Viet Nam Dairy Products JSC (Vinamilk-VNM) plans to invest over 1.74 trillion VND into existing and new projects this year. About 628.34 billion VND (39.27 million USD) will go toward existing projects, which include buying more cows.
The remaining 1,121 trillion VND (70 million USD) is earmarked for new projects, like constructing new facilities in the Phu My Hung urban zone.
Vinamilk has also decided to issue over 8.85 million shares, representing a 5% stake in the company, on the Singapore stock exchange.
Source: VNA
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