Vinamilk, the largest dairy company in Vietnam, will own 51 percent of the new firm, Vinamilk – Kido Beverage Joint Venture Company (Vibev), and Kido the rest, the latter announced on Tuesday. Kido Foods is a subsidiary of KIDO Group. KDC said its first products would be introduced soon, possibly in the third quarter. Furthermore, consumer habits are changing, forcing companies to adjust their business models, she said. He is also a member of the board in other large Vietnamese corporations (Sabeco Brewery). — VNS Photo Food producer KIDO Group (KDC) announced on Tuesday it is entering the beverage industry by setting up a joint venture with dairy giant Vinamilk. Bittnet Group reaches RON 100 million market cap, PRESS: Mail.Ru Group to enter global cloud market with Disk-O, Asda first-quarter sales fall as it explores stock market float, U3A group enthralled by explorer's adventures, Purplebricks to quit US market as annual losses widen, Cool-down in global trade tensions spur London markets higher, Dovish Fed comments drive European markets higher, kohl's explores acquisition of at home group, coca cola market share in beverage industry, Auto manufacturers manage to retain workers, VADFCO fertilizer products nutritious for plants and soil, Vietnam considering flights from ‘safe’ areas, bars to reopen: PM, Visit Na Hang Lake – a smaller version of Ha Long, NA Chairwoman attends rehearsal for AIPA-41, Sự sợ hãi – trích chương 56, Cuộc đời của Pi, Yann Martel, Những giải thưởng văn học lớn trên thế giới, Trích đoạn: Lời nguyện cầu từ Chernobyl – Svetlana Alexievich, “GONE GIRL: CÔ GÁI MẤT TÍCH” – GILLIAN FLYNN, Nhà khoa học Nhật Bản đoạt giải Nobel y học năm 2016, Giải Nobel y học 2016 trao cho nhà khoa học Nhật ​Yoshinori Ohsumi, Mấy cuốn ấn tượng nhất trong tất cả những gì mình đã từng đọc – Arsene Lupin, Top 10 manga mình thích nhất – TheLegend88. At the meeting on June 9, Tran Le Nguyen, General Director of KIDO Group, announced that more member companies, including Tuong An Vegetable Oil Joint Stock Company (TAC), Vietnam Vegetable Oils Industry Corporation (Vocarimex) and Kido Foods, would merge with the KIDO Group. Vinamilk has been licensed to export dairy products... Vinamilk will export milk products to South Korea, Vinamilk completes acquisition of Moc Chau Milk, Vinamilk acquires majority stake in competitor. Footwear exports this year are unlikely to hit the target of US$24 billion because of the fallout of the Covid-19 pandemic. Sharing about the joint venture, Mai XuânTrầm, deputy general director of KDC, said the mission of the new company would be to build strong brands for Vietnamese beverages and offer consumers a wide choice of modern tastes while ensuring nutrition, quality and safety.