Monday, February 26, 2007

Price increase for diary products

The US-owned Abbott dairy firm told Vietnamese agents its powdered milk products would rise for a second time since March 2006.
Gain IQ for kids aged one to three is set to increase from VND194,000 to VND204,000 a can, and Pediasure from VND260,000 to VND275,000.
Earlier this month Vietnam's top dairy company Vinamilk increased yogurt prices by 12%.

Source: Thanh Nien Equity Mekong Capital Vinacapital

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