Vinamilk had last month signed a contract with Top Most Enterprise Co, a Thai local company, to distribute its dairy products in the lucrative market estimated to be worth US$1.7 billion annually.The company launched Vinamilk yoghurt in the Thai market at selected modern retail chains such as Lawson convenience stores and The Mall and Foodland supermarkets four months ago.Market analysts have said Vinamilk has huge potential in the local market because consumption per capita of yoghurt is low in Thailand compared with other countries.After yoghurt, Top Most Enterprise Co had previously announced plans to launch Vinamilk UHT milk.