June 22, 2012

Vinamilk invests in development of dairy farms

Vietnamese milk producer, Vinamilk, will invest about US$33.5 million for the development of five modern dairy farms in the local provinces of Tuyen Quang, Thanh Hoa, Nghe An, Binh Dinh, and Lam Dong.

Under a five-year plan, Vinamilk, which will have 9,500 cows by the end of 2012, will increase the herd size to 28,000 by 2016. Vinamilk buys some 450 tonnes of fresh milk from farmers every day and provides technical support for them to improve health and milking capacity of the cows.

The company plans to increase its milk purchase to nearly 600 tonnes by 2016. That will meet 50% of its fresh milk required for processing.