is the first company in Vietnam to be included in the Forbes Asia's 200 Best Under A Billion list that highlights 200 top-performing small- and mid-sized companies with annual revenue under US$1 billion.
Established in 1976 as the Southern Coffee-Dairy Company, then renamed to United Enterprises of Milk Coffee Cookies and Candies I in 1978 and finally Vietnam Dairy Company was formally established in 1993. In 2003, follows its IPO to the Ho Chi Minh Stock Exchange, the company legally change its name to Vietnam Dairy Products Joint Stock Company (VINAMILK). The principal activities of the Vinamilk are produce and distribute condensed milk, powdered milk, fresh milk, soya milk, yogurts, ice-cream, cheese, fruit juice, coffee and other products derived from milk.
Vinamilk products such as powdered milk and condensed milk are also exported to the Middle East, Cambodia, the Philippines and Australia. VINAMILK is a state owned enterprise in which the government owns about 47.6% of the shares and the rest of the shares are currently active trading at the Ho Chi Minh Stock Exchange. Vinamilk's main competitors are Dutch Lady Vietnam, a division of Friesland Foods
, Nestlé
Vietnam, Abbott, Mead Johnson, Friso and Nutifood.
Dairy
A dairy is a business enterprise established for the harvesting of animal milk—mostly from cows or goats, but also from buffalo, sheep, horses or camels —for human consumption. A dairy is typically located on a dedicated dairy farm or section of a multi-purpose farm that is concerned...
company in Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
. Based on the UNDP 2007 Top 200 largest firms in Vietnam report, it is also the 15th largest company in Vietnam. In 2010, it is the first company in Vietnam to be included in the Forbes Asia's 200 Best Under A Billion list that highlights 200 top-performing small- and mid-sized companies with annual revenue under US$1 billion.
Established in 1976 as the Southern Coffee-Dairy Company, then renamed to United Enterprises of Milk Coffee Cookies and Candies I in 1978 and finally Vietnam Dairy Company was formally established in 1993. In 2003, follows its IPO to the Ho Chi Minh Stock Exchange, the company legally change its name to Vietnam Dairy Products Joint Stock Company (VINAMILK). The principal activities of the Vinamilk are produce and distribute condensed milk, powdered milk, fresh milk, soya milk, yogurts, ice-cream, cheese, fruit juice, coffee and other products derived from milk.
Vinamilk products such as powdered milk and condensed milk are also exported to the Middle East, Cambodia, the Philippines and Australia. VINAMILK is a state owned enterprise in which the government owns about 47.6% of the shares and the rest of the shares are currently active trading at the Ho Chi Minh Stock Exchange. Vinamilk's main competitors are Dutch Lady Vietnam, a division of Friesland Foods
Friesland Foods
Royal Friesland Foods is a Netherlands-based multinational cooperative that develops, produces and sells branded dairy products and fruit-based drinks. Royal Friesland Foods has a strong presence in Western Europe, Central Europe, West Africa and Southeast Asia.In 2008, Friesland Foods merged with...
, Nestlé
Nestlé
Nestlé S.A. is the world's largest food and nutrition company. Founded and headquartered in Vevey, Switzerland, Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company, established in 1867 by brothers George Page and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri...
Vietnam, Abbott, Mead Johnson, Friso and Nutifood.
Factories
- Thong NhatThong NhatThong Nhat is a district of Dong Nai Province in the Southeast region of Vietnam.As of 2003 the district had a population of 146,112. The district covers an area of 247 km². The district capital lies at Gia Kiem.-References:...
Dairy Factory - Truong Tho Dairy Factory
- Dielac Dairy Factory
- Saigon Milk Dairy Factory
- HanoiHanoiHanoi , is the capital of Vietnam and the country's second largest city. Its population in 2009 was estimated at 2.6 million for urban districts, 6.5 million for the metropolitan jurisdiction. From 1010 until 1802, it was the most important political centre of Vietnam...
Dairy Factory - Can Tho Dairy Factory
- Nghe An Dairy Factory
- Binh Dinh Dairy Factory
Awards and achievements
- 1985 - Labour Medal of Third Ranking.
- 1991 - Labour Medal of Second Ranking.
- 1996 - Labour Medal of First Ranking.
- 2000 - Hero of Socialist Labor of Vietnam.
- 2001 - Labour Medal of Third Ranking.
- 2005 - Independence Medal of Third Ranking.
- 2005 - Labour Medal of Third Ranking.
- 2006 - “Supreme Cup” from Intellectual Property Association and Association of Small & Medium Enterprises, Vietnam.
- 1995-2007 - Saigon Marketing Newspaper Readers' Choice Awards.
- Top 15 enterprise in Vietnam (UNDP 2007)
- Forbes Asia’s 2010 Best Enterprise Top 200 for SMEs in Asia.
- Nielsen Singapore 2010 Top 10 Favorite Bands in Vietnam
- Top 5 largest private companies in Vietnam (VNR500 2010)