14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Country's largest dairy producer builds two robot-operated factories

Oct 31, 2012 / 12:07 PM

Vinamilk, Vietnam's largest dairy producer and on the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

The Hanoitimes - Vinamilk, Vietnam's largest dairy producer and on the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

Vinamilk said that as it is striving to become one of amongst the top 50 largest dairy enterprises in the world with turnover of 3 billion USD in 2017, the company must construct factories whose operations are hi-tech. Currently Vinamilk is standing at 53rd position in the globe.

The total investment for the milk processing factory will be around 4 trillion USD (nearly $200 million). In the first phase, the factory will produce 400 million litres of milk in a year and in the second phase it will produce 800 million litres.

The second factory will make formula Dielac, producing 54,000 tons a year.

According to Vinamilk, the company revenues in the first nine months stood at 21 trillion VND ($1 billion) a 25 percent year-on-year increase. Profits before tax were 4 trillion VND, a 35 percent year-on-year increase. In 2012, it is estimated that Vinamilk’s turnover will be around 26,500 billion VND.

In 2010, Vinamilk also received the Forbes Asia 2010 Best Enterprise Award among Top 200 Best Enterprises in Asia, while its CEO and chairwoman, Mai Kieu Lien, was among the 50 path-breakers on the list of Asia's 50 Most Powerful Businesswomen. Two months later she also appeared on the list of best CEO’s in Asia as compiled by the Hong Kong-based Corporate Governance Asia Journal.

In related news, the food processing company VISSAN opened its 98th convenience food store in the country, as part of its strategy to expand in the domestic market.

Reactions:

Rất hay

Thích

Giải trí

Cần cải thiện

Trending

Young generation steps up to power climate action

As climate risks intensify across Southeast Asia, young people are being called upon to move from awareness to action, harnessing technology, creativity and policy engagement to accelerate environmental solutions.

26 Feb, 06:32 PM

Hanoi positions itself at forefront of implementing key Party resolutions

The three resolutions on education, healthcare reform and cultural development are closely interconnected and mutually reinforcing, all directed toward building a capital that is cultured, civilized, modern and happy.

25 Feb, 03:48 PM

Party Chief urges stronger state economy and cultural drive

Developing the state economy and Vietnamese culture forms the twin pillars of a unified development strategy, one strengthening material capacity, the other reinforcing cultural and social resilience.

25 Feb, 03:19 PM

Putting people first: Making happiness Hanoi’s measure of success

A central message of the 14th National Party Congress and the 18th Congress of the Hanoi Party Organization (2025-2030) is that people’s happiness must be at the core of development. All policies be grounded in citizens’ legitimate rights and interests, with public satisfaction serving as the ultimate measure of success.

24 Feb, 11:34 AM

Country's largest dairy producer builds two robot-operated factories

Vinamilk, Vietnam's largest dairy producer and on the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

The Hanoitimes - Vinamilk, Vietnam's largest dairy producer and on the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

Young generation steps up to power climate action

Hanoi positions itself at forefront of implementing key Party resolutions

Party Chief urges stronger state economy and cultural drive

Putting people first: Making happiness Hanoi’s measure of success

The flavors of Vietnamese Tet linger around the world

Vietnam pledges to enhance tax reforms after EU listing decision

Tet at the mission: Peach blossoms bloom in Africa

Planting a tree means planting hope for the future: General Secretary To Lam

Country's largest dairy producer builds two robot-operated factories

Vinamilk, Vietnam's largest dairy producer and o&shy;n the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

The Hanoitimes - Vinamilk, Vietnam's largest dairy producer and o­n the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

Vinamilk, Vietnam's largest dairy producer and on the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.

The Hanoitimes - Vinamilk, Vietnam's largest dairy producer and on the waiting list to becoming Asia’s 50 best public traded companies in the Asia-Pacific region, is building two dairy processing factories in the southern province of Binh Duong which will be operated by robots.