Vinamilk plans to import 1,200 milch cows from US in 2021
Vinamilk, the largest dairy producer in Vietnam, recently imported 500 dairy cows from the US, and plans to buy additional 1,100-1,200 cows in 2021 for its dairy cow farm in the central province of Quang Ngai to boost the domestic supply of raw milk.
Hanoi (VNA) – Vinamilk, the largest dairy producer in Vietnam,recently imported 500 dairy cows from the US, and plans to buy additional1,100-1,200 cows in 2021 for its dairy cow farm in the central province ofQuang Ngai to boost the domestic supply of raw milk.
Vinamilk splashed out some 700 billion VND (30.1 million USD) on the high-techfarm, which spans 100 hectares in Quang Ngai province and raises 4,000 milchcows.
The farm, the second largest farm of Vinamilk, will be inaugurated in Duc Hoacommune, Mo Duc district in March 2021.
Last year, Vinamilk inaugurated Vietnam’s largest dairy cow farm in Tay Ninhprovince. Invested at total cost of morethan 1.2 trillion VND, the farm covers 685 hectares in Long Khanh commune, BenCau district. With a herd of 8,000 cows, the farm provides 100,000 litres offresh milk per day, equivalent to 40 million litres of milk annually.
Vinamilk recorded over 45.27 trillion VND in revenue during January-September,up 7.4 percent year on year. Its post-tax profit surged 7 percent from the sametime last year to 8.96 trillion VND.
In 2020, the firm targets to gain 59.6 trillion VND in revenue and 10.69trillion VND in post-tax profit, up 6 percent and 1 percent as compared to the figures in 2019./.
Despite the impact of the COVID-19 pandemic, dairy producer Vinamilk’s total revenue and profit in the first half of 2020 still rose 3-7 percent on-year, CEO Mai Kieu Lien has said.
The Vietnam Dairy Products JSC (Vinamilk) recorded over 15.49 trillion VND (670.16 million USD) in consolidated net revenue between April and June, up 9.5 percent from the first quarter and 6.1 percent from a year earlier.
The Vietnam Dairy Products JSC (Vinamilk) is working on plans to expand its milch cow farms at home and abroad, said its Executive Director for Raw Materials Development Trinh Quoc Dung.
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Vinamilk's organic dairy cow farm (Photo: VNA) 
