Vietnam produced 13.59 thousand tons of powdered milk in January, up 1.80 percent from 13.35 thousand tons in December, according to the latest data from the National Statistics Office.
Year-to-date output reached 13.59 thousand tons by the end of January.
Listed milk companies
Key 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 27,100 on Friday, February 13, down 0.2 percent with 125,000 shares traded, worth VND 339 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 69,500 on Friday, February 13, up 0.5 percent with 33,414,000 shares traded, worth VND 231,403 million.
Foreign ownership in VNM is currently capped at 100.0 percent, with current foreign ownership sitting at 50.4 percent.
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Vietnam’s powdered milk industry
Vietnam’s powdered milk industry is a significant segment of the broader dairy market, supplying infant formula, adult nutrition products, and food processing inputs.
Domestic demand has been driven by rising incomes, urbanisation, and strong consumer preference for branded and imported dairy products.
Local producers such as Vinamilk and TH True Milk compete alongside major foreign brands, with imported powdered milk accounting for a substantial share of the infant formula segment.
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The data
| Unit | January | December | MoM | 12 months | Jan 26 / 25 | |
| Powdered milk | tons / 000s | 13.59 | 13.35 | 1.80% | 13.59 | 29.14% |