10 biggest brands in Vietnam are valued by Forbes at nearly 7 billion USD

It is noteworthy that in this list, the 10 largest brands account for the highest percentage.
in value when it was valued at a total of more than 6.9 billion USD. Vinamilk continues to be valued at the highest and for the 4th consecutive time tops the list of 50 most valuable brands in Vietnam when it was valued by Forbes at more than 2.2 billion USD.

Top 10 Brands by Value

Compared to 2018, this year's list has expanded from 40 brands to 50 brands, in line with the development of businesses and the economy. However, Vinamilk still shows stability in brand value when maintaining the leading position for the 4th consecutive year. This also shows Vinamilk's sustainable development strategy as well as its constant creativity and innovation to affirm its position as the leading nutrition company in Vietnam and the Top 50 largest dairy companies in the world.

Forbes Vietnam conducts brand valuations using the Forbes (USA) evaluation method, calculating the brand's contribution to the business performance of the enterprise. The most valuable brands are those that achieve large revenues in industries where the brand plays a leading role. The data collection of enterprises is based on the financial reports of the companies.

Vinamilk's total consolidated revenue in 2018 reached VND 52,629 billion, value
Capitalization at the end of 2018 reached 208,969 billion VND. According to the business results report
According to the newly announced consolidated business results for the first 6 months of 2019, Vinamilk achieved revenue of VND 27,788 billion, an increase of nearly VND 2,000 billion compared to the same period in 2018, equivalent to an increase of 7.61%. Of which, net revenue in the second quarter of 2019 reached nearly VND 14,600 billion, an increase of 6.55% compared to the same period. This is the quarter Vinamilk achieved the highest revenue in the history of the company since its establishment until now and even surpassed the best growth period of the dairy industry in early 2017.

The 4.0 revolution is being comprehensively applied at Vinamilk's international standard dairy farms.

The investment strategy for the system of domestic and foreign dairy farms is considered a lever to help Vinamilk move faster towards the goal of being in the Top 30 largest dairy companies in the world as well as leading the region in advanced nutritional trends in the world such as Organic.

Vinamilk's investment in international standard dairy farms has also made its mark on the world dairy map with "Asia's largest Global GAP dairy farm system in terms of number of farms". Currently, Vinamilk is managing and exploiting a herd of approximately 130,000 dairy cows, producing raw fresh milk from 950 to 1,000 tons/day.

In addition to 12 farms spread across Vietnam, Vinamilk is implementing
Build a super large scale organic dairy farm complex in Laos
up to 24,000 pigs in phase 1, on a land fund of 5,000 hectares. It is expected that this project can
Expanding the scale of phase 2 to 100,000 pigs on an area of ​​20,000 hectares with a total investment of up to 500 million USD.

Organic dairy cows graze on oat pastures at Vinamilk's dairy "Resort" in Laos

Vinamilk brand is also increasingly known and recognized worldwide for its great strides in advanced and high-end nutritional products. In June 2019, Vinamilk was the only representative of Asia invited to share about the success in developing the Organic trend at the 2019 Global Milk Conference held in Lisbon, Portugal.

In recent times, Vinamilk has also achieved high rankings in prestigious rankings. According to the "Brand Footprint 2019" report published by Kantar's Worldpanel, Vinamilk is the most chosen brand in the dairy and dairy products industry in both urban and rural areas for 7 consecutive years. Then, in July 2019, Vinamilk was the only representative of Vietnam in the Top 50 companies leading the Asia300 Ranking, a list of the most powerful and valuable listed companies in Asia (Asia300 Power Performers) published by Nikkei Asia Review.

Vinamilk representative shares about Vinamilk's progress in Organic nutrition trend at Global Milk Conference 2019