Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Monday, October 04 2021 - 16:50
AsiaNet
Vinamilk in World's Top 10 Most Valuable Dairy Brands, Joining Industry Aces in Multiple Categories
HO CHI MINH CITY, Vietnam, Sept. 28, 2021 /PRNewswire-AsiaNet/ --

Vietnam Dairy Products Joint Stock Company(https://www.vinamilk.com.vn/en/) 
(Vinamilk) has become one of the world's Most Valuable Dairy Brands with a 
brand value of US$ 2.4 billion according to the 2021 Brand Finance report. The 
company also ranked among top positions in three other global food and beverage 
rankings this year.

Brand Finance is the leading UK-based independent brand valuation and strategy 
consultancy. Each year, it evaluates 5,000 of the biggest global brands across 
23 sectors and rates them based on various criteria. 

This year, Vinamilk is ASEAN's sole representative that secured high positions 
in four Brand Finance rankings, including the world's most valuable dairy 
brands, the dairy brands with the most potential, and the strongest and most 
valuable food brand rankings. 

The result highlights Vinamilk's growth potential and resilience amid 
challenges during the COVID-19 pandemic including the disruption of the global 
supply chain, drop in product demands, and altered consumption habits. 

The company has also recently been placed 36th in the Plimsoll's 2021 Top 50 
global dairy 
producers(https://en.prnasia.com/releases/apac/vinamilk-jumps-six-notches-among-
global-top-50-leading-dairy-companies-318945.shtml#:~:text=With%20revenue%20of%2
0%242.6%20billion,dairy%20producers%20by%20total%20sales.) by sales revenue, 
becoming the only Southeast Asian company on the prestigious list. 

"After 45 years of continuous development, Vinamilk has reached a remarkable 
position in the global rankings in terms of revenue and brand value. These 
accomplishments are a testament to our achievements and greatly reinforce our 
commitment to strive even harder, creating the most nutritious products for 
both domestic and international consumers and bringing Vietnamese dairy brand 
further in the global market," said Ms. Mai Kieu Lien, CEO of Vinamilk.

In addition to maintaining stable production and business, Vinamilk actively 
carries out community campaigns to promote healthy lifestyle and has stepped up 
in the fight against COVID-19. Vinamilk supported the country and the 
international community with financial funding, vaccine donations and more than 
6 million products valued at an estimated US$ 4.2 million.

Vinamilk sustains growth momentum amid the pandemic

Vinamilk currently has 16 factories, 13 dairy farms worldwide and one 
large-scale dairy complex project in Laos which supplies more than 250 product 
SKUs. Amid the pandemic, Vinamilk has continued to maintain stable operation 
with notable growth in export volume. In the first half of 2021, the company's 
export value was estimated at US$ 121.5 million, boasting the double-digit 
growth rate of 13.1% compared to 2020. 

In addition to expanding international reach and become one of the world's Top 
30 leading dairy companies regarding sales revenue, Vinamilk constantly 
embraces international cooperation to raise its production capability both 
domestically and abroad. 

Vinamilk has subsidiaries and joint ventures in the United States, New Zealand, 
Laos, Cambodia, and most recently in the Philippines through a joint venture 
with Del Monte – Philippines's leading manufacturer and distributor of F&B 
products. In 2021, the company sets revenue target of US$ 2.7 billion, increase 
4.1% year on year.

About VINAMILK

Established in 1976, Vinamilk is the leading nutrition company in Vietnam, 
serving customers in 56 countries. With the mission of becoming an 
international brand in food and beverages sector and a trusted brand for 
consumers in nutritional and health products, Vinamilk is committed to 
providing high quality products with respect, love and responsibility for life 
and the community.

SOURCE: Vinamilk

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402118

   Caption: Vinamilk is listed among the top in 4 global Brand Finance rankings

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402120

   Caption: Vinamilk continues to invest in its international standard farms to 
ensure the quality of raw milk used in producing domestic and export products

   Link: https://iop.asianetnews.net/view-attachment?attach-id=402121

   Caption: Vinamilk's state-of-the-art factory

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