Domestic recovery, international growth stable
The domestic business sector recorded net revenue of VND13,614 billion, an increase of VND82 billion over the same period. These results came from the efficiency of distribution, marketing and digital transformation activities. In addition, the growth momentum also came from the increasing trust of consumers in reputable dairy products.
Meanwhile, foreign net revenue reached VND3,111 billion, equal to the same period.
Accumulated in the first 6 months of 2025, total consolidated revenue reached VND 29,710 billion, completing 46.1% of the yearly plan; with domestic and foreign net revenue reaching VND 23,624 billion and VND 6,035 billion, respectively.
Innovating products and “changing the look” of stores with a new brand identity helps Vinamilk reach consumers better, positively impacting business results. Photo: Nguyen Phuong
According to Ms. Mai Kieu Lien - General Director of Vinamilk: “Although the second quarter of 2025 witnessed many domestic and international macroeconomic fluctuations, Vinamilk has demonstrated its ability to adapt effectively by restoring domestic business growth while maintaining export growth, thereby bringing total consolidated revenue to a new peak. We expect to continue to grow in the remaining 6 months of 2025, aiming to achieve the highest level of the business plan approved by the General Meeting of Shareholders.”
Vinamilk's Q2/2025 gross profit margin reached 42.0%, up 170 basis points (bps) compared to the previous quarter thanks to improved sales scale. Accumulated for the first 6 months of 2025, this index reached 41.2%. Consolidated profit after tax (NPAT) in Q2/2025 reached VND 2,489 billion and accumulated for the first 6 months of 2025 reached VND 4,076 billion, completing 42.1% of the yearly plan and earnings per share reached VND 1,720.
Regarding exports, Vinamilk recorded record results in the second quarter of 2025 with net revenue reaching VND 1,887 billion, up 8.5% over the same period and continuing positive growth for the 8th consecutive quarter. In traditional markets, Vinamilk is gradually upgrading its product portfolio based on its strengths in the popular segment to enhance export value and brand. In high-end markets, Vinamilk recorded positive signals with double-digit revenue growth, contributing positively to the overall growth. Notably, Vinamilk is the pioneer enterprise licensed to export condensed milk products under the Southern Star brand to the Chinese market, opening up room for growth in Asia's largest consumer market.
Vinamilk meets and works with many partners from countries in Asia and Europe - America in international trade promotion activities. Photo: Vi Nam
In addition, the Company still devotes a lot of resources to developing new markets through more than 40 B2B networking events and international fairs in the first 6 months of the year. These efforts help Vinamilk increase the total number of cumulative export markets to 65. In the first 6 months of 2025, net export revenue reached VND 3,507 billion, up 15.5% over the same period.
Net revenue of foreign branches in Q2/2025 reached VND 1,223 billion and accumulated revenue in 6 months reached VND 2,528 billion.
Product innovation, affirming international position
In the first 6 months of 2025, Vinamilk continued to promote research and development activities with more than 70 newly launched and re-launched products. These products show outstanding steps in innovation of Vietnam's leading dairy enterprise. The products are developed to anticipate current consumer trends such as high-protein milk, plant-based milk, immune-boosting products, products that bring interesting experiences to young consumers, specialized nutritional products for the elderly, etc.
Promoting research and development activities and product innovation, Vinamilk pioneered the breakthrough of 6 HMOs in nutritional solutions for children. Photo: Nguyen Hoang
At the same time, a series of Vinamilk stores were also "renovated" with a new brand identity, which actively supported product introduction activities and directly connected with consumers.
According to the “Brand Footprint 2025” report released by Kantar in June 2025, Vinamilk continues to be the most chosen milk brand for 13 consecutive years thanks to its comprehensive innovation strategy and way of connecting with consumers, especially the younger generation. Brands such as Ong Tho, Ngoi Sao Phuong Nam, Probi and Susu are also in the top 10 most chosen milk brands by consumers, with Vinamilk Green Farm brand being rated as the outstanding brand of the year.
Vinamilk continues to be the only Vietnamese dairy company for the second consecutive year to be included in the Fortune 500 Southeast Asia 2025 rankings, recently announced by the leading US economic magazine - Fortune - in mid-June.
Vinamilk introduced many new products with breakthrough technology applications at the Global Milk Conference 2025. Photo: An Minh
In the international arena, Vinamilk was recently the only representative of Vietnam invited to share a speech at the 18th Global Dairy Congress 2025 in the Netherlands. The company made a great impression, proving that Vietnamese milk is on par with the world in applying science and technology in innovation and creativity, and won two main categories of the World Dairy Innovation Awards 2025: Best Yogurt (with Vinamilk Green Farm Greek high-protein yogurt) and Best Packaging Design (with Vinamilk Plant-Based Yogurt).
As the only and first speaker representing Vietnam at the Growth Asia Summit 2025, Vinamilk presented a paper on the breakthrough 6 HMOs - a milk formula that sets international nutritional standards for infant formula.
The results achieved confirm the strategy of "investing in science and technology to maximize the natural nutritional values of milk" from the Vietnamese milk brand with the 6th highest value globally.
The company still maintains its 2025 plan with total revenue of VND 64,506 billion (up 4.3% compared to 2024) and after-tax profit of VND 9,680 billion (up 2.4% compared to 2024).
NL
Source: https://baothanhhoa.vn/vinamilk-ghi-nhan-doanh-thu-quy-ii-dat-16-745-ty-dong-cao-nhat-tu-truoc-den-nay-256594.htm
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