Vinamilk

Vinamilk is the brand of Vietnam Dairy Products JSC (Công ty Cổ phần Sữa Việt Nam), founded in 1976 and listed in Ho Chi Minh City since 2006 (ticker VNM); its largest shareholders are the state investor SCIC and the F&N group. It makes about 250 products (2023) — liquid milk, yoghurt, condensed milk and milk powder — under names such as Green Farm, Probi, Dielac, Ông Thọ and Ngôi Sao Phương Nam. NielsenIQ put it first in 2021 for liquid milk, sweetened condensed milk and drinking yoghurt. In 2025 its revenue was VND 63,724 billion, 7,105 billion of it from exports, and its products were sold in 65 countries and territories; in October 2026 it ran 16 factories and 15 farms.

Of the 8 Vinamilk products Yenzo has checked, 3 are rated “Good” and 5 “Moderate”. What most often pulls a rating down is ultra-processing (7 products), then sugar (6) and fat (4). The plus points that come up most on the labels: low in salt (7), low in saturated fat (2) and low in fat (2). 5 of the 8 have no additive at a moderate or high level. In plant-based milk it scores best (3 of 3 rated “Good”), while most of its yogurt and fermented milk products are rated “Moderate”. The highest ratings go to the Super Nut and Goldsoy lines.