A factory of the Vietnam Dairy Products JSC (Vinamilk) has been allowed by China’s General Administration of Customs (GAC) to export its sweetened condensed milk and other condensed milk products to the country, according to the Vietnamese Ministry of Industry and Trade.
Hanoi (VNA) – A factory of the Vietnam Dairy ProductsJSC (Vinamilk) has been allowed by China’s General Administration of Customs(GAC) to export its sweetened condensed milk and other condensed milk productsto the country, according to the Vietnamese Ministry of Industry andTrade.
Vinamilk is the second Vietnamese dairy producer eligible forexport to China, after TH Milk JSC whose sterilized and modified milk productshave been put on Chinese shelves since October last year.
Vinamilk is running 12 farmsacross the country, including two under European organic standards and 10 meetingGlobalGAP standards.
The GAC said that it is weighing export documents of otherVietnamese dairy companies. With a population of more than 1.4 billion, Chinahas a huge demand for milk and dairy products. China consumes the most milk inthe world, with a total value of 60 billion USD.
Vietnam targets a rise from 120 million USD to300 million USD in dairy export revenue to China in 2020.
Chairman of the Vietnam DairyAssociation Tran Quang Trung said the domestic dairy industry has achieved goodgrowth in recent years. Many large enterprises such as Vinamilk, THTrue Milk, Moc Chau Cow JSC and Nestlé Vietnam have increased their marketshares through developing new products./.
The Vietnam Dairy Products JSC (Vinamilk) signed a dairy export contract worth 20 million USD at Gulfood, one of the world’s largest exhibitions, in Dubai from February 16-20.
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Illustrative image (Source: baodautu.vn) 
