Demand for high-value dairy products is also expected to increase sharply due to the young population and growing number of middle-class people in urban areas.
Nguyễn Thị Duyên, 35, from the rural commune of Đức Thượng in Hà Nội, spends an extra VNĐ500,000(US$21.5) on milk after her 11 year-old son was said to be “shorter than others” in his class.
Việt Nam has exported its first shipment of milk to China to establish itself in the second largest milk consumption market in the world.
The school milk programme is an important measure to fight stunting and micronutrient deficiency in Vietnamese children, which continue to a be leading cause for inferior physical stature of Vietnamese people, according to nutrition experts.
Việt Nam’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.
The domestic dairy industry will face competitive pressure this year due to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to a report of the Rồng Việt Securities Company (VDSC).