Hanoi (VNA) – Vinamilk,Vietnam’s largest milk producer, has been intensifying efforts to expand itsmarket share in Bangladesh.
Early in January, at aninternational trade fair in Dhaka, Bangladesh’s capital city, Vinamilkintroduced its products like powdered milk, nutritious powder, yoghurt, andfruit juices to Bangladeshi consumers.
The company formed a strategiccooperation relationship with Bangladeshi distributor Bigbiz to speed up thecompany’s expansion in the South Asian country.
Bangladesh, with a population of170 million and stable economic growth, has potential for consumer industries, includingthe milk industry.
Local producers’ limitations haveprevented Bangladeshi people from accessing high-quality milk products andVinamilk, as a milk exporter with 18 years of export experience, believes theycan fill that demand.
Vinamilk and its partner Bigbizwill focus on distributing powdered milk, liquid milk and yogurt in Bangladeshand hope to become a major player in the market soon.
🎃 The 40-year Vinamilk is thebiggest milk company in Vietnam and is striving for three billion USD inrevenues to enter the world’s top 50 milk companies.-VNA
Shares slipped further on December 20 on the HCM Stock Exchange, driven by steep declines of Vinamilk (VNM) and Sabeco (SAB), the two largest listed stocks.
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Illustrative image (Source: VNA)
