Vietnam produced 148 million litres of fresh milk in October, up 6.79 percent from 139 million litres in September, according to the latest data from the National Statistics Office.
Production in the first ten months of 2025 reached 1.39 billion litres, an increase of 2 percent compared with the same period last year.
Vietnam dairy imports
Vietnam imported milk and milk products to the tune of US$102 million in October up 2.12 percent over September, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$1,163 million worth of milk and milk products by the end of October.
Listed dairy companies
Mộc Châu Milk JSC
Mộc Châu Milk JSC (MCM) produces and distributes fresh milk, yoghurt, and dairy products sourced from Moc Chau Plateau.
MCM closed at VND 27,350 on Friday down 0.05 percent with 687,000 shares traded, worth VND 1,874 million.
Foreign ownership in MCM is currently capped at 100.0 percent, with current foreign ownership sitting at 0.0 percent.
Vietnam Dairy Products JSC
Vietnam Dairy Products JSC (VNM) manufactures and distributes milk and dairy products under the Vinamilk brand.
VNM closed at VND 57,600 on Friday down 0.4 percent with 32,511,000 shares traded, worth VND 188,647 million.
Foreign ownership in VNM is currently capped at 100.0 percent, with current foreign ownership sitting at 49.0 percent.
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Vietnam’s milk industry
Vietnam’s fresh milk industry has grown rapidly over the past two decades, driven by rising incomes and changing consumer preferences.
Major domestic producers such as Vinamilk, TH True Milk, and Moc Chau Milk have invested heavily in expanding dairy farms, adopting advanced breeding technologies, and improving cold-chain logistics.
The industry, however, faces challenges from high feed costs, climate risks, and competition from imported dairy products.
Efforts are ongoing to improve productivity, promote sustainable practices, and develop value-added products such as organic and fortified milk to strengthen Vietnam’s position in the regional dairy market.