Vietnam’s Vinamilk, KIDO set up beverages joint venture
The new firm is invested with VND400 billion ($17.38 million) in the first phase
The new firm is invested with VND400 billion ($17.38 million) in the first phase
Its shares led Monday’s losses
Covering 685 hectares, the farm is the largest of its kind in the Southeast Asian country
Viettel replaces Vinamilk to be this year’s most valuable Vietnamese brand
A Jardine Matheson company has built up an 8 percent stake worth $911.5 million in Vinamilk
Jardine Cycle and Carriage Ltd said on Monday one of its units has agreed to buy a 5.53 percent stake in Vinamilk
Vietnam's state investor on Monday said it plans to sell 3.33 percent of Vietnam Dairy Products JSC (Vinamilk) on Nov. 10
The Vietnamese government plans to sell 3.33 percent of its Vinamilk shares at 154,000 dong ($6.78) each
The dealmaking flurry has been encouraged by a turnaround for Vietnam's $186 billion economy last year, which as recently as 2011 was fighting a 20-plus percent inflation rate and a banking sector saddled with bad debt
The current situation gives a leading Vietnamese milk producer room for expansion to boost supply for the 90 million-strong local market, of which children under six years old make up over one-ninth