The Vietnam Dairy Company, or Vinamilk, is planning the construction of a US$15.7m dairy processing plant to be situated in the central province of Nghe An.
Vinamilk is Vietnam’s largest milk processor with a domestic market share of between 75% and 90%.
In a bid to increase production, the firm plans to raise more cows to ensure a stable annual output of 82,000 tonnes of fresh milk, 17% more than in 2002.
The company is also looking at expanding its export market, reported Asia Pulse.
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By GlobalData