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FrieslandCampina Vietnam Company develops over 30,000 diary cow breeding households

Monday, 31/10/2011

FrieslandCampina Vietnam Company has so far developed over 30,000 diary cow breeding households nationwide. The households have enjoyed well-training courses from the company experts. On average, the company has purchased about 170 fresh milk tons per day with the price of VND10,000-12,000per kg.

 A production line at FrieslandCampina Vietnam Company.

FrieslandCampina Vietnam Company is a joint venture company between Royal FrieslandCampina and Binh Duong Production-Import and Export Company with the total investment capital of US$135mil.

After 15 years of establishment and development, the joint venture company has generated a total revenue of over US$2.5bil, paying over VND200mil to the State budget and placing jobs for 15,000 laborers.

The company is also a founder of the Den dom dom Fund with the total contributed value of USD3mil. The fund has so far granted 20,000 scholarships and built 8 schools for students in poor areas nationwide.

Reported by M.Dan – Translated by A.C