VNM export turnover reaches $106 mln

VNM export turnover reaches $106 mln

Vinamilk Corporation (HOSE: VNM), Vietnam's leading dairy product maker, reported an estimated export turnover of US$106 million in the first 10 months of this year, or 41.3 percent higher than the same period last year.

The company expects this year’s export turnover to reach $130 million, a record since it was established in 1976, Vietnamnet reported. This year’s total turnover is expected to be up to VND21 billion (About $1 billion).

Vinamilk has exported its products to 15 markets worldwide, including the United States, Canada and South Korea.

According to Vietnam Report JSC, a Vietnamese rating company, Vinamilk has recently become one of the top five biggest private enterprises in Vietnam, and is the biggest income tax payer in three successive years (2008-2010).

Thanh Nien