Ocean Road Dairies™ clears Vietnam re-registration, shipments set for November
Australian Dairy Nutritionals (ASX: AHF) has received regulatory approval to resume sales of its Ocean Road Dairies™ infant formula in Vietnam, following a revised formulation re-registration. The approval was confirmed by the company’s Vietnamese distribution partner, Dunamex.
Sales of Ocean Road Dairies™ into Vietnam had been suspended from September 2025 after changes to Vietnamese Government registration requirements. The revised formulation was developed specifically to meet those updated requirements, with re-registration completed through the combined efforts of the AHF team and Dunamex.
Production of the revised formulation is scheduled to commence on 19 October 2026, with shipments to Vietnam expected to resume in the first week of November 2026.
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What Vietnam re-registration means for investors
Why the channel went dark — and how it came back
It was triggered by updated Vietnamese Government registration requirements that necessitated a revised formulation before the product could legally re-enter the market.
Regulatory re-registration is a standard requirement in many Asian markets for infant formula products when a formulation changes, or when government standards are updated. Navigating this process can take many months, involving government agencies and local distribution partners who understand the regulatory environment. In this case, the process was completed through the coordinated efforts of AHF and Dunamex.
Vietnam as a strategic pillar
Ocean Road Dairies™ was launched in Vietnam in 2024. Growing the brand in Vietnam through Dunamex’s distribution capability, without significant additional investment, is listed as one of the five priorities in AHF’s shareholder value creation plan.
The restored channel is positioned as complementary to the company’s core China strategy for its Future™ brand. AHF’s dual-market approach is structured as follows:
The Vietnam channel restoration runs alongside AHF’s China infant formula expansion, which attracted $3.47 million in fresh capital earlier in 2026 with the majority of funds directed at working capital for the Future brand’s growth in that market.
- Vietnam: Ocean Road Dairies™ brand, distributed via Dunamex
- China: Future™ brand (core focus)
CEO commentary and production timeline
Mahi Sundaranathan, Chief Executive Officer
“We are very pleased to have received approval for the re-registration of Ocean Road Dairies™ in Vietnam. This was a long process, and I would like to thank our team and our partner Dunamex for their persistence and commitment. With production starting this month and shipments from early November, we look forward to building on the momentum of the Ocean Road Dairies™ brand in Vietnam.”
The following timeline outlines what happens next:
- Revised formulation approved by Vietnamese authorities
- Production commences — 19 October 2026
- Shipments resume — first week of November 2026
- Vietnam sales channel re-established via Dunamex
AHF has stated it is not yet able to estimate the financial impact of this development. Nonetheless, the company described the re-registration as strategically significant, given it re-establishes a suspended export channel that had been inactive since September 2025.
AHF’s FY26 working capital facility, a $1.5 million secured loan from RELI Capital Ltd backed by the Yaringa dairy farm, was arranged to support operations across the vertically integrated group as it pursued both the Vietnam re-registration and China growth simultaneously.
About Australian Dairy Nutritionals
Australian Dairy Nutritionals Group is a vertically integrated dairy group, operating organic and organic A2 protein dairy farms in southwestern Victoria alongside an infant formula processing facility in Camperdown. Ocean Road Dairies™ is Australia’s first Organic A2 protein infant formula made with farm-fresh Australian milk, produced at the company’s own manufacturing facility.
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