Dairy industry poised to capitalise on trade shake-up

Dairy industry poised to capitalise on trade shake-up

The ongoing pandemic has spurred a surge of activities for Vietnam’s dairy companies, with dealmaking perking up and the EU-Vietnam Free Trade Agreement representing a vote of confidence for the segment to thrive.
Arisaig Asia Consumer Fund to soon divest from Vinamilk

Arisaig Asia Consumer Fund to soon divest from Vinamilk

Foreseeing the saturation of the local dairy market, Arisaig Asia Consumer Fund will fully divest Vinamilk after more than a decade of investment.
GTNFoods buys 29.5 million Moc Chau Milk shares

GTNFoods buys 29.5 million Moc Chau Milk shares

GTNFoods, an arm of milk giant Vinamilk, will buy four-fifths of the shares Moc Chau Milk is putting on sale for strategic investors.
Arisaig Partner divests Vinamilk to invest in Sabeco and MWG

Arisaig Partner divests Vinamilk to invest in Sabeco and MWG

Arisaig Partner divorces Vinamilk after more than ten years in order to invest in Sabeco and MWG.
Top 10 most valuable brands worth 8.1 billion USD

Top 10 most valuable brands worth 8.1 billion USD

The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.
Another factory licensed to export milk to China

Another factory licensed to export milk to China

Another Vietnamese factory has been granted with a transaction code to export dairy products to China, according to the Asia-Africa Market Department under the Ministry of Industry and Trade.
Blue Point looking to buy 90 per cent stake in IDP

Blue Point looking to buy 90 per cent stake in IDP

The shareholders of IDP, one of Vietnam’s home-grown dairy products firms, approved Blue Point to buy 90 per cent of the stakes without a public bid.
Vinamilk plans to accelerate Hi-Café chain

Vinamilk plans to accelerate Hi-Café chain

Vinamilk plans the opening of further Hi-Café stores this year, unimpressed by the recent downsizing of the Soya Garden chain, one of its competitors.
KDC resurrects its Vietnamese snack segment in the third quarter of 2020

KDC resurrects its Vietnamese snack segment in the third quarter of 2020

After five years of selling its snack business to Mondelez, KDC is making its comeback and resurrects its snack business under the KIDO brand this year, rolling out its first moon cakes in the third quarter of 2020.
Joint venture formed by major beverage groups Vinamilk and Kido

Joint venture formed by major beverage groups Vinamilk and Kido

Kido Frozen Foods JSC (Kido) and Vietnam Dairy Products JSC (Vinamilk) formed the beverage and ice cream joint venture Vibev.
Hanoimilk to be delisted from HNX in June

Hanoimilk to be delisted from HNX in June

Local once-iconic milk producer Hanoimilk (HNM: HNM) will be delisted from the Hanoi Stock Exchange in June due to the prolonged feeble performance.
GTNFoods still in red after massively profitable first quarter

GTNFoods still in red after massively profitable first quarter

Despite a 2.3-fold rise in after-tax profit in the first quarter, GTNFoods (code: GTN) has still lost VND195 billion ($8.5 million) in accumulated profit.
Vinamilk lowering 2020 revenue expectations

Vinamilk lowering 2020 revenue expectations

The Board of Management at Vinamilk – the largest dairy firm in Vietnam – is readjusting its expectations for revenue growth for 2020.
F&N snaps up six million Vinamilk shares after numerous failed attempts

F&N snaps up six million Vinamilk shares after numerous failed attempts

F&N Dairy Investment has purchased six million shares of Vinamilk, raising its ownership to 17.65 per cent.
VN stocks dragged down by real estate firms

VN stocks dragged down by real estate firms

Vietnamese shares declined on Monday morning, dragged by real estate companies.
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