Powdered milk production in Vietnam down 0.81 percent in December

Vietnam produced 14.24 thousand tons of powdered milk in December, down 0.81 percent from 14.36 thousand tons in November, according to the latest data from the National Statistics Office.

Year to date output reached 153.98 thousand tons by the end of December.

Bar chart Vietnam Powdered milk production in 2025

Listed milk companies

Key Powdered milk firms listed on the Vietnam stock exchange include:

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 26,600 on Friday up 0.1 percent with 650,000 shares traded, worth VND 1,717 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 61,000 on Friday down 1.2 percent with 41,841,000 shares traded, worth VND 258,466 million.

Foreign ownership in VNM is currently capped at 100.0 percent, with current foreign ownership sitting at 50.6 percent.

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Vietnam dairy industry news

Recent Vietnam dairy industry news includes:

Vinamilk ownership change

Singapore’s Jardine Cycle and Carriage will sell 96 million Vinamilk shares, equivalent to 4.6 percent, to F and N Dairy Investments for VND 6.01 trillion (US$228 million), it was reported in mid-December.

The sale will be executed via wholly owned subsidiary Platinum Victory at VND 62,555 per share, reducing its Vinamilk stake from 10.62 percent to 6.02 percent.

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Vietnam’s milk industry

Vietnam’s milk industry has expanded steadily alongside rising urban incomes and changing dietary preferences.

Domestic consumption growth has supported investment in large-scale dairy farms, cold-chain logistics, and modern processing facilities.

The industry is led by integrated producers supplying fresh milk to retailfood service, and school nutrition programs across Vietnam.

Policy support for domestic agriculture and import substitution has encouraged herd expansion and productivity improvements in recent years.

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