The Vietnam Dairy Products Joint Stock Company (Vinamilk) is one of the five Vietnamese firms named in the Top ASEAN 100, which features the 100 most powerful and influential companies around Asia.
Vinamilk's modern milking system.
The list, made by Nikkei Asian Review magazine, also includes 25 companies from Singapore, 22 from Malaysia, 25 from Indonesia, 22 from the Philippines and 25 from Thailand.
In the first ten months of this year, Vinamilk posted a revenue of over 26.9 trillion VND (1.28 billion USD), up 8.7 percent compared to the same period last year.
According to Nikkei Asian Review, Vinamilk is Vietnam’s biggest dairy company that makes up half of the local market share. Its market capitalisation amounts to 5.5 billion USD, ranking second in the country.
Forbes magazine recently selected Vinamilk as one of the top 50 listed enterprises in Vietnam.
VNA/VNN