Photo: Forbes Vietnam
The year 2022 witnessed the special factors directly affected social security, food security and energy worldwide, including financial and political risk escalation and complicated developments of climate change and epidemics. Accordingly, the roles and responsibilities of food manufacturers are more concerned and focused than ever. Vinamilk believes that challenges always come with opportunities for improvement and breakthrough. At Vinamilk, during 46 years of constant growth, even in the most volatile and challenging periods, we are always steadfast to our mission to deliver quality products based on responsible business operations.

Thanks to an advanced management foundation and flexible transformation to accompany and lead the way in the application of international standards, make the best efforts of the team for optimal advantages, Vinamilk recorded the consolidated income before tax, including VND 60,075 billion of total revenue and VND 10,496 billion of profit reflected by unique and bold imprints on the path to a prosperous future.

In particular, Vinamilk has successfully launched the Vinamilk Green Farm system, which emphasizes on four key aspects: Regenerative Agriculture; Circular Economy; Animal Welfare and Renewable Energy. In this way, Vinamilk is proud to serve the consumers with products from green agricultural practices and green production in satisfaction of international quality. Recognition of Vinamilk Green Farm as one of the first fresh milk products in the world to achieve the Clean Label certification is a remarkable encouragement for the certified food safety and quality management system of international standards.

Besides, Vinamilk has continuously taken a variety sustainable development solutions in recent years. In 2022, we pioneered in greenhouse gas inventory under ISO 14064 for factory and farm systems; successfully adopted 44 initiatives in relation to circular economy; promoted the consumption of green energy at 86.8% in production activities; 100% of farms were installed with solar energy systems; increased investment in environmentally friendly technologies, diversified applications and focused on initiatives to use sustainable resources, biodiversity and especially planting trees to neutralize greenhouse gases.

Moreover, believing that sustainable development of an Enterprise can only be maintained in a healthy Community, Vinamilk has actively engaged in social responsibility and community engagement programs. The year 2022 marked an important milestone in Vinamilk’s journey to accompany the preschools nationwide with the motto “Nutrition for future generations”. For 15 years with the “Stand Tall Vietnam Milk Fund”, Vinamilk donated 40.6 million glasses of milk to nearly 500,000 children in 63 provinces and cities. In 2022 alone, 1.9 million glasses of milk were given to 21,000 disadvantaged children in 30 provinces and cities. Also, Vinamilk implemented a series of community health care activities for the elderly, raising awareness of environmental protection for students at schools, etc.

Thanks to the determination and great efforts of the leaders and employees in accomplishing the sustainable development goals, Vinamilk proudly ranked among “Top 10 manufacturing enterprises in Vietnam for the 7th time in a row”. It was also honored to receive the “First-class Independence Medal” from the Party and State - a rare noble medal for enterprises with outstanding contributions to the national development.

The year 2022 was the turning point to consolidate the foundation and shape a new, sustainable and prosperous future. Vinamilk have defined sustainable development as the foundation for its development strategy for the period of 2022-2026, including: promoting sustainable development path based on successful models of the global dairy industry; applying science and technology in agriculture and production towards sustainability; Increasing renewable energy, aiming to achieve net zero emissions by 2050. Trusting in the future recovery of the global economy, we strongly believe that Vinamilk will steadily enter 2023 with high determination to break at limits, for a more prosperous future and sharing more values.
Wish you health and prosperity.
Ho Chi Minh City, April 21, 2023
Mrs. Mai Kieu Lien
Chief Executive Officer