HO CHI MINH CITY -- Vietnam Dairy Products says that its overseas operations were hit by a halt in its exports to the Middle East due to geopolitical conflict there.
Despite recording a 8.9% rise in total sales at 51 trillion dong ($2.23 billion) for 2017, the company, better known as Vinamilk, reported a 14.2% decline in revenue from overseas. It said that net profit grew 9.7% to 10.27 trillion dong.