Dairy firm to pay farmers more

Dutch-owned FrieslandCampina Viet Nam, which makes Dutch Lady and other brands of dairy products, has increased the price it pays farmers for milk by VND700 (US$0.03)per kilogramme to VND10,000 ($0.48).

The increase on Tuesday was its third time this year, and the company said it was meant to help farmers cope with high raw material costs and encourage them to sell more milk of better quality.

FrieslandCampina Viet Nam is one of the largest milk buyers in Viet Nam, purchasing more than 170 tonnes a day through direct contracts with more than 2,500 farming households.

Tags: Vietnam Dairy sector, Vietnam milk prices

Posted by VBN on Jan 6 2011. Filed under Food & Beverage. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry