Vinamilk is practically synonymous with the dairy industry in Vietnam. Since its founding in 1976 it has led the country's dairy market for about 50 years, and it has grown into Vietnam's largest dairy company with about a 35% domestic market share. Its brand value has reached USD 3 billion, and its products are sold in more than 65 countries.
| Item | Details |
|---|---|
| Legal name | Vietnam Dairy Products Joint Stock Company (Vinamilk) |
| Year founded | 1976 |
| Headquarters | Ho Chi Minh City |
| Format | Manufacture and sale of dairy products |
| Listing | Ho Chi Minh Stock Exchange (VNM) |
| Official website | https://www.vinamilk.com.vn/ |
Vinamilk manufactures and sells a wide range of dairy products, including liquid milk, powdered milk for infants and adults, yogurt, condensed milk, cheese, ice cream, and juice drinks. It owns 14 plants in Vietnam, with annual production capacity of about 2.8 billion liters. Its main brands center on Vinamilk itself, alongside a variety of sub-brands such as Dielac (powdered milk), Probi (yogurt), and Susu (for children).
Consolidated revenue in 2025 was VND 63.724 trillion (63,724 ty VND, about USD 2.5 billion), a record high. The company ranks 36th among the world's dairy companies, an unusually high standing for a dairy company from an emerging market. It has also been selected for the Forbes Asia Top 50, and its international brand recognition continues to rise.
Vietnam's dairy market as a whole was worth about USD 5.71 billion as of 2024 and is forecast to reach USD 13.37 billion by 2033 (a CAGR of about 9.5%). Vinamilk sits at the center of this growing market and is strengthening its premium product lines, helped by rising health consciousness in urban areas and the expanding middle class.
Vinamilk is accelerating its overseas expansion, mainly in Southeast Asia, and has set up local subsidiaries in Cambodia and the Philippines. It also has sales bases in the United States and Australia and has built an export network covering more than 65 countries. Its Vinamilk Organic brand has obtained international organic certification, differentiating it in global markets.
For Japanese companies considering entry into Vietnam's dairy market, Vinamilk is the largest competitor and at the same time a potential partner. There is considerable room for cooperation: technical tie-ups in dairy processing and packaging technology, distribution partnerships that use its more than 500,000 sales points nationwide, and fields where Japan is strong, such as probiotics and nutritional products for older people. The company's work on Vietnam Gen Z Strategy and its Vietnam Food E-Commerce are also important reference cases for Japanese companies.
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