​Vinamilk to shut down its Cambodian office | Phnom Penh Post

Vinamilk to shut down its Cambodian office

Business

Publication date
29 February 2016 | 07:05 ICT

Reporter : Post Staff

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Vietnamese dairy giant Vinamilk will shut down its representative office in Cambodia when its licence expires on March 5, it said in a disclosure document to the HSX late last week.

The office opened in 2014 after the company obtained an investment licence to build a $23 million manufacturing plant in Phnom Penh, part of a joint venture with Cambodia’s Angkor Dairy Products Co Ltd.

Vinamilk did not provide a reason for closing the office or indicate its plans for the dairy factory in the disclosure document.

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