Vietnam – Vinamilk raises milk input price by VND500/L

Vietnam Dairy Products Joint-Stock Company (Vinamilk), the biggest milk producer in Vietnam, has raise the prices of milk input by VND500/liter to VND10,100/kg this morning

Vietnam Dairy Products Joint-Stock Company (Vinamilk), the biggest milk producer in Vietnam, has raise the prices of milk input by VND500/liter to VND10,100/kg this morning, the online newspaper Tuoitre reported on Jan 6.

This is the third time in six months the company has raised the price of milk input with an total increase of VND1,950/kg.

Earlier, on December 22, the domestic milk price was predicted to increase by between 3%-10% from the beginning of January 2011, the local newspaper Thanhnien reported on December 22, citing the local milk agencies in Ho Chi Minh City. – Stoxplus.com

Information from VietnamBusinessAsia

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