Remarkably, the Vietnam Dairy Products Joint Stock Company (Vinamilk) is the only Vietnamese company among the top 10 leading enterprises. This is also the only food and beverage company to enter the top 10 of the ASIA 300 list this year.

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Vinamilk production line 

The Asia 300 is Nikkei's exclusive list of the biggest and most rapid-growing companies from 11 economies across the continent. The magazine has picked 327 companies based on four factors, namely growth, profitability, efficiency and financial soundness.

Ranking the 20th last year, Vinamilk has mounted to the eighth position in the top 10 largest businesses, along with other big companies such as Alibaba Group Holding of China (No.6), Tencent Holdings (No.9), and Thailand National Airport Operator (No.10).

Not only maintaining and stabilizing the domestic market, Vinamilk has also expanded its business to the global market with its export turnover of USD 258 million last year.

Recently, the company is only Vietnam's consumer goods company listed in the Forbes Global 2000 list of the world’s biggest public companies. Additionally, Vinamilk is the No.1 brand in Vietnam according to the Kantar WorldPanel report in three consecutive years and listed in the Top 50 listed Vietnamese companies with best performance in six consecutive years evaluated by Nhip Cau Dau Tu (The Business Review) magazine.

Translated by Thuy Duong