Vietnam’s dairy industry reaches out to the world

Despite the COVID-19 pandemic wreaking havoc on all sectors, Vietnam’s dairy industry has made efforts to win over customers and solidified its foothold in the domestic market while reaching out to global markets.

The Ministry of Industry and Trade said Vietnam shipped 302.7 million USD worth of dairy products in 2020, a 10.5 percent increase against 2019. This was the first time the country’s dairy export revenue has exceeded 300 million USD.

According to the Vietnam Dairy Association, many enterprises have spent heavily on advanced technologies and developed cattle farms under Global GAP, VietGAP, and organic standards to improve productivity and food safety and to diversify products.

The Association said the dairy sector earned nearly 5 billion USD in revenue in 2020, or 5 percent higher than in 2019, thanks to an abundance of raw materials, high demand, and solid maintenance of distribution channels.

Besides China, Vietnam’s dairy products have also won over customers in the US, Japan, the RoK, and the Middle East./.