Vietnam Dairy Products stock plans 8,000 more cattle
Published on 10/08/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVietnam Dairy Products (ISIN VN000000VNM8) was trading at VND 57,900 on the Ho Chi Minh Stock Exchange on October 8, 2026, with the dairy group planning to add 8,000 cattle to its farm system. Vietnam Market Insights reported the expansion plan on October 7, 2026.
Vinamilk expands milk supply
The planned cattle addition is aimed at supporting fresh milk supply in the coming years. The same company update said Vinamilk's fresh milk supply had already exceeded projected demand through 2027, connecting the farm investment with a longer operating horizon.
That expansion comes as the business enters its 50th year with products sold in 65 countries and territories, according to the company information carried by Vietnam Market Insights.
Second-quarter profit rises 28 percent
Vietnam Dairy Products reported second-quarter 2026 net revenue of VND 18.85 trillion, up 12.7 percent from the year-earlier quarter, while net profit after tax reached VND 3.18 trillion, up 28 percent. The figures were published in the company's quarterly financial data on 24HMoney.
Gross profit was VND 8.20 trillion in Q2 2026, producing a 43.5 percent gross margin against 42.0 percent in Q2 2025. The comparison matters because the cattle plan requires capital, while the latest results show that revenue growth was accompanied by wider gross profitability.
Analysts set a VND 74,674.6 target
The analyst consensus published by Investing.com was Buy on October 8, 2026, based on 12 analysts. Its average 12-month target was VND 74,674.6, with a high estimate of VND 87,900 and a low estimate of VND 60,000.
Against the VND 57,900 market price, the average target lies 29.0 percent above the price. That gap gives the farm expansion a valuation context, but the operating test remains whether demand and margins hold after the strong second quarter.
Stock trades above its yearly low
Vietnam Dairy Products had a 52-week range of VND 54,600 to VND 75,500 on October 8, 2026, and a market capitalization of VND 120.8 trillion. The share price was 0.17 percent below the previous close of VND 58,000, placing the stock 5.1 percent above its 52-week low.
Vietnam Dairy Products stock details
- Company: Vietnam Dairy Products Joint Stock Company
- ISIN: VN000000VNM8
- Ticker: VNM
- Trading venue: Ho Chi Minh Stock Exchange
- Price (as of October 8, 2026): VND 57,900
- Market capitalization: VND 120.8 trillion (as of October 8, 2026)
- 52-week range: VND 54,600-VND 75,500 (as of October 8, 2026)
- Sector / Industry: Consumer staples / Food and dairy products
Upcoming dates for Vietnam Dairy Products stock
- October 30, 2026: Disclosure of third-quarter 2026 financial statements
