The two projects, expected to be completed in two to three years, are expected to boost Vinamilk’s production capacity by 20%.
The Hung Yen dairy plant will connect existing Vinamilk dairy farms, warehouses, and distribution systems into one hub that will have a capacity of producing 400m liters of product per year. The plant will produce a variety of products to increase supply to Northern Vietnam and for export to China, Japan, South Korea and ASEAN countries. Construction is set to commence in 2023.
Meanwhile, the Moc Chau complex will encompass a ‘closed architectural ecosystem’ comprising high-tech dairy farms and processing plants. The project is valued at US$130m and will have a capacity of manufacturing 1,000 tons of product per day.
Vo Trung Hieu, International Business Director of Vinamilk, commented: “Vinamilk products are exported to over 57 countries and territories globally. With our production capacity ramped up, we are better positioned to serve the various needs of the global market.
“Our commitment to our customers remains strong, with the research and development of new product formulas aligned with market needs, including our design and packaging that are made from recycled materials.”
Further investment & diversification
Vietnam’s largest dairy company says it has invested US$615m across its 13 factories in the country. Two of these are dedicated to milk powder production, where the firm manufacturers its infant formula brands Dielac, RiDielac and Optimum Gold.
A total of US$615m has been invested in the factories over the past 15 years, the company claims.