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Danone Vietnam, a subsidiary of French Danone, the owner of Dumex brand, would decide to gradually withdraw by 2017, it has raised doubts that the Vietnamese dairy market is no longer attractive? What is happening with Vietnam’s dairy industry?
The Vietnamese infant formula sector is developing rapidly. Rising incomes, urbanisation and an increasing number of women in the workplace are all acting as fuel for expansion. Actually, the Vietnamese infant formula sector is highly competitive. Data from Euromonitor International reveals that Dumex is the tenth largest infant formula brand in Vietnam.
However, the local players are stiff competition for more up-scale international brands. In particular, they will continue to benefit from a government-imposed price ceiling until the end of 2016 and ongoing restrictions on marketing. This has to date limited the growth experienced by premium international brands in the country.
As the international dairy brand, do you also encountered such problems, in September 10-12, Singapore, 3rd Global Dairy Congress & Exhibition Asia 2017, provide some sessions to invite 250+ Asia Leading dairy industry players to talk about it.
Learning Vietnam Dairy Programs to Capture Growth
♦ Anticipating Vietnam Dairy Markets’ Prospect in the next 5 years: Development Plans to 2020
♦ Gaining an insight on growth opportunities lies behind the program
♦ Current and Future Demands for Cows, Animal Feeds, Cow Housing & Dairy Farming & Dairy Processing Equipments, and Dairy Products in China, Vietnam & Indonesia
♦ Opportunities for Collaboration, Benchmarking and Investment
Updates on Asian Dairy Consumption Trends
Consumer-centered Dairy Products Focus
Premium Dairy Products Innovation
>>See the conference Details, please click 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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