Fresh milk production in Vietnam up 8.97 percent in February / year-on-year -1.51, YTD +1.90

Vietnam produced 138.96 million litres of fresh milk in February, up 8.97 percent from 127.52 million litres in January, according to the latest data from the National Statistics Office.

Year-to-date output reached 266.48 million litres by the end of February.

Listed milk companies

Key milk firms listed on the Vietnam stock exchange include:

Moc Chau Milk JSC (MCM)

Moc Chau Milk JSC (MCM) produces and distributes fresh milk, yoghurt, and dairy products sourced from Moc Chau Plateau. (MCM)

In February, MCM shares moved from 27.40 to 27.20, a change of -0.20 (-0.01 percent).

Foreign ownership moved from 1,099,693.80 to 1,099,704.80, a change of 11.00 (0.00 percent).

Vietnam Dairy Products JSC (VNM)

Vietnam Dairy Products JSC (VNM) manufactures and distributes milk and dairy products under the Vinamilk brand. (VNM)

In February, VNM shares moved from 70.60 to 68.20, a change of -2.40 (-0.03 percent).

Foreign ownership moved from 10,382,152.42 to 10,364,809.38, a change of -17,343.04 (0.00 percent).

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Vietnam’s milk industry

Vietnam’s milk industry has expanded steadily over the past decade, driven by rising incomes, urbanisation, and shifting consumer preferences toward packaged dairy products.

Domestic production remains limited relative to demand, with local farms constrained by land, climate, and feed costs, leading to continued reliance on imported milk powder and inputs.

The market is dominated by a small number of large domestic and foreign-invested firms, with strong competition across fresh milk, powdered milk, and value-added dairy segments.

Growth is increasingly concentrated in higher-margin products such as flavoured milk, yoghurt, and nutritional formulas, supported by branding and distribution advantages.

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Vietnam milk industry news

Dairy imports February

Vietnam imported milk and milk products to the tune of US$133 million in February, down from US$133 million in January, a change of -0.18 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→

The data

Vietnam fresh milk production February 2026