Vietnam Dealbook: Vinamilk buys out Driftwood Dairy; FDI disbursement reaches $5.8b

Vietnam Dealbook: Vinamilk buys out Driftwood Dairy; FDI disbursement reaches $5.8b

Visual from Vinamilk website

Dairy company Vinamilk will purchase the remaining 30 per cent stake in US subsidiary Driftwood Dairy after the Vietnamese firm acquired the latter in 2014. Meanwhile, foreign direct investment (FDI) in the country continued to grow in the first five months of 2016, seeing increases in both disbursement and pledged capital.

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