Milk included in price stabilisation programme

The HCM City People’s Committee has added two brands of powdered milk produced by Vinamilk to its price-stabilised essential goods. The price of Dielac Alpha for children under 12 months old and Dielac Canxi for older people will be unchanged from now until December 31, according to Bui Thi Thanh Huong, head of Vinamilk’s External [...]

Milk, automobile imports rise

Imports of milk, dairy products and a number of goods subject to import restrictions have increased dramatically in March, according to the Ministry of Industry and Trade and the General Department of Customs. Around US$57.4 million was spent on imports of milk and dairy products, an increase of 29.5 per cent against February. Automobile and [...]

Vinamilk raises milk input price by VND1,150/L

Vietnam Dairy Products Joint-Stock Company (Vinamilk), the biggest milk producer in Vietnam, has raise the prices of milk input by between VND480-VND1,150 per kg to VND11,300-VND12,000 per kg Vietnam Dairy Products Joint-Stock Company (Vinamilk), the biggest milk producer in Vietnam, has raise the prices of milk input by between VND480-VND1,150 per kg to VND11,300-VND12,000 per [...]

Milk prices soar 18% today

The prices of imported milk start to rise up to 18% from today due to the recent 8.5% devaluation of VND The prices of imported milk start to rise up to 18% from today due to the recent 8.5% devaluation of VND, the online newspaper VEF reported on February 28, citing local milk distributors. In [...]

Dairy firms break rules with price hike: official

Milk producers have violated pricing regulations as they raised prices without government consent by around 10 percent a few days after the recent dong devaluation, a senior official says. Nguyen Anh Tuan, deputy head of the Price Management Department under the Ministry of Finance, said even if the companies had a legitimate reason to raise [...]

Dairy firms resist price controls

Dairy producers are in an uproar over a December 31 decision from the Ministry of Finance requiring them to justify any price increases to the ministry’s regional offices. Under the new ministry regulation, regional offices would weigh the need for the increases against the real impacts on consumers before approving any proposed price increases. The [...]

Vinamilk raises milk input price by VND500/L from Jan 6

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 [...]

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 [...]

Milk prices to rise by up to 10%

Milk distributors have received notice from some dairy manufacturers that prices will rise 3-10 percent on January 1. Hancofood will hike the price of its Dollac Pro baby formula from VND179,000 (US$9) for a 900 gram carton to VND184,370, and its Dollac full cream milk from VND121,800 to VND184,370. Friesland Campina Vietnam’s 12-liter sterilized milk [...]

Domestic milk prices to rise 10% in Jan 2011

The domestic milk price will increase by between 3%-10% from the beginning of January 2011 The domestic milk price will 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. The prices of Frisco milk will rise [...]

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