Vinamilk, the leading local dairy company, is the most popular fast-moving consumer goods (FMCG) brand in Viet Nam (Source: VNA)Vietnam will produce a total of 1.9 billion litres of fresh milk in 2015 and 2.6 billion litres by 2020.
The announcement was made during the secondnd national congress of the Vietnam Diary Association for the 2015-2020 term, which took place in Ho Chi Minh City on August 6.
Moving forward, the association will focus on realising goals in master plan for diary industry development to 2020 set by the Ministry of Industry and Trade.
Accordingly, annual milk consumption per capita is targeted to reach 21 litres in 2015, 27 litres by 2020 and 34 litres by 2025.
In 2015, fresh milk production is set to reach 660 million litres, meeting 35 percent of the domestic demand. The corresponding figure by 2020 is 1 billion litres, meeting 40 percent of the demand.
There are currently about 70 businesses operating in the diary industry nationwide. The number of milk cows reached nearly 230,000 in the beginning of this year.
On the occasion, the congress elected 23-member executive board for the 2015-2020 term with Tran Quang Trung, former Director of Food Safety Agency under the Ministry of Health, as head.-VNA
