In 2014, the turnover of Vietnam Milk joint stock company (Vinamilk) only reached over 98% of the plan that the General Assembly of shareholders (ĐHĐCĐ) was approved despite an increase of 13% compared to the year 2013. One of the causes leading to this result is due to the price pressure from the ceiling price of milk in June 2014. In particular, from June 2014, the price of milk for children under 6 years old ceiling price pressure has affected revenues and profits as well as certain influence to the shopping behavior of consumers. Sales of the milk powder under 6 years were deducted from 30 to 33%, and as the sale as possible. In the text of 3160/CV-CTS. KT/14 signed on 31-7 on the report, the best business results second quarter-2014, Vinamilk has reported more reasons in the past quarter, the company made in accordance with decision No. 1079/QD-BTC dated 20-5-2014 due to the Ministry of Finance issued about the price ceiling for milk for children under 6 years of age lead to revenue increases slower than the speed increase of the price of capital.
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