tk88 bet

Large room for Vietnam’s dairy farming industry to flourish

Insiders are pinning high hopes on a faster growth rate of the dairy farming industry in the coming years given that both domestic and major foreign markets are witnessing growing demand for milk products.
Large room for Vietnam’s dairy farming industry to flourish ảnh 1Production of yogurt at a dairy cow farming cooperative in Tam Dao, Vinh Phuc. (Photo: VNA)

Hanoi (VNA) – Insiders are pinning high hopes on a faster growth rate of the dairy farming industry in the coming years given that both domestic and major foreign markets are witnessing growing demand for milk products.

Vietnam is now home to over 28,000 dairy farms and households with nearly 375,000 milk cows producing more than 1.2 million tonnes of fresh milk annually. The volume is able to meet over 42 percent of the domestic demand. The remainders relied on imports.

According to the Vietnam Dairy Association, the dairy industry generated more than 119.38 trillion VND (5.14 billion USD) in revenue last year, up around 5 percent from 2020.

Data from the General Statistics Office showed that the number of milk cows in Vietnam grew 3.77 percent on average annually from 2015 – 2021. Its liquid milk output exceeded 1.770 million litres in 2021, a year-on-year increase of 4.5 percent from the previous year. Milk powder production rose by 13.1 percent year-on-year to reach 151,500 tonnes last year.

The dairy cow farming industry is thriving with annual productivity averaging 5,300 kg of milk per cow.

Large room for Vietnam’s dairy farming industry to flourish ảnh 2A Vinamilk dairy cow farm in An Nhon, Binh Dinh. (Photo: VNA)

The figure far outstrips that of other Southeast Asian countries, said Tong Xuan Chinh, Deputy Director of the Department of Livestock Production at the Ministry of Agriculture and Rural Development. Vietnam is staying ahead of its regional peers in industrialisation of livestock and dairy farming, he added.

Vietnamese dairy products are now available in 48 countries worldwide. Last year, its dairy exports valued over 300 million USD. Eight Vietnamese producers, who operate 12 dairy factories, have been granted with transaction codes to export to China.

There is large room for the dairy farming sector to grow further in Vietnam, said Assoc. Prof., Dr. Hoang Kim Giao, President of the Vietnam Ruminant Husbandry Association.

Large-scale dairy cow farming projects have been flourishing in recent years, with the latest being a dairy complex developed by Vinamilk to raise some 4,000 milk cows in Moc Chau in the northern province of Son La.

The Moc Chau Milk Paradise Complex, worth 3.15 trillion VND (135.6 million USD), is designed to produce 20 million litres of fresh milk per year. It comprises a hi-tech dairy cow farm, a hi-tech milk factory and an eco-tourist service facility.

ℱ Recently, the government has approved a national strategy for livestock development for the 2021 – 2030 period, with a vision towards 2045, expected to create momentum for the sustainable growth of the dairy cow farming sector./.

VNA

See more

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

ꦺ Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
Pharmaceutical production at a company in Vietnam. (Photo: VNA)

🧜 Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

𝕴 Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

﷽ OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|