

Vinamilk reported revenues in the first half of 2016 over $1 billion, and profits rose 33 percent to VND4.97 trillion ($222.6 million) from the same period last year. Vinamilk spent $3 million to become the sole owner of the California-based Driftwood Dairy, which contributed 6.5 percent to the firm’s total revenue of $1.7 billion last year. Vinamilk has also launched a dairy plant in Cambodia via a joint venture with local company BPC Trading that produces fresh milk, yogurt and condensed milk for the Cambodian market. The dairy firm has formed strategic partnerships with Topmost Enterprise in Thailand and Synchro World in Myanmar. Vinamilk has unveiled plans to gain a strong foothold in Asia through mergers and acquisitions after 40 years of focusing on the domestic market. The dairy firm, currently valued at nearly $8 billion, said that net revenue from overseas markets rose 14 percent to VND4.4 trillion ($197 million) in the first six months of 2016 from a year ago. Vinamilk, or Vietnam Dairy Product JSC, has set a target of building its overseas business so it accounts for half of its total revenue in the next five years. Vinamilk plans to earn half its revenue in foreign markets in the next five years.

Vietnam dairy giant on global expansion path

Satawat decides to move to the country side with Soammiga because he knows that Somika can't handle living in primitive conditions.Īlthough Anusaniya and Satawat hate each other at first, they come to eventually love each other. At the same time Chayakorn and Mirantee fall in love after Mirantee nurses Chayakorn back to health after his car crash. All the while Satawat is living with his doctor friend until the situation gets better. She has nowhere to go and holds up in Satawat's house, which causes Anusaniya to misunderstand that Satawat is still involved with Soammiga. Mirantee finally figures out that that Soammiga was never pregnant in the first place and had used someone else's urine test.Īnusaniya becomes pregnant with Satawat's child but Soammiga has returned to cause chaos since her father died of a heart attack. Anusaniya eventually figures out the truth and demands for a divorce. Anusaniya's half uncle, Chayakorn (Pop), is in love with Anusaniya while Anusaniya's best friend, Mirantee (Eye) loves Chayakorn.īefore Anusaniya's wedding to Satawat, Soammiga informs Satawat that she's pregnant with his child. Satawat has a rich girlfriend named Soammiga (Namcha) whose own family is going bankrupt. Satawat's mother owes a lot of money to Anusaniya's company and in order to erase the debt, Satawat's mother and Anusaniya's aunt cook up a plan to marry Satawat and Anusaniya to each other to get rid of the debt. Satawat (James) is a doctor whose mother has a gambling addiction and Anusaniya (Kimberly)'s family owns a wealthy company.
