Vietnam produced 14.79 thousand tons of powdered milk in October, up 4.94 percent from 14.10 thousand tons in September, according to the latest data from the National Statistics Office.
Over the first ten months of the year, output reached 127.55 thousand tons.
Listed milk companies
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 Friday down 0.1 percent with 205,000 shares traded, worth VND 536 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 59,900 on Friday down 0.8 percent with 41,911,000 shares traded, worth VND 252,004 million.
Foreign ownership in VNM is currently capped at 100.0 percent, with current foreign ownership sitting at 49.7 percent.
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Vietnam milk industry news
Black market powdered milk
Premium organic formula Aptamil Essensis has surged from about VND 1.6–1.9 million or US$61–72 per 900g can to as high as VND 3.2–3.7 million or US$121–140, with some black-market sales nearing VND 4 million or US$152, it was reported in early November.
Sellers and experts cited three drivers: tighter supply, sudden demand spikes and consumer hoarding driven by FOMO, with many parents stockpiling multiple cans.
Thai milk factroy southern Vietnam
Thai dairy brand Betagen took a major step toward building its first factory in Vietnam by signing a long-term land-lease contract in Dong Nai lasting until 2062, it was reported earlier this month.
Betagen chose a 35,000-square-metre plot in An Phuoc Industrial Park.
Milk market leader Q3 performance
Vinamilk’s consolidated third-quarter revenue nearly reached 17 trillion dong, rising more than nine percent from a year earlier, with both domestic and overseas operations contributing to growth, according to Nha Dau Tu.
The publication notes domestic revenue improved due to digital transformation, expanded store coverage, and new products, while overseas sales rose sharply in key Asian and African markets.
Vietnam milk Russia
On 4 November 2025, Russian President Vladimir Putin personally awarded Vietnam’s Labour Hero Thai Huong, founder of TH Group and CEO of Bac A Bank, the Order of Friendship at the Kremlin for her contributions to Vietnam–Russia cooperation in food security.
Reporting noted that Thai Huong launched a US$2.7 billion high-tech agricultural investment in Russia in 2015, establishing dairy farms and processing plants across Moscow, Kaluga, Bashkortostan and Primorsky.
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Vietnam’s milk industry
Vietnam’s milk industry has expanded steadily as rising incomes and changing consumption patterns increase demand for convenient dairy products.
Both domestic producers and multinational brands operate modern processing facilities, supplying a wide range of formulas and nutritional powders.
Growth is supported by strong retail distribution, targeted marketing, and government efforts to improve food safety standards.
The industry continues to invest in technology and sourcing to enhance product quality and meet the needs of families across the country.