VIRAC forecasts that the dairy industry prospect in 2020 will continue to grow at a high level, increase investment capital in dairy farms to reduce dependence on imported milk and to meet the needs of people’s domestic consumption.
Viet Nam imported dairy products worth US$838.1 million in the first
nine months of this year, a month-on-month rise of 4.2 per cent,
according to the General Department of Viet Nam Customs.
The Prime Minister asked the ministries of Health and Finance on Thursday to report the high price of milk on the local market.Because the milk price is not controlled by the Government, dairy companies can increase prices at any time.
