What is the payout ratio for Vinamilk?

Could you please clarify what you mean by the payout ratio for Vinamilk? Are you referring to the dividend payout ratio, which is the proportion of earnings that the company pays out to its shareholders as dividends? Or are you referring to some other form of payout? If it's the dividend payout ratio you're asking about, it would be helpful to know the specific time period you're interested in, as this ratio can vary over time. Additionally, it's important to note that Vinamilk's dividend policy may be influenced by various factors, such as the company's financial performance, industry trends, and regulatory requirements.