- Producing and trading canned milk, powdered milk, nutrient flavor, cakes, fresh milk, soya milk, beverages and products from milk.

- Producing and trading wine, beer, food and many types of coffee.

- Raising dairy cows, providing dairy breeds and breeding techniques.

- Other under business license.

- 1976: Southern Coffee - Dairy Company, a former of Vinamilk, was established in 1976 under Foods General Directorate;

- 1978: Renamed as The United Enterprises of Milk Coffee and Cookies and Candies I;

- 1989: Dielac Powdered Milk Factory came into operation;

- 1991: The "white revolution" started the development of fresh milk material zone. For the first time, UHT milk products and yoghurt were launched in the Vietnam market;

- March 1992: The United Enterprises of Milk Coffee Cookies and Candies I was formally renamed as Vietnam Dairy Company;

- 1994: Built the Hanoi Dairy Factory;

- 2003: Built the Can Tho Dairy Factory;

- November 2003: Changed to the joint stock company and officially renamed as Vietnam Dairy Products Joint Stock Company (Vinamilk);

- April 2004: Acquired Saigon Milk Joint Stock Company (Saigon milk), increased charter capital to VND1,590 billion;

- January 19, 2006: Vinamilk's stock was listed on HOSE;

- September 2010: Vinamilk was honoured by Forbes Asia for its " Top 200 Best Under A Million" in Asia 2012. This was the first and unique a Vietnamese company was honoured in the list of Forbes Asia.

- June 2012: Da Nang Dairy Factory came into operation;

- October 21, 2013: Thong Nhat Thanh Hoa Dairy Cow Ltd Company was granted business registration certificate by the Department of Planning and Investment of Thanh Hoa province. Vianmilk holds 96.33% of charter capital;

- 2014: Established AngkorMilk with the ownership of 51% capital in Cambodia and established Vinamilk Europe Spostkaz Ograniczona Odpowiedzialnoscia in Poland the ownership of 100% capital;

- 2016: Contributed capital as 18% of APIS Joint Stock Company to expand and develop Vinamilk's value chains of products and established a representative office in Thailand;

- 2017: Established Cu Chi Raw Milk Center, invested in sugar sector through acquisition of 65% shares of Vietnam Sugar Joint Stock Company (formerly known as Khanh Hao Sugar Joint Stock Company) and contributed capital to to acquire 25% shares of Asia Coconut Processing Joint Stock Company; 

- October 12, 2018: Increased the charter capital to VND17,416,877,930,000;

- 2019: Acquired 75% shares of GTNFoods Joint Stock Company, through which VNM can participate in management and operation of Moc Chau Milk Joint Stock Company; 

- October 26, 2020: Increased the charter capital to VND20,899,554,450,000;