Vinamilk eyes strong growth in Bangladesh

January 30, 2017 | 12:11

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Vinamilk, Viet Nam’s largest milk producer, is intensifying efforts to expand its market share in Bangladesh.

Vinamilk introduced its products such as powdered milk, nutritious powder, yoghurt and fruit juices to Bangladeshi consumers in Dhaka in January. - Photo enternews.vn

Early in January, at an international trade fair in Dhaka, Bangladesh’s capital city, Vinamilk introduced its products such as powdered milk, nutritious powder, yoghurt and fruit juices to Bangladeshi consumers.

The company formed a strategic cooperation relationship with Bangladeshi distributor Bigbiz to speed up the company’s expansion in the South Asian country.

Bangladesh, with a population of 170 million and stable economic growth, has potential for consumer industries, including the milk industry.

Local producers’ limitations have prevented Bangladeshi people from accessing high-quality milk products, and Vinamilk, as a milk exporter with 18 years of export experience, believes it can fill that demand.

Vinamilk and its partner Bigbiz will focus on distributing powdered milk, liquid milk and yogurt in Bangladesh. The aim is to become a major player in the market soon.

Vinamilk, which began operations 40 years ago, is the largest milk company in Viet Nam and is striving for earn US$3 billion in revenue to enter the world’s top 50 milk companies.

VNS

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