Vietnam’s milling and production of raw flour grew by 3.5 percent in December 2024 compared to November 2024, according to Vietnam’s Industrial Production Index.
Year-on-year, the sector recorded an impressive 12.1 percent increase in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 6.2 percent compared to 2023, reflecting steady progress in this essential industry.
The monthly growth highlights increased activity during the holiday season, driven by heightened demand from the food processing industry and rising domestic consumption. The strong year-on-year and year-to-date growth indicate expanding production capacity and efficiency improvements within the sector.
As a cornerstone of Vietnam’s agricultural processing sector, the milling and production of raw flour supports numerous downstream industries, including bakery, confectionery, and packaged foods. The industry has benefitted from growing investments in modern milling technologies and strengthened supply chains, boosting its competitiveness in domestic and export markets.
The consistent growth underscores the sector’s importance in Vietnam’s industrial landscape and its potential for further development in a growing global market.
See also: Food Processing Industry in Vietnam