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