Vinamilk consistently ranks among the top-performing listed companies in Vietnam and Asia.
(Baonghean.vn) - Recently, Vinamilk, the Vietnam Dairy Products Joint Stock Company, was recognized by Forbes Vietnam as the best listed company in Vietnam for the seventh consecutive year. Prior to that, in July 2019, Vinamilk was also the only Vietnamese enterprise to be included in the Top 50 most powerful listed companies in Asia (according to the Asia300 ranking published by Nikkei Asia Review).
![]() |
| Mr. Le Thanh Liem – Chief Financial Officer of Vinamilk – receives a commemorative plaque from Forbes Vietnam at the "50 Best Listed Companies in Vietnam 2019" awards ceremony. Photo: PV |
Since its official listing on the stock exchange in 2006, Vinamilk, with its well-structured business strategy, has continuously grown. Its consolidated revenue in 2018 increased nearly sevenfold compared to 2006, and it has consistently received positive assessments from reputable organizations and domestic and international investors. This has helped Vinamilk solidify its position as the number one nutrition company in Vietnam and the only Vietnamese representative in the Top 50 largest dairy companies in the world.
On the stock exchange, Vinamilk (trading code: VNM) consistently ranks among the "blue-chip" stocks, attracting both domestic and foreign investors. VNM shares are one of the largest capitalized stocks, and their price fluctuations significantly impact the VN-Index, making them a market-leading group of stocks.
![]() |
| A modern milk production line at Vinamilk's Mega factory in Binh Duong. Photo: PV |
Vinamilk's market capitalization as of June 30, 2019 reached VND 214,228 billion, with a CAGR of 57% from 2006 to 2018. During the period 2013-2018, the annual revenue growth rate was 10.8% and the annual pre-tax profit growth rate was 9.3%. According to the recently released consolidated business results report for the first six months of 2019, Vinamilk achieved net revenue of VND 27,788 billion, an increase of nearly VND 2,000 billion compared to the same period in 2018, representing a 7.61% increase.
"Dominating" the rankings of the best listed companies in Vietnam and Asia.
According to Forbes Vietnam's "Top 50 Best Listed Companies," the list comprises 50 companies listed on the Ho Chi Minh City Stock Exchange (HSX) and the Hanoi Stock Exchange (HNX) that have achieved the best business performance based on published financial indicators. Forbes Vietnam has conducted this assessment since 2013, using qualitative and quantitative calculation methods advised by Forbes US, financial experts, and domestic securities companies.
![]() |
| Vinamilk's Tay Ninh dairy farm is a pioneer in applying Industry 4.0 technology in its operations and management. Photo: PV |
Previously, in July 2019, Forbes Vietnam also announced Vinamilk as the brand that continued to hold the top position on the list of "50 Leading Brands" in 2019 with a brand value of over 2.2 billion USD, accounting for nearly a quarter of the total brand value of the entire list.
According to the Asia 300 Power Performers ranking by Nikkei Asia Review (Japan), Vinamilk is the only Vietnamese representative in the Top 50 leading companies. Furthermore, Vinamilk is also among the Top 10 in terms of Return on Equity (ROE), a financial indicator reflecting a company's business efficiency. Specifically, in 2018, Vinamilk's ROE reached 40.7% and has remained stable for several consecutive years.
Enhancing the status of "Vietnamese Milk"
Besides dominating most prestigious rankings in Vietnam and internationally, the Vinamilk brand is increasingly receiving attention from the global dairy industry. In June 2019, Vinamilk was the only representative from Asia invited to share its success in developing the organic trend at the 2019 Global Dairy Conference in Lisbon, Portugal, before leading nutrition companies in the world's Top 50.
![]() |
Vinamilk's organic dairy "resort" in the Xieng Khouang plateau, Laos, commenced construction in May 2019. |
Vinamilk's investment in internationally standardized dairy farms has also made its mark on the global dairy map by officially being recognized as the company owning the "Largest Global GAP-certified dairy farm system in Asia in terms of the number of farms". In addition to expanding its domestic farm system, Vinamilk is currently developing a super-large organic dairy farm complex in Laos, with a capacity of up to 24,000 cows in phase 1, on 5,000 hectares of land. It is expected that this project could expand to 100,000 cows in phase 2 on an area of 20,000 hectares with a total investment of up to 500 million USD.
Besides developing its production capacity with a system of 13 modern factories domestically and 3 factories abroad, the strategy of investing in dairy farms is considered a leverage that helps Vinamilk move faster towards its goal of becoming one of the top 30 largest dairy companies in the world, as well as leading the region in advanced nutritional trends for consumers.






