Del Monte Philippines, Inc. has forged a strategic alliance with Vietnam Dairy Products JSC. DMPI and Vinamilk entered into a joint venture to expand into the dairy sector in the Philippines with both companies contributing 50% of the total investment capital. The joint venture will import dairy products from Vinamilk, and market and distribute them in the Philippines through DMPI. The joint venture will co-brand its products and leverage the strong brand equity of Del Monte in the country. The joint venture will combine the strengths of Del Monte and Vinamilk, leveraging Vinamilk's technical and manufacturing expertise for developing value-added product offerings anchored on quality, health and functional benefits, while also leveraging the brand and extensive distribution network of DMPI in the Philippines.