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Viet Nam Dairy Farmers to Receive Low-interest Loans

06 February 2017

VIET NAM - HCM City Party Secretary Đinh La Thăng has asked the city’s People’s Committee for permission to use Vinamilk’s technology in a dairy renovation project that is expected to offer stable income for poor farmers.

Mr Thăng issued the instruction during a working visit to Vinamilk’s dairy factory in Bến Cát District in Bình Dương Province on 2 February.

During the visit, Mai Kiều Liên, the CEO of Vinamilk, asked city authorities to allow Vinamilk to apply new husbandry technology and new dairy cow breeders in a pilot project in the first quarter.

Mr Liên said the average capacity of dairy cows for private farmers was low, around 17-18 litres of milk per cow per day, mostly due to the low quality of dairy breeders. The number is 30 litres at Vinamilk farms.

Vinamilk had planned to import dairy cow breeders from the US and New Zealand, to feed them in the beginning in order to let them be familiar with Vietnamese weather, then transfer to farmers.

The cost for each breeder is estimated to be VNĐ50 – 60 million (US$2,200 – 2,650) and farmers would expect to recoup investment after two to three years.

Source: Viet Nam News

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