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.