Vietnam dairy Products Joint – Stock Company

NGUYEN LAM THANH TRUC – MA2N0229

History The company was established in 1976 as the state-owned Southern Coffee-Dairy Company, to nationalize and take over the operations of three previously private dairy factories in South Vietnam: Thống Nhất (belonging to a Chinese company), Trường Thọ (formerly owned by Friesland Foods, best known for its production of condensed milk that was widely distributed across the South), and Dielac (Nestlé).

It was then renamed to United Enterprises of Milk Coffee Cookies and Candies I in 1978 and finally Vietnam Dairy Company was formally established in 1993.

In 2003, follows its IPO to the Ho Chi Minh Stock Exchange, the company legally change its name to Vietnam Dairy Products Joint Stock Company (Vinamilk).

Traded on the stock exchanges is VNM.

History 2004: Merged Corporation Saigon milk.

Increase of the charter capital to VND 1,590 billion.

2006: Vinamilk listed on the stock market in Ho Chi Minh City on 19th January.

2009: There are more than 135,000 dealers, 9 factories and dairy farms in the northern of Vietnam.

2010 - 2012: Construction of milk and milk-powder factory in Binh Duong province with a total investment of $ 220 million.

Major brandsVinamilkDielacVfresh (juice and soya milk)

Major productsThe principal activities of the Vinamilk are

produced and distributed condensed milk, powdered milk, fresh milk, soya milk, yogurts, ice-cream, cheese, fruit juice, coffee and other products derived from milk.

Served areasVinamilk’s products such as powdered milk and

condensed milk are also exported to the Middle East, Cambodia, the Philippines and Australia.

Exports accounted for $180 milliion in 2012. Vinamilk's main competitors are Dutch Lady Vietnam, a division of Friesland Foods, Nestlé Vietnam, Abbott, Mead Johnson, Friso and Nutifood.

Awards and Archievement In 2010, it is the first company in Vietnam to be

included in the Forbes Asia's 200 Best Under A Billion list that highlights 200 top-performing small- and mid-sized companies with annual revenue under $1 billion.

CEO of VINAMIL

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Awards and Archievement From the communist Vietnamese government:1985 - Labour Medal of Third Ranking.1991 - Labour Medal of Second Ranking.1996 - Labour Medal of First Ranking.2000 - Hero of Socialist Labor of Vietnam.2001 - Labour Medal of Third Ranking.2005 - Independence Medal of Third Ranking.2005 - Labour Medal of Third Ranking.2006 - “Supreme Cup” from Intellectual Property Association and

Association of Small & Medium Enterprises, Vietnam.1995-2007 - Saigon Marketing Newspaper Readers' Choice

Awards.Overseas:Top 15 enterprise in Vietnam (UNDP 2007)Forbes Asia’s 2010 Best Enterprise Top 200 for SMEs in Asia.Nielsen Singapore 2010 Top 10 Favorite Bands in VietnamTop 5 largest private companies in Vietnam (VNR500 2010)

FactoriesVinamilk has factories in the following locations.Truong Tho Dairy Factory, Ho Chi Minh CityDielac Dairy Factory, Đồng NaiThong Nhat Dairy Factory, Ho Chi Minh CityBinh Dinh Dairy Factory, Bình Định ProvinceDa Nang Dairy FactoryNghe An Dairy FactorySai Gon Dairy FactoryCan Tho Dairy Factory, Cần ThơTien Son Factory, Tiên Du, Bắc Ninh

OwnershipVietnam's State Capital Investment Corporation (SCIC)

holds 45.1% of the shares as of late 2012. 6% are owned by other Vietnamese investors, of which 0.3% are owned by CEO Mai Kieu Lien.

Foreign investors hold just under 49% of the shares:F&N Dairy Investments (Singapore): 9.5%Deutsche Bank & DWS Fund (Germany): 6.1%Dragon Capital :5.2%Vinacapital: 2.4%Miraka (New Zealand): 2.2% (Vinamilk holds 19.3%

of Miraka's shares)other foreign investors: 23.6%

F&N and Dragon Capital have been holding shares of Vinamilk for a long time and both have representatives in the Managing Board.

Mission & DistributionWith the aim of developing a most trusted

nutrition brand, in recent years, Vinamilk has being improved the quality of products, they also focus on comprehensive health care for children and the elderly.

They offer products of high quality soy milk. This is the first soy milk on the market which has calcium supplements and vitamin D. These kinds of products are really good for bones, healthy appearance, endurance athletes, good for patients' heart.

Mission & DistributionFor the kids market, Vinamilk dairy supply a

chain of products which help to increase the height of children, strengthen the protection of children's immune system, contribute to building a healthier, smarter and higher generation.

Commercialhttps://www.youtube.com/watch?v=HFoYi84Z

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Business performance

Financial status (2014)Short-term assets: $64.7 millionCashInvestmentRevenueInventoryOthers assets

Long-term assets: $467.9• Long-term revenue• Real Estate• Long-term investment• Others

Total assets:1.12 billion U.S. dollars

Financial status (2014)Liabilities: 24.06 millionCapital: 871.95 millionShareholder profit: 2.95 million

TOTAL CAPITAL:1.16 billion U.S. dollars