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Business

Vietnam companies adopting global standards to boost exports

Collapse of TPP is prompting strategic changes across a wide range of industries

Vinamilk is seeking to boost exports of dairy products from its organic farm.

HANOI -- Vietnamese companies are introducing globally recognized standards in search of business opportunities in the world market amid the uncertain outlook for the Trans-Pacific Partnership trade pact.

The country's largest dairy company, Vietnam Dairy Products (Vinamilk), has opened Vietnam's first organic farm that complies with European standards. Leading beverage company Tan Hiep Phat has also followed suit, equipping its plant in Quang Nam Province with advanced hygiene control technology from Europe.

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