Vietnam’s Vinamilk moves to beef up dairy dominance

Move signals the intention of Vietnam's largest producer to milk the burgeoning demand for dairy products in the emerging economy.

Vietnam’s Vinamilk moves to beef up dairy dominance

Vietnam’s biggest producer of dairy goods aims to beef-up its domestic market dominance by snapping up a significant stake in a major competitor which also ploughs a sizeable furrow in the wider agricultural sector.

Dairy industry giant Vinamilk has offered to acquire a 47% stake in GTNFoods JSC which, at present, owns 51% of Moc Chau Milk JSC and two other state-run agricultural companies, according to a filing with the Ho Chi Minh Stock...

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