VINAMILK is the only representative of Vietnam in the TOP 50 ASIA300

PV• July 15, 2019 18:06

(Baonghean.vn) - Asia's prestigious economic magazine, Nikkei Asian Review, has announced the 4th Asia300 Ranking, including a list of the most powerful and valuable listed companies in Asia (Asia300 Power Performers). Vinamilk is the only Vietnamese enterprise named in the Top 50 companies leading this ranking, at position 25.

Notably, according to the rankings published by Nikkei this year, there are only 3 businesses in the food and beverage (F&B) sector in the Top 50, including 1 from Vietnam, Vinamilk.

Mr. Nguyen Quoc Khanh - Vinamilk CEO received the awardrewardTop 50 most effective businesses in Vietnam 2018.

This is a remarkable result when the remaining representatives in the F&B industry come from developed economies with large populations such as China (ranked 4th) and India (ranked 36th). Furthermore, according to Nikkei, this year's ranking shows the dominance of businesses in the technology sector, so it can be seen as a great effort from Vietnamese businesses to be in the Top 50 of this ranking, contributing to demonstrating Vietnam's position in the Asian economy.

In addition, Vinamilk is also a company in the Top 10 rankings for Return on Equity (ROE). This financial indicator represents the business efficiency of a company. Specifically, in 2018, Vinamilk's ROE reached 40.7% and has been stable for many consecutive years.

Vinamilk Tay Ninh dairy cow "resort" has a total area of 685 hectares, with a scale ofraising 8,000 cows and calves, and the total investment cost is over 1,200 billion VND.

Nikkei Asia Review is a prestigious economic magazine with over 140 years of history, with 37 offices and more than 1,300 journalists worldwide. The Asia300 ranking is built by Nikkei based on the latest financial results of 325 large and fastest-growing listed companies in the region, selected from 11 developed economies in Asia. Therefore, it can be said that Asia300 is expected to provide an overview of businesses that are aiming to become dominant forces in the 21st century.

The Asia 300 ranking is based on main criteria including: growth rate, profitability, efficiency and financial sustainability.. "This ranking provides a benchmark for the performance of large companies in Asia. In addition to the overall ranking, the list also analyzes five metrics that we used to calculate: five-year average growth in revenue and net income, return on equity, net profit margin, and shareholders' equity to total assets."- according to Nikkie Asia Review.

Vinamilk's 100% Organic fresh milk products and Vinamilk Organic Gold powdered milk for children were highly appreciated at the 2019 Global Milk Conference.

The sharpness in business strategy, focus on investment in technology, expanding international cooperation investment and aiming for sustainable development have helped Vinamilk continuously make its mark in prestigious polls of domestic and foreign organizations recently announced.

Recently, Vinamilk was voted by Nhip Cau Dau Tu Magazine in the Top 50 most effective businesses in Vietnam. The ranking of "50 most effective businesses in Vietnam" (TOP 50) is a prestigious ranking conducted with the consultation of leading economic and business experts from Harvard Business School, referring to prestigious rankings in the world such as Bloomberg Businessweek, Fortune, Forbes worldwide, to find and honor effective businesses in the Vietnamese stock market.

In addition to the company's scale being rated as one of the Top 50 largest dairy companies in the world, the Vinamilk brand is increasingly known and recognized by the world. 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 Dairy Conference in Lisbon, Portugal, in front of the world's top 50 nutrition companies.

Giant raw milk tank system at Vinamilk's Vietnam super milk factory in Binh Duong.

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". In addition, Vinamilk is implementing the construction of an Organic dairy farm complex in Laos, with a super large scale of up to 24,000 cows in phase 1, on a land fund of 5,000 hectares. It is expected that this project can increase the scale of Phase 2 to 100,000 cows on an area of 20,000 hectares with a total investment of up to 500 million USD. 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 total consolidated revenue in 2018 reached VND 52,629 billion, market capitalization value at the end of 2018 reached VND 208,969 billion.