1、 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.GOVERNMENT POLICY Voluntary Report Voluntary-Public Distribution Date:June 10,2026 Report Number:VM2026-0021 Report Name:Vietnam Dairy Market Country:Vietnam Post:Ho Chi
2、Minh City Report Category:Dairy and Products Prepared By:Minh Nguyen Approved By:Travis Stahl Report Highlights:In 2025,Vietnams dairy import market reached$1.5 billion,a 20 percent increase over 2024,reflecting strong and growing consumer demand.The United States exported$150 million in dairy produ
3、cts to Vietnam,representing 19 percent growth over the previous year and indicating significant potential for further market expansion.I.MARKET OVERVIEW 1.Dairy Consumption in Vietnam Vietnam presents a notable opportunity for dairy market expansion.In 2025,the country has 102 million consumers,and
4、more than half are under 30,younger than the Asian average.This young population is experiencing rapidly improving living standards and growing exposure to global consumer trends.Gross Domestic Product(GDP)per capita reached$5,026 in 2025,double what it was ten years earlier.As Vietnamese consumers
5、become more prosperous,they are paying greater attention to health and nutrition,particularly dairy products.However,current milk consumption stands at only 27 liters per person annually,far below regional and global averages,according to the Vietnam Dairy Association.By comparison,Thailand consumes
6、 35 liters per person,Singapore 45 liters,and European countries 80100 liters per year.Recognizing this gap,the Vietnamese government has set ambitious targets to increase average annual milk consumption per capita to 40 liters by 2030 and 70 liters by 2045.Beyond traditional milk,Vietnamese consume