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Vietnam’s dairy industry reaches out to the world

Despite the COVID-19 pandemic wreaking havoc on all sectors, Vietnam’s dairy industry has made efforts to win over customers and solidified its foothold in the domestic market while reaching out to global markets.
Vietnam’s dairy industry reaches out to the world ảnh 1Vinamilk has shipped nut milk products to China. (Photo: VNA)

Hanoi (VNA) - Despite the COVID-19 pandemic wreaking havoc on allsectors, Vietnam’s dairy industry has made efforts to win over customers and solidifiedits foothold in the domestic market while reaching out to global markets.

The Ministry of Industry and Trade said Vietnam shipped 302.7 million USD worthof dairy products in 2020, a 10.5 percent increase against 2019. This was thefirst time the country’s dairy export revenue has exceeded 300 million USD.

According to theVietnam Dairy Association (VDA), many enterprises have spent heavily onadvanced technologies and developed cattle farms under Global GAP, VietGAP, andorganic standards to improve productivity and food safety and to diversifyproducts.

After showing their capacity to supply foreign markets with quality products,Vietnamese enterprises have enjoyed strong sales in the recent time. Despitethe pandemic, Vinamilk and Vinasoy exported products to major markets such asChina, the Middle East, the Republic of Korea, and Japan.

Vinamilk signed a deal worth 20 million USD with a distributor in Dubai lastyear to supply dairy products, and also shipped its nut milk and milk tea tothe Republic of Korea. Meanwhile, Vinasoy’s products have been sold on 11e-commerce platforms and at six supermarket chains in China.

The VDA said the dairy sector earned more than 113.71 trillion VND (4.95billion USD) in revenue in 2020, or 5 percent higher than in 2019, thanks to anabundance of raw materials, high demand, and solid maintenance of distributionchannels.

Securities firms expect that the dairy sector will grow some 7 percent in 2021on the back of an increasing need for high-value products.

Exports exhibited robust signs in the first two months of the year, with tencontainers of Vinamilk’s nut milk and five containers of sweetened condensedmilk shipped to China.

Meanwhile, the Chinese General Administration of Customs (GAC) recentlyannounced the granting of transaction codes to two Vietnamese companies to shipdairy products to the country, the Ministry of Industry and Trade’s Departmentof Asia-Africa Markets has said.

Accordingly, the FrieslandCampina Hanam Company Limited is allowed to shippasteurised and fermented milk, while the FrieslandCampina Vietnam CompanyLimited can export pasteurised and fermented milk, sweetened condensed milk,and other dairy products.

China has so far granted transaction codes to nine Vietnamese companies andplants. Others include TH True Milk, with sterilised and modified milk,Hanoimilk, with fermented milk, Bel Vietnam, with cheese, Nutifood, withsterilised, modified, and flavoured fermented milk, Vinamilk’s three plants,with condensed milk, flavoured fermented milk, sterilised and modified milk, andsweetened condensed milk, and many other kinds of condensed milk products.

Besides China, Vietnam’s dairy products have also won over customers in the US,Japan, the Republic of Korea, and the Middle East.

Dairy producers said they have paid due regard to improving product quality andpackaging design, to better meet customer requirements.

TH True Milk, Vinasoy, and Moc Chau Milk are all making investment in materialzones, plants, and state-of-the-art technologies to produceinternational-standard products.

According to Vinamilk International Business Director Vo Trung Hieu, togetherwith strong markets like the Middle East, Southeast Asia, and the US, it is alsopromoting exports to markets of potential such as the Republic of Korea andseveral countries in Africa.

Entering into fastidious markets has affirmed the position of Vietnameseenterprises in the world’s dairy industry, he added./.
VNA

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