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Vinamilk signs US$20-million-contract at Gulfood Exhibition

by NDO22 February 2020 Last updated at 18:36 PM

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Deputy Minister of Agriculture and Rural Development Tran Thanh Nam (C) visits Vinamilk's booth at the fair.
VTV.vn - The Vietnam Dairy Products Joint Stock Company (Vinamilk) has successfully signed a milk export contract worth up to US$20 million at the Gulfood Exhibition 2020, held in Dubai from February 16 to 20.

This is the most valuable contract signed by the Vietnamese business delegation participating at this year’s fair.

The Gulfood International Exhibition, held since 1987, has now become one of the three largest fairs in the world and is the leading fair for agricultural products and food and beverages in the region with trading volume of up to billions of US dollars. Gulfood 2020 featured more than 5,000 booths of businesses from 193 countries and territories, with an exhibition area of nearly 120,000 m2. The exhibition was expected to attract nearly 98,000 visitors to visit, trade and sign contracts.

At this year’s fair, the Vietnam country pavilion themed “Foods of Vietnam”, with the participation of 20 of Vietnam’s leading food and beverage enterprises. Deputy Minister of Agriculture and Rural Development Tran Thanh Nam led the delegation of Vietnamese businesses attending the fair.

In the context that agricultural and aquatic product export activities are facing difficulties due to the impact of the COVID-19 virus epidemic, this is an opportunity for Vietnamese businesses to find new partners and diversify export markets.

As the county’s largest milk company, Vinamilk focuses on introducing products such as condensed milk, baby formula, baby nutrition powder and especially Organic products to high-end customers in the Middle East market. In addition to traditional products, this year, Vinamilk also brought 100% Organic Fresh Milk products to introduce to potential partners at the Gulfood International Exhibition 2020.