December 31, 2012

Vinamilk now member of Asian Corporate Governance Association

Vietnam's dairy firm, Vinamilk, has become the first Vietnamese member of the Asian Corporate Governance Association.

A Vinamilk spokesperson said being on the 94-member of the Hong Kong-based ACGA would provide a great opportunity for the firm to promote its growth in Asia and the world.

With 11 factories in Vietnam and one in New Zealand, Vinamilk exports products to 23 countries, including the US, Australia, Canada, Russia, Japan, Thailand, and the Philippines.

The firm targets total revenues of US$1.3 billion this year, a 30% rise from last year.

ACGA, founded in 1999, is an independent, non-profit organisation whose members include financial institutions, educational institutions, and accounting and law firms across the Asia-Pacific, Europe, and North America.