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Update news TH true milk
Ice cream is also a market where local and foreign brands are battling it out for market share.
Vietnam’s dairy makers are accessing more opportunities to increase exports, but companies need to enhance their competitiveness in foreign markets and develop a concentrated production scale.
Vietnam’s dairy products will enter the Chinese market following the signing of documents between the two governments.
Domestic milk producers are seeking new growth opportunities as changes in consumption trends and competitive pressure start to be felt.
As the competitive edge in the fresh milk market segment is evenly divided among big companies, the organic milk segment has become a new battlefield for dairy producers.
Domestic dairy producers are developing their A2 milk cow herds to serve their plan to make A2 milk, starting a new race in the high-end market segment.
VietNamNet Bridge - Instead of resisting the robotization trend or the 4.0 revolution, cheap labor markets like Vietnam should learn to live with the trend, experts say.
VietNamNet Bridge - The dairy market is expected to become hot as more free trade agreements (FTAs) take effect, bringing more foreign producers to the Vietnamese market.
VietNamNet Bridge - The dairy market has steadily expanded, while the competition is getting fiercer, heating up the milk market.
VietNamNet Bridge – Vietnamese dairy companies have an opportunity to boost their share of the local market from only 28 per cent of total milk demand, Agriculture and Rural Development Deputy Minister Vu Van Tam said at a recent conference.