VPMilk

What VPMilk does

VPMilk (Công ty Cổ Phần VPMilk) is a privately held Vietnamese dairy company founded in 2014 and headquartered in District 7, Ho Chi Minh City, with a regional office in Hanoi and two production facilities (Kambute Đơn Dương and Tu Tra Đơn Dương) on the Đà Lạt plateau in Lâm Đồng province. The company manufactures and distributes pasteurized fresh milk, sterilized milk, yogurt, and nutritional milk supplements under sub-brands including Đà Lạt True Milk, True Yogurt, Grow+, Nutrimalt, IQLAC, IQLAC Pro, and IQLAC Colostrum, and is the exclusive Vietnamese distributor of Korea's Namyang XO line (including XO MOM pregnancy formula). Manufacturing runs through closed-system pasteurization and UHT processing certified to ISO 22000:2018, FSSC 22000, BRC, FDA, HALAL, KOSHER, USDA-NOP, EU-ORGANIC, and additional social and environmental standards.

VPMilk operates an omnichannel go-to-market: modern trade (Co.opmart, Big C, Lotte Mart, Vinmart), a traditional trade agent/dealer network covering all 63 provinces of Vietnam, owned VPMILK strategic stores in cities including Bà Rịa-Vũng Tàu, Quy Nhơn, Biên Hòa, and Hanoi, and e-commerce via vpmilk.vn, vpmilkcare.vn, Shopee, Lazada, and TikTok Shop. Marketing combines social media (Facebook, Zalo OA, YouTube, Instagram, TikTok), event participation such as Vietnam Dairy 2026 and Cambodia's Chol Chnam Thmey 2026 (Gold Sponsor), brand ambassador Park Hang-seo, and the VPMilk Club QR-scan loyalty program. Revenue is generated through B2C unit-priced product sales across this channel mix, with the primary customer persona being Vietnamese families with children aged 1+, supplemented by expecting mothers (XO MOM) and general dairy consumers.

The company is organized through wholly owned subsidiaries Công ty TNHH VP F&B (Namyang milk and IQLAC) and Công ty cổ phần Sữa Chuyên Nghiệp Việt Nam, indicating a holding-style structure supporting both proprietary manufacturing and exclusive distribution of third-party Korean brands. Ownership is concentrated among founding shareholders with no identified institutional investors or private equity backing; financial profile is unlevered and undisclosed.

Name

VPMilk

Legal name

Công ty Cổ Phần VPMilk

Website

https://vpmilk.vn

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

VPMilk is a Vietnamese dairy company founded in 2014 that manufactures and distributes pasteurized milk, sterilized milk, yogurt, and nutritional supplements from Đà Lạt plateau facilities across all 63 provinces of Vietnam, serving families with children and expecting mothers through modern trade, traditional agents, and e-commerce channels.

Ownership category

akta.pro rank

Product category

Dairy Products

NAICS

Fluid Milk Manufacturing (311511), Dairy Product (except Frozen) Manufacturing (31151), Dairy Product Manufacturing (3115)

SIC

Dairy Products (2020), Food And Kindred Products (2000)

akta.pro primary industry

Consumer Packaged Fluid Milk (White Milk) Processing (AFAHAAAA)

akta.pro secondary industries

UHT/Aseptic Fluid Milk Processing (AFAHAAAD), Yogurt & Cultured Dairy (Yogurt, Kefir, Sour Cream, Cottage Cheese) (CRADACAB), Infant Formula & Specialized Dairy Nutrition Manufacturing (AFAKAKAJ)

Keywords

• Dairy products manufacturing
• Pasteurized fresh milk
• Nutritional milk supplements
• Children nutrition products
• Yogurt production

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. B2C Product Sales: Sale of milk, yogurt, and nutritional supplement products directly to consumers through retail stores, supermarkets, e-commerce platforms, and traditional trade channels across Vietnam

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

VPMilk manufactures and sells pasteurized fresh milk, UHT/sterilized milk, yogurt, and nutritional milk supplements for children and pregnant women. The company operates its own production facilities in Lam Dong province, sources 100% of fresh milk from dairy farms on the Đà Lạt plateau, and distributes finished dairy products across Vietnam via modern trade, traditional trade, e-commerce, and own retail stores.

Product overview

VPMilk is a Vietnamese dairy company offering a diverse portfolio of milk and dairy products. The core product lines include VPMILK Grow+ (sterilized milk for children with K2-D3-Calcium, Omega 3/6 formulations), VPMILK Nutrimalt (cocoa barley malt milk drink with 14 vitamins), and VPMILK Đà Lạt True Milk (pasteurized fresh milk and yogurt from Dalat Plateau). Additional offerings include IQLAC COLOSTRUM and IQLAC Pro nutritional milk for children, XO MOM pregnancy milk, and distributed Korean NAMYANG/XO products. The company operates e-commerce through vpmilkcare.vn and maintains customer engagement via the VPMilk Club loyalty program. Products are manufactured at ISO 22000:2018 certified facilities with FSSC 22000, BRC, FDA, HALAL, KOSHER certifications.

Differentiator

Problem solved

Functional benefit

Brands

• Grow+: Sterilized milk product line for children, available in sweetened, less sweetened, and strawberry flavors
• Nutrimalt
• Đà Lạt True Milk
• True Yogurt
• IQLAC COLOSTRUM
• XO MOM

Products and services

• VPMILK Grow+

Quantifiable outcome

• VPMilk recognized in Top 10 Thương hiệu Hàng đầu Việt Nam 2025
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Namyang (Hàn Quốc)coreStrategic or Co-development PartnerVPMilk serves as the exclusive distributor and brand manager of Namyang's XO product line in Vietnam. XO is a Korean pregnancy and maternal milk brand distributed exclusively by VPMilk, with products including XO MOM formulated with Iron, Lactoferrin, FOS, and Calcium for expecting mothers. The partnership enables VPMilk to offer premium Korean-formulated nutritional products to Vietnamese consumers.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TH True Milk: Second-largest Vietnamese dairy player, strong in fresh milk and UHT with its own highland dairy farm system. Directly comparable to VPMilk's Đà Lạt-sourced fresh milk positioning and nationwide distribution model.
• IDP (International Dairy Products JSC): Vietnamese dairy company producing UHT milk, yogurt, and ice cream under brands like KUN and MOM. Overlaps with VPMilk's UHT and yogurt categories.
• Nutifood: Vietnamese dairy and nutrition company with a strong portfolio in growing-up milk, pediatric nutrition, and fortified dairy — overlapping directly with VPMilk's Grow+, IQLAC, and Nutrimalt ranges.
• Vinamilk: Vietnam's largest dairy company with a full portfolio of fluid milk, yogurt, condensed milk, and nutritional products. Direct competitor for VPMilk across fluid milk, yogurt, and UHT categories in modern trade and traditional trade.
• Dalatmilk: Vietnamese dairy company based in the Đà Lạt region producing fresh milk, UHT, and yogurt. Direct geographic and product peer to VPMilk's Đà Lạt True Milk range.
• Mộc Châu Milk: Vietnamese dairy company with a highland-plateau farm narrative (Mộc Châu) and a portfolio spanning fresh milk, yogurt, and UHT. Closely comparable to VPMilk in both product set and highland-origin branding.

Broad incumbents

• Abbott Nutrition Vietnam: Multinational nutritional products company with PediaSure, Grow, and Ensure lines sold through pharmacies and modern trade in Vietnam. Competes with VPMilk's Grow+ and IQLAC in pediatric nutrition but at a broader scale.
• Mead Johnson Nutrition (Reckitt) Vietnam: International pediatric nutrition brand (Enfagrow, Enfa) with a strong presence in Vietnam's growing-up milk category. Competes with VPMilk's Grow+ and IQLAC Pro in the higher-end pediatric nutrition tier.
• FrieslandCampina Vietnam: Dutch dairy multinational active in Vietnam with UHT milk, condensed milk, and growing-up milk lines (Dutch Lady, Friso). Closely competes in the school-aged child nutrition segment where VPMilk Win+/Grow+ operates.
• Nestlé Vietnam: Multinational FMCG with major dairy and child-nutrition brands (e.g., Milo, Nestlé Pure Life, Lactogrow) in Vietnam. Competes against VPMilk in flavored milk and growing-up milk but as part of a much larger portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCnV4zPLUKIGq1k-NTAls5vg
• Facebookfacebook.com/vpmilk
• Instagraminstagram.com/vpmilkvn
• TikToktiktok.com/@vpmilk
• LinkedInlinkedin.com/company/vp-milk

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VPMilk