The diversification of milk products in recent years is satisfying the increasing demand, a conference in Hanoi heard on September 9.

Secretary General of the Vietnam Dairy Association Vu Ngoc Quynh said the industry achieved results in processing and breeding.

The Vietnam Dairy Products Joint Stock Company Vinamilk for example built two globally-competitive factories worth 2.4 trillion VND (112.8 million USD).

One of the company’s facilities has an annual production capacity of 54,000 tonnes of powdered milk, making it the biggest of its kind in Asia .

According to the Ministry of Industry and Trade, during the first five months of this year, powdered milk output alone saw a year-on-year increase of 5.52 percent.

As of January 2014, Vietnam had a herd of 200,400 milk cows, up by 14 percent compared to 2013 and up by 67 percent compared to 2010.

The sector aims to increase its herd to 240,000 cows by 2015, and almost double the figure by 2020.

Vietnam is one of the few Asian nations to export dairy products, generating over 230 million USD last year.

However, milk consumption in the country remain lows, at 50kg per person per year, compared to 81kg in Japan.-VNA