14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Vietnam

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

  • K
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:
Share:
Trending
Most Viewed
Vietnam breaks ground on first semiconductor chip plant in Hanoi

Vietnam breaks ground on first semiconductor chip plant in Hanoi

The facility will provide semiconductor products for high-value industries including aerospace, telecommunications, the Internet of Things (IoT), automotive manufacturing, medical devices and industrial automation.

16 Jan, 11:17 PM
Photo book collection captures Vietnam’s journey through renewal, identity and happiness

Photo book collection captures Vietnam’s journey through renewal, identity and happiness

The book invites readers to discover Vietnam as a layered and living tapestry, shaped by ordinary moments that reveal quiet beauty, social harmony and human warmth.

16 Jan, 10:20 PM
Exhibitions trace Party history and President Ho Chi Minh's legacy 

Exhibitions trace Party history and President Ho Chi Minh's legacy 

A series of exhibitions in Hanoi is bringing together rare documents, images and artefacts to trace the revolutionary path of Vietnam, honoring the leadership of the Communist Party of Vietnam and the enduring legacy of President Ho Chi Minh.

16 Jan, 10:06 PM
Prime Minister sets vision for a humane ASEAN digital future

Prime Minister sets vision for a humane ASEAN digital future

Vietnam is hosting a series of ASEAN digital cooperation meetings and activities from January 12 to 16, aimed at reviewing the implementation of ASEAN digital frameworks and shaping future priorities to build a safe, trusted, inclusive and resilient ASEAN digital space.

15 Jan, 10:52 PM
Vietnam resilience will drive nation to new successes: Deputy Prime Minister

Vietnam resilience will drive nation to new successes: Deputy Prime Minister

The 13th Party Congress term began with unprecedented challenges that tested the resolve of the Party, the State and the people, yet it also created the conditions for Vietnam to move confidently into a new stage of development.

15 Jan, 04:56 PM
Net-zero emissions by 2050: Vietnam’s action-driven commitment

Net-zero emissions by 2050: Vietnam’s action-driven commitment

15 Jan, 10:34 AM
Digital transformation opens new livelihoods for Vietnam’s ethnic minority women

Digital transformation opens new livelihoods for Vietnam’s ethnic minority women

Today in the Muong Hoa Valley, women who once sold goods along tourist roadsides are now driving a livelihood model that blends tradition with innovation, turning cultural heritage into income and joining Vietnam’s digital transformation.

15 Jan, 10:27 AM
14th Party Congress ushers Vietnam into new era of transformation

14th Party Congress ushers Vietnam into new era of transformation

Vietnam is preparing for a landmark Party Congress that leaders say will define the country’s strategic direction as it enters a new phase of development amid global uncertainty.

14 Jan, 11:44 PM