Vinamilk purchase of raw milk soars by 20 per cent

Update: January, 24/2015 - 10:05
Vinamilk increased capital investment to VND1,600 billion to open five milk-cow breeding farms in Tuyen Quang, Nghe An, Thanh Hoa, Binh Dinh, and Lam Dong provinces. In the 2014-2015 period, four more large-scale farms will be built and put into use in Thanh Hoa, Ha Tinh and Tay Ninh provinces. — VNS Photo
HCM CITY (VNS)  — Viet Nam Dairy Products Joint-Stock Co purchased nearly 12 million kg of fresh milk from farmers in the first 19 days of the year, an increase of 20 per cent over the same period last year.

At least 7.5 million kg were bought from HCM City and neighbouring provinces, an increase of 11 per cent.

The highest growth of 71 per cent was from Binh Dinh and Lam Dong provinces.

Vinamilk has purchased 60 per cent of raw fresh milk from farmers nationwide. The number of farm households delivering high quality milk will be paid more than VND14,000 per kg. The company said these households accounted for more than 50 per cent. Vinamilk also committed not to decrease milk purchasing and the price if the milk quality meets the company's requirement. Vinamilk said it would help farmers increase the quality of raw milk. — VNS