HANOI (Vietnam News/Asia News Network): Del Monte-Vinamilk, the joint venture of Del Monte Philippines Inc (DMPI) and Vietnam Dairy Product JSC (Vinamilk), has launched a new range of dairy products to consumers in the Philippines, marking its entry into the third-largest economy in the Asean.
The US$6 million joint venture, established on Aug 17 this year, aims at pushing the standards of delicious nutrition in the second most populated country in the region. People’s income and dairy product consumption per capita is rising rapidly in the country.