In 2013, the liquid milk production reached 670,000 tonnes and it estimate to reach over 1,000,000 tonnes, equivalent VND 34,000 billion by 2017. The milk powder production reached 70,000 tonnes in 2013, it will gain 90,000 tonnes, equivalent VND 48,000 billion by 2017.

In 2014, TH True Milk will operated whole of Mega Plant, with a total capacity of 1,700 tons/day (equivalent to 500 million liters/year) to achieve the target of reachingVND 15,000 billion in 2015, and VND23,000 billion in 2017.

In 2014, Vinamilk will open new milk processing factory in Phnom Penh capital (Cambodia), they expected to hit USD 3 billion of revenue.

In the near future, Vinamilk will invest 4 new dairy farms with VND 3,000 billion and 3,000 cows. TH True Milk will boost the total of cows to 147,000 cows in 2017.

According to the president of Vietnam livestock association, Mr. Nguyen Dang Vang said, the total of cow in Vietnam will reach 400,000 cows, the milk production will reach 1 billion tonnes in 2020, but that just meet 35% of demand in domestic.

Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email  michael@boddingtonconsulting.com

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