Vinamilk, the largest dairy producer in Vietnam, recently imported 500 dairy cows from the US, and plans to buy additional 1,100-1,200 cows in 2021 for its dairy cow farm in the central province of Quang Ngai to boost the domestic supply of raw milk.

Vinamilk's organic dairy cow farm

Vinamilk splashed out some VND700 billion (US$30.1 million) on the high-tech farm, which spans 100 hectares in Quang Ngai province and raises 4,000 milch cows.

The farm, the second largest farm of Vinamilk, will be inaugurated in Duc Hoa commune, Mo Duc district in March 2021.

Last year, Vinamilk inaugurated Vietnam’s largest dairy cow farm in Tay Ninh province.  Invested at total cost of more than VND1.2 trillion, the farm covers 685 hectares in Long Khanh commune, Ben Cau district. With a herd of 8,000 cows, the farm provides 100,000 litres of fresh milk per day, equivalent to 40 million litres of milk annually.

Vinamilk recorded over VND45.27 trillion in revenue during January-September, up 7.4% year on year. Its post-tax profit surged 7% from the same time last year to VND8.96 trillion.

In 2020, the firm targets to gain VND59.6 trillion in revenue and VND10.69 trillion in post-tax profit, up 6% and 1% as compared to the figures in 2019.