Nguyen Thi Duyen, 35, from the rural commune of Duc Thuong in Ha Noi, spends an extra VND500,000(US$21.5) on milk after her 11 year-old son was said to be “shorter than others” in his class.
Vietnam Dairy Products JSC (Vinamilk) is optimistic about its future development as the sector still has room to grow, the company’s general director Mai Kieu Lien told an investor meeting on Tuesday.
Viet Nam’s dairy market is predicted to double in size by 2020, reaching US$8.2 billion as the population is expected to increase by five million and dairy consumption to rise by a compounded annual growth rate of 7 per cent.