date:Jul 15, 2014
12s.
The announcement of Hoang Anh Gia Lai or Vinacafe Bien Hoas encroachment into dairy industry will come as no surprise for everyone as the industry is so attractive to investors. Vietnamese consume little milk than other Asian countries.
For instance, in 2013, Vietnam consumed 15 liter of milk per person per year while it is 35 liter per person per year in Thailand and it is 45 liter in Singapore. Vietnamese parents will cut down upon over other expense to buy milk with the hope of improvi