Vinamilk's revenue in the first quarter of 2026 increased by 24,6%.

Domestic market booms, exports overcome Middle Eastern "firewall".

Vinamilk's Q1 business results report shows consolidated net revenue reached VND 16.149 billion, a 24,6% increase compared to the same period last year. Consolidated domestic net revenue in Q1 reached VND 12.080 billion, a 20,4% increase compared to the same period last year. This is the main driving force behind Vinamilk's growth after the restructuring of its distribution system (implemented from Q1 2025) has now been largely completed.

All major sales channels recorded double-digit growth compared to the same period in 2025. Besides traditional channels, Vinamilk has completed the repositioning of 800 stores according to the new brand identity and aims to reach 1.000 Vinamilk stores in 2026, covering 100% of provinces and cities nationwide. Notably, the company also opened a flagship store in Phnom Penh, Cambodia.

Meanwhile, consolidated net revenue from overseas markets reached VND 4.069 billion, a 39,1% increase year-on-year. The Middle East market continued to record stable growth during the recent period of volatility. This demonstrates the demand for Vinamilk's essential nutritional products and affirms customer trust in the brand's quality and reputation.

On the other hand, Vinamilk has been flexible and proactive in responding to ensure the continuity of its supply chain, such as establishing alternative transportation routes and having escort vessels. Despite increased transportation costs, the company remains committed to standing alongside its customers during this difficult period. This effort aims to maintain the brand's sustainable presence, ensure product supply in the market, and strengthen long-term partnerships with international partners.

Continue to "nurture" the new product.

The strong business results in the first quarter of 2026 were significantly contributed by key product lines, which serve as the foundation for Vinamilk's sustainable growth. In particular, liquid milk showed a positive recovery, especially the 100% fresh milk line, thanks to continuous efforts to improve quality. New products also made remarkable progress, experiencing double-digit growth, such as Green Farm and plant-based milks.

Vinamilk is a pioneering brand creating new consumer trends with its high-protein and premium protein product lines, which are being well-received and favored by consumers. Recently, Vinamilk products have also followed the trend of reduced sugar, less sweetness, and more diverse flavors; while optimizing nutritional content across its entire product range.

According to Mr. Nguyen Quang Tri, Marketing Director of Vinamilk, in 2024-2025, Vinamilk continuously launched and improved new products, and in 2026, it will continue to "nurture" these new products after their successful market launch. By pioneering the standardization of nutritional trends, Vinamilk continues to affirm its leading role in the domestic market.

At the end of the first quarter of this year, Vinamilk's 100% fresh milk product line launched a multi-flavor "collection" for children, allowing them to freely choose their favorite flavor.

In addition, the company continues to diversify the uses of milk to serve the needs of professional culinary and beverage preparation (most recently, the Whipping Cream product line); and develop specialized nutritional products for adults such as Sure Calcium Pro, Sure Gold, and Sure Diacerna.