Vinamilk is one of the largest dairy companies in Vietnam. In 2019, Vinamilk maintained its leading market share in Vietnam's dairy industry against competition and rising costs. Total revenue was VND 56,392 billion and profit after tax was VND 10,543 billion, exceeding annual guidance. Vinamilk launched nearly 20 new products and expanded exports and foreign operations which grew over 15-25%. Vinamilk is building large dairy farms in Vietnam and Laos to meet increasing demand.