Vinamilk headquarters in Ho Chi Minh City (Source: Vinamilk)
Hanoi (VNA) – Vietnam’s biggest dairy producer Vinamilk has topped the ForbesVietnam’s list of 50 largest listed companies for another year.
It is the seventhconsecutive year Vinamilk has dominated the rankings which honour firms listedon the HCM and Hanoi stock exchanges.
This year’s 50top listed firms together accounted for 63 percent of the market capitalisatonand recorded a combined post-tax profit of approximately 127.53 trillion VND(5.45 billion USD), a year-on-year increase of 19.2 percent.
Earlier thismonth, Vinamilk also won the top position in Forbes Vietnam’s top 50 brands in2019, with its brand value exceeding 2.2 billion USD.
Last month, thestate-owned dairy producer was the only Vietnamese company included in the top50 of the fourth annual Asia 300 Power Performers Ranking compiled by theNikkei Asian Review.
It was theonly Asian representative invited to join the 2019 Global Diary Congress inLisbon, Spain, to share experience in developing organic dairy products.
As of June 30,Vinamilk’s market capitalisation exceeded 214.2 trillion VND with compoundedannual growth rate (CAGR) from 2006 to 2018 reaching 57 percent. The firm’sannual revenue growth from 2013 – 2018 averaged 10.8 percent while the averageprofit growth was 9.3 percent.
In the firsthalf of this year, the group earned nearly 27.8 trillion VND in net revenue, up7.61 percent from the same period last year.-VNA
Vinamilk continued to top the list of 100 Best Places to work in Vietnam in 2018, according to a survey carried out by Anphabe, a career network of management professionals and market research firm in Vietnam.
The Vietnam Dairy Products Joint Stock Company (Vinamilk) debuted the Lao – Jagro Development Xiengkhouang Co.,Ltd (Lao – Jagro) and started construction of the first stage of an organic milch cow farming resort complex in the Lao province of Xiengkhouang on May 24.
The Vietnam Dairy Products Joint Stock Company (Vinamilk) has sent a document to the People’s Committee of Ha Tinh province, proposing to build a second dairy farming complex in the central locality.
Vietnam’s biggest dairy company Vinamilk said on August 2 that it is maintaining the leading position in Forbes Vietnam’s list of top 50 brands in 2019, with its brand value exceeding 2.2 billion USD.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
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As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Vinamilk headquarters in Ho Chi Minh City (Source: Vinamilk) 
