Vinamilk in World's Top 10 Most Valuable Dairy Brands, Joining Industry Aces in Multiple Categories

Vinamilk

PR91935

 

HO CHI MINH CITY, Vietnam, Sept. 28, 2021 /PRNewswire=KYODO JBN/ --

 

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: http://asianetnews.net/view-attachment?attach-id=402118

 

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

 

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

 

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

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