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True Milk opens $1 billion plant in Moscow

Update: April, 01/2015 - 08:23

TH True Milk reaches a revenue of $187.7 million in 2014 and plans a revenue of $ 281.6 million this year.— Photo

HA NOI (VNS) — Vietnamese dairy firm TH True Milk opened a US$1-billion dairy in a Moscow suburb, Vietnamese Ambassador to Russia, Nguyen Thanh Son, said yesterday.

Son told the the plant would produce its own animal feed and breed its own cows.

He also said other Vietnamese firms involved in garments, agriculture and food in Viet Nam were interested in expanding their networks in Russia.

He said they hoped to eventually build an industrial zone in suburban Moscow.

The ambassador said the establishment of the zone would help develop the strategic partnership between both countries. — VNS

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