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Vinamilk, Kido pull plug on beverage joint venture

Vinamilk, Kido pull plug on beverage joint venture

The Vibev Food & Beverage Joint Venture Company Ltd has announced its dissolution after just a year of doing business.
Vinamilk bags two int'l awards for sustainable development

Vinamilk bags two int'l awards for sustainable development

Dairy giant Vinamilk received the "CSR & ESG Leadership Award" and "Best Country Award for Overall CSR Excellence" at a recent global event on sustainable growth.
November 23, 2022 | 11:00 pm PT
Vinamilk shares experience in exploring powdered milk market

Vinamilk shares experience in exploring powdered milk market

Dielac powdered milk has changed the habit of Vietnamese consumers who used to prefer foreign goods by well addressing the nutritional needs of children.
November 4, 2022 | 07:30 pm PT
Vinamilk profits continue to fall

Vinamilk profits continue to fall

Vinamilk reported a 26-percent year-on-year fall in second-quarter profits to VND2.1 trillion (US$89.97 million), and blamed it on inflation driving demand down and costs up.
August 1, 2022 | 08:33 pm PT
Singapore utility to invest $540 mln in Vietnam renewable energy

Singapore utility to invest $540 mln in Vietnam renewable energy

SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) in sustainable energy in Vietnam.
May 12, 2022 | 07:00 pm PT
Agriculture companies, farmers in hot water over rising costs

Agriculture companies, farmers in hot water over rising costs

Many agriculture companies and farmers are facing losses amid surging input and operation costs.
May 6, 2022 | 12:42 am PT
Former National Assembly general secretary becomes Vinamilk chairman

Former National Assembly general secretary becomes Vinamilk chairman

Nguyen Hanh Phuc, the former National Assembly general secretary, has been appointed chairman of dairy giant Vinamilk until 2026.
April 26, 2022 | 07:47 pm PT
Former National Assembly general secretary to join Vinamilk board

Former National Assembly general secretary to join Vinamilk board

Nguyen Hanh Phuc, the former general secretary of the National Assembly, has been nominated as an independent director on the board of dairy giant Vinamilk.
April 19, 2022 | 06:35 pm PT
Vinamilk struggles to maintain dominance as competitors catch up

Vinamilk struggles to maintain dominance as competitors catch up

Dairy giant Vinamilk is struggling to claim a bigger share of the market as its growth potential diminishes in the face of stiff competition from fast growing rivals.
March 25, 2022 | 09:08 pm PT
Leading food producer KIDO seeks 33 pct rise in profits

Leading food producer KIDO seeks 33 pct rise in profits

KIDO, the leading producer of cooking oil and ice cream in Vietnam, expected to reap revenues and profits of VND14 trillion ($612 million) and VND900 billion this year, up 31 percent and 33 percent, respectively.
March 23, 2022 | 07:36 pm PT
Dairy firm IDP halves 2022 profit forecast on lower demand

Dairy firm IDP halves 2022 profit forecast on lower demand

International Dairy JSC has cut its 2022 profit forecast by half as a result of a sharp decline in demand for dairy products.
March 21, 2022 | 01:37 am PT
Vinamilk profits to decline for 2nd year in a row

Vinamilk profits to decline for 2nd year in a row

Vinamilk is set to see profits decline for a second straight year in 2022 due to rising costs of raw materials and transportation.
March 20, 2022 | 09:20 pm PT
Vinamilk ramps up R&D to win big globally

Vinamilk ramps up R&D to win big globally

The Vietnam Dairy Products JSC is stepping up R&D to create innovative products enriched with local flavors to satisfy the diverse range of global tastes.
September 12, 2021 | 11:00 pm PT
Confectionary maker KIDO delays new product launches over Covid-19

Confectionary maker KIDO delays new product launches over Covid-19

The launch of new products of a joint venture involving Vietnamese confectionery maker KIDO Group will be deferred to Q3.
June 22, 2021 | 06:16 pm PT
Vinamilk leaps six notches in Top 50 global dairy companies

Vinamilk leaps six notches in Top 50 global dairy companies

Vinamilk has climbed six ranks to 36th in the top 50 world dairy producers with the highest turnovers, according to Plimsoll, a British financial analysis agency.
May 5, 2021 | 06:00 pm PT
Dairy giant to remain cautious until herd immunity

Dairy giant to remain cautious until herd immunity

Vinamilk will sketch out a "sideways" profit plan because Vietnam's situation will brighten up only when herd immunity is achieved, says the dairy giant’s CEO Mai Kieu Lien.
April 29, 2021 | 12:00 am PT
No more M&A deals for Vinamilk: chairwoman

No more M&A deals for Vinamilk: chairwoman

After approving a merger of subsidiaries, dairy giant Vinamilk said it will not engage in any merger and acquisition deal for the next 5-10 years.
March 19, 2021 | 06:30 pm PT
Kido, Vinamilk pour $17.5 mln into new beverage venture

Kido, Vinamilk pour $17.5 mln into new beverage venture

Packaged food producer Kido and dairy giant Vinamilk will invest VND400 billion ($17.49 million) in a new beverage company that targets an increased domestic market share.
February 6, 2021 | 11:47 pm PT
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