Economy
Việt Nam honours Japan’s Sojitz, Sumitomo Corporations
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| The dairy sector had been actively contributing to the country’s economy, with average growth of between 15 per cent and 17 per cent per year. — Photo thesaigontimes.vn |
Viet Nam News
HÀ NỘI – Vietnam Dairy 2017 will take place at the Hữu Nghị Culture Palace in Hà Nội from May 31 to June 3.
Some 150 international and domestic businesses will participate in the event, including famous brand names such as Vinamilk, Mead Johnson, Nestle and Tetra Pak, as well as Nutricare, Vitadairy, IDP, Mộc Châu and Ba Vì, along with Hà Nội Milk, Kido, Elovi, Fonterra, Abbott, New Vietdairy and Delaval, Vietnam Dairy Association chairman Trần Quang Trung said at a press conference held in the capital city on Monday.
Trung said the exhibition would showcase milk and milk products, additives and other products for the milk sector; processing technology and packaging; as well as veterinary medicines; food safety and quality management standards; and environment treatment technologies.
Trung said the dairy sector had been actively contributing to the country’s economy, with average growth of between 15 per cent and 17 per cent per year.
Under the planning for the dairy processing industry by 2020 and a vision to 2025, which was approved by the Ministry of Industry and Trade, the country will produce 2.6 billion litres by 2020, with estimated export turnover of US$120-130 million and expected consumption volume of 27 litre per capita per year.
By 2025, the industry plans to produce 3.4 billion litres, reaching annual consumption volume of 24 litres per head and export turnover of $150-$200 million, said Trung.
The consumption volume is expected to reach 26 litres per head this year, three and two litres higher than 2015 and 2016, respectively. -- VNS
