17:05 | 26/02/2016 Trade
Vinamilk, Vietnam’s largest dairy company, signed a contract to export powered milk for children, worth 12.5 million USD, while attending Gulfood 2016 held at the Dubai World Trade Centre in the United Arab Emirates from February 21-25.
A milk production line of Vinamilk (Photo: VNA)
Vinamilk has attended Gulfood – the world’s largest annual food and hospitality show – since 2013.
Bringing its key products like powered and condensed milk to Gulfood 2016, the company wants to promote its image to the Middle East and African markets.
It also considers the event an opportunity to meet foreign consumers, and seek potential partners.
During 2010-2015, Vinamilk saw an average sales growth of 38 percent in the Middle East.
The company is shipping its products to 42 foreign markets.
It owns 13 plants across Vietnam and has invested in New Zealand, the US, Cambodia and Poland to increase its global market share.
Its turnover reached over 40 trillion VND (1.8 billion USD) in 2015, up 15 percent year-on-year./.