New Vietnamese Plant to Address Growing Milk Market02 August 2013
VIET NAM – Leading dairy processor Vinamilk has unveiled expansion plans to increase domestic industry presence in a bid to keep up with rising demand and imports.
A new dairy foods plant will address self sufficiency fears and the current dependence on buying overseas products from countries such as Chile.
Last year, dairy imports to Viet Nam increased 12.8 per cent, grossing €436 million. Consumption levels were at 15 litres per head for 2012, up from three in the mid 1990’s, according to the Central Statistics Office.
Completion is expected this month after a two stage building process.
Stage one promises a 1.2 million litres a day plant and stage two will see capacity doubling to 2.4 million litres daily.
TheCattleSite News Desk