Vietnam produced 13.53 thousand tonnes of powdered milk in March, up 13.60 percent from 11.91 thousand tonnes in February 2026, according to the latest data from the National Statistics Office of Vietnam.
Year-to-date output reached 38.40 thousand tonnes by the end of March.
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 March, MCM shares moved from 27.20 to 25.60, a change of -1.60 (-5.88%).
Foreign ownership moved from 1,099,704.80 to 1,099,699.80, a change of -5.00 (0.00%).
Vietnam Dairy Products JSC (VNM)
Vietnam Dairy Products JSC (VNM) manufactures and distributes milk and dairy products under the Vinamilk brand. (VNM)
In March, VNM shares moved from 68.20 to 60.50, a change of -7.70 (-11.29%).
Foreign ownership moved from 10,364,809.38 to 10,643,964.57, a change of 279,155.19 (2.69%).
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Vietnam milk industry news
Recent industry developments include:
Fresh milk production March
Vietnam produced 149.85 million litres of fresh milk in March, up 17.84 percent from 127.16 million litres in February 2026, according to the latest data from the National Statistics Office. Read more→
Vinamilk expands into beer
Vinamilk said its addition of new business lines, including beer production, is part of long-term capacity building rather than a shift away from its core dairy focus.
Vinamilk previously exited beer production after a short-lived joint venture with SABMiller in the mid-2000s, citing underperformance of its Zorok brand in the domestic market. Read more→
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Vietnam’s dairy industry
Vietnam’s dairy industry has expanded rapidly over the past decade, driven by rising incomes, urbanisation, and increasing demand for nutritional products.
Domestic production has grown, but the sector still relies heavily on imported milk powder and feed inputs to meet consumption needs.
Major local players have invested in large-scale farms and processing capacity, while foreign brands continue to compete across premium and specialised segments.
Government policies and investment incentives have supported herd expansion, supply chain development, and improvements in food safety standards.
Consumption is expected to continue rising, supported by demographic trends and growing awareness of health and nutrition.
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The data
TABLE: Vietnam powdered milk production in 2026
| Unit | March 2026 | February 2026 | MoM | YTD | Mar 26 / 25 | Q1 26 / 25 | |
| powdered milk | tonnes / 000s | 13.53 | 11.91 | 13.60% | 38.40 | 10.77% | 14.48% |