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Do you know Vietnam has been doing dairy overseas expansion?
Vietnamese dairy group TH True Milk will invest a further $1.7 billion in establishing a dairy operation in eastern Russia. The investment will help the company to meet demand in China and Japan for organic dairy products,
Vinamilk, the leading Vietnam dairy processor, has bought all of the remaining shares of Cambodian milk producer Angkor Dairy Products Co. Limited (Angkormilk). In January, entered into a strategic relationship with Bangladeshi distributor Bigbiz to introduce its products to Bangladesh, and it is also eyeing markets in Thailand and Myanmar. Meanwhile, Vinamilk has invested in the New Zealand-based Miraka(23.8%) factory, and in the US, it owns a 100%stake in a 100% stake in Driftwood Dairy Factory-the largest dairy supplier in Los Angeles, California, the company has also invested in Poland, Which it says is the gateway to access the European market.
Actually, in 2016, the dairy production in Vietnam is 795000 tons, However, the demand of 60-65% Powdered milk and 90% Cheese was met by overseas brand. Is there some opportunity and challenge for you?
In September 10-12, Singapore,3rd Global Dairy Congress & Exhibition Asia 2017 sets the special topic to talk about Vietnam and China market prospect, challenges, cooperation and investment in next 5 years with 100+ leading dairy processor, 250+ dairy Industry attendees from Asia 10 countries China, Vietnam, Thailand, Indonesia, Malaysia, India, Japan, Singapore, Philipines and Myanmar.
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$400 Early Bird Discount before Apr 15th, 2017, Get your Discount here.
Jane Wong | Organizing Committee of Global Series Dairy Congress | SZ&W Group
2nd Global Dairy Congress MEA 2017, Cairo,Egypt, July 4-5
3rd Global Dairy Congress&Exhibition Asia 2017, Singapore, Sept 10-12
Global Dairy Congress Russia 2017, Moscow,Nov
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