Vietnam produced 12.97 thousand tonnes of powdered milk in February, up 25.85 percent from 10.30 thousand tonnes in January, according to the latest data from the National Statistics Office.
Year-to-date output reached 23.27 tonnes / 000s 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).
Explore opening a trading account in Vietnam→
Vietnam milk industry news
Recent industry developments include:
Fresh milk production February
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. Read more→
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→
See the latest Vietnam news headlines→
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.
Explore starting a business in Vietnam→
The data
TABLE: Vietnam powdered milk production in 2026
| Unit | February | January | MoM | YTD | Feb 26 / 25 | YTD 26 / 25 | |
| powdered milk | tonnes / 000s | 12.97 | 10.30 | 25.85% | 23.27 | -6.47 | 9.04 |