Vietnam produced 13.44 thousand tons of powdered milk in November, up 6.49 percent from 12.62 thousand tons in October, according to the latest data from the National Statistics Office.
Over the first ten months of the year, output reached 138.81 thousand tons.
Listed powdered milk companies
Vietnam Dairy Products JSC
Vietnam Dairy Products JSC (VNM) manufactures and distributes milk and dairy products under the Vinamilk brand.
VNM closed at VND 62,000 on Tuesday up 1.8 percent with 42,426,000 shares traded, worth VND 261,939 million.
Foreign ownership in VNM is currently capped at 100.0 percent, with current foreign ownership sitting at 50.6 percent.
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 25,950 on Tuesday down 0.35 percent with 341,000 shares traded, worth VND 888 million.
Foreign ownership in MCM is currently capped at 100.0 percent, with current foreign ownership sitting at 0.0 percent.
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Vietnam fresh milk industry news
Recent industry news includes:
Thai dairy factory in southern Vietnam
Thai dairy brand Betagen took a step toward building its first factory in Vietnam by signing a long-term land-lease contract in Dong Nai lasting until 2062.
Vietnam–Russia dairy cooperation
Vietnam’s Thai Huong, the head of dairy producer TH Group, has received Russia’s Order of Friendship for her role in bilateral food-security projects. Her US$2.7 billion (VND 71.1 trillion) investment includes dairy farms and plants in several Russian regions.
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Vietnam’s fresh milk industry
Vietnam’s milk industry has expanded rapidly over the past decade as domestic demand for dairy products rises.
Major producers have invested in modern farms and processing facilities to reduce reliance on imported raw milk.
However, imported fresh milk and powder are still used to meet consumption needs, particularly in urban markets.
Rising incomes and changing consumer preferences are driving stronger demand for premium and traceable dairy products.