Vietnam imported milk and milk products to the tune of US$106 million in November, up from US$102 million in October, a change of 3.18 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$1,269 million worth of milk and milk products by the end of November.
New Zealand accounted for US$35 million worth of Vietnam’s milk and milk products imports in November. This was up from US$27 million in milk and milk products imports in October, a change of 29.72 percent. Year to date, New Zealand has shipped US$374 million worth of milk and milk products to Vietnam.
After New Zealand was Ireland making up US$10 million worth of Vietnam’s milk and milk products imports in November. This was up from US$5 million in milk and milk products imports in October, a change of 96.06 percent. Year to date, Ireland has shipped US$66 million worth of milk and milk products to Vietnam.
Next was Australia contributing US$9 million worth of Vietnam’s milk and milk products imports in November. This was down from US$11 million in milk and milk products imports in October, a change of 18.45 percent. Year to date, Australia has shipped US$110 million worth of milk and milk products to Vietnam.
Following Australia was the USA representing US$8 million worth of Vietnam’s milk and milk products imports in November. This was up from US$8 million in milk and milk products imports in October, a change of 3.39 percent. Year to date, USA has shipped US$110 million worth of milk and milk products to Vietnam.
Rounding out the top five was Thailand constituting US$5 million worth of Vietnam’s milk and milk products imports in November. This was up from US$5 million in milk and milk products imports in October, a change of 3.06 percent. Year to date, Thailand has shipped US$60 million worth of milk and milk products to Vietnam.
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Vietnam imports of milk and milk products in November, US$m
| November | October | MoM | YTD | |
| Total | 105.51 | 102.26 | 3.18% | 1,268.61 |
| Other | 21.16 | 25.41 | -16.74% | 301.80 |
| New Zealand | 35.24 | 27.17 | 29.72% | 374.20 |
| Ireland | 9.91 | 5.06 | 96.06% | 66.45 |
| Australia | 8.60 | 10.54 | -18.45% | 110.14 |
| USA | 8.36 | 8.09 | 3.39% | 110.07 |
| Thailand | 5.06 | 4.91 | 3.06% | 60.03 |
| Malaysia | 4.00 | 4.77 | -16.12% | 47.83 |
| Germany | 3.37 | 3.38 | -0.25% | 73.49 |
| Poland | 3.33 | 4.25 | -21.64% | 33.58 |
| Singapore | 3.31 | 4.21 | -21.32% | 52.27 |
| Japan | 3.16 | 4.48 | -29.30% | 38.75 |
| Netherlands | 3.11 | 2.07 | 50.37% | 41.62 |
| France | 2.59 | 2.90 | -10.95% | 48.78 |
| South Korea | 1.97 | 1.80 | 9.67% | 22.33 |
| Belgium | 1.81 | 1.60 | 12.86% | 37.56 |
| Switzerland | 1.50 | 3.10 | -51.41% | 23.17 |
| Spain | 1.13 | 1.57 | -28.25% | 13.38 |
| Lithuania | 1.09 | 0.60 | 80.44% | 7.57 |
| Denmark | 0.66 | 0.81 | -18.14% | 7.34 |
| Armenia | 0.00 | 0.00 | 0.00% | 0.04 |
| Philippines | 0.00 | 0.00 | 0.00% | 0.16 |
Listed milk and milk products companies
These companies are listed on the Ho Chi Minh City Stock Exchange.
Moc Chau Milk JSC
Moc Chau Milk JSC (MCM) produces and distributes fresh milk, yoghurt, and dairy products sourced from Moc Chau Plateau.
MCM closed at VND 26,350 on Wedneday up 0.1 percent with 78,000 shares traded, worth VND 205 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 61,200 on Wedneday down 0.6 percent with 18,796,000 shares traded, worth VND 115,570 million.
Foreign ownership in VNM is currently capped at 100.0 percent, with current foreign ownership sitting at 50.7 percent.
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Vietnam milk industry news
Recent industry news includes:
Thai dairy factory in southern Vietnam
Thai dairy brand Betagen took a step toward building its first factory in Vietnam by signing a long-term land-lease contract in Dong Nai lasting until 2062.
Vietnam–Russia dairy cooperation
Vietnam’s Thai Huong, the head of dairy producer TH Group, has received Russia’s Order of Friendship for her role in bilateral food-security projects. Her US$2.7 billion (VND 71.1 trillion) investment includes dairy farms and plants in several Russian regions.
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Vietnam’s milk industry
Vietnam’s milk industry has expanded rapidly over the past decade as domestic demand for dairy products rises.
Major producers have invested in modern farms and processing facilities to reduce reliance on imported raw milk.
However, imported fresh milk and powder are still used to meet consumption needs, particularly in urban markets.
Rising incomes and changing consumer preferences are driving stronger demand for premium and traceable dairy products.