Vietnam’s dairy products enjoy new opportunities

With 1.4 billion people, China leads the world in importing milk and dairy products and is a prime potential market for Vietnam's dairy exporters. TH Group, a big Vietnamese fresh milk producer known for its TH true MILK brand, recently exported its first shipment of milk to China.
vietnams dairy products enjoy new opportunities

At a ceremony to announce the first shipment of TH true MILK exported to China(Photo: doanhnghiepvn.vn)

TH Group, a big Vietnamese fresh milk producer known for its TH true MILK brand, recently exported its first shipment of milk to China.

It is the first Vietnamese company allowed to export fresh milk products to the Chinese market.

Thai Huong, TH Group’s Chairwoman, said that with a concentrated farm model using high-tech in production and management, TH true Milk products meet all the strict requirements and regulations set by China.

“China is a great milk import market. They import pure milk and dairy-based products. TH has been in the Chinese market for two years and has won the locals’ trust by adhering to all standards and regulations. Entering the Chinese market was a huge opportunity so we have given it our best effort,” said Huong.

To be licensed for export to China, TH Group's fresh milk products must undergo comprehensive inspection and evaluation by Chinese authorities who grant export codes for sterilized fresh milk and sterilized fresh milk with natural flavours added.

Yu Huan Chun, CEO of the Wuxi Jinqiao International Food City Company, one of China’s largest import food distributors, says he believes in the future cooperation between his company and TH Group.

Dao Viet Anh, Vietnamese Trade Counselor in China, said Vietnam should try to qualify more dairy companies to enter the Chinese market. To achieve that goal, Vietnamese businesses need to pay more attention to the tastes, and buying habits of Chinese consumers, wile complying with China’s safety and quality regulations.

Viet Anh said “Through agents or partner businesses in China, we can study Chinese people’s tastes. Each region has its own consumers' culture and tastes. This means we must work closely with Chinese agents or partners to develop products attractive to Chinese consumers.”

vietnams dairy products enjoy new opportunities

TH Milk marketing team at a supermarket in China (Photo: VNA)

To participate in large, high-potential export markets, Minister of Agriculture and Rural Development Nguyen Xuan Cuong has urged Vietnamese dairy businesses to increase investment in cow herds to produce enough fresh milk to make the most of current opportunities.

The Ministry will continue to press China’s General Administration of Customs to approve dairy export registrations for four Vietnamese dairy companies.

Cuong said he believes Vietnam's agricultural restructuring has helped dairy products meet the high standards set by import markets: “Restructuring toward better quality, links, and competitiveness is the only way we can tap China’s dairy market. It’s important to link the government, associations, and farmers through cooperatives.”

Vietnam’s dairy products are now available in 50 countries around the world. Vietnam has 60 dairy producers and traders with more than 300 brands. 10 companies, including Vinamilk, TH true Milk, and Moc Chau Milk, export milk products.

Source: VOV

Related News

Expert: Vietnam more flexible to take advantages of 4IR

Expert: Vietnam more flexible to take advantages of 4IR

Vietnam is one of the really special cases worldwide that will be able to take full advantages of all of the new opportunities in the 4IR, a senior financial expert on emerging markets said on September 13.
US investment flow into Vietnam opens up new opportunities

US investment flow into Vietnam opens up new opportunities

The capital flow from the US is expected to open up a new chapter in investment cooperation with Vietnam, according to Dau tu (Investment) newspaper.

Latest News

Vietnam’s stainless steel exports under dual investigation

Vietnam’s stainless steel exports under dual investigation

The US Department of Commerce (DOC) has initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE) imported from Vietnam, alongside nine other countries and territories.
F&B industry to reach 30 billion USD in 2024

F&B industry to reach 30 billion USD in 2024

The Ministry of Industry and Trade (MoIT) forecasts that the revenue of the food and beverage (F&B) industry will grow by 10.92% this year, reaching more than 720 trillion VND (29.8 billion USD).
Self-sufficiency in raw materials critical for garment, footwear

Self-sufficiency in raw materials critical for garment, footwear

Vietnam needs breakthrough solutions to upgrade the value chains of the garment and footwear industries with the focus on achieving self-sufficiency in raw materials to increase added value and develop sustainably.
To successfully export fresh coconuts to China

To successfully export fresh coconuts to China

VCN - The large demand of the Chinese market not only exposes a "golden” opportunity to the Vietnamese coconut industry, but also poses potential risks for businesses if there is no systematic investment in raw material areas as well as strict control over the cultivation, harvesting, and processing processes...

More News

Standardising fruit quality can open up new markets for Vietnam: Insiders

Standardising fruit quality can open up new markets for Vietnam: Insiders

There is plenty of room for Vietnamese fruit and vegetables to enter more stringent markets such as the US, Australia, and the EU by focusing on high-quality fruit, accurate origin certificates, and food safety standards, according to insiders.
Five amended laws to untie investment knots

Five amended laws to untie investment knots

VCN - According to Tran Quoc Phuong, Deputy Minister of Planning and Investment, numerous provisions within the draft Law on Public Investment (amended) and the Law amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Public-Private Partnership Investment, and the Law on Bidding, will effectively remove practical obstacles and unleash resources for growth upon enactment.
Ho Chi Minh City: Determined to become the leading logistics center in the region

Ho Chi Minh City: Determined to become the leading logistics center in the region

VCN - Promoting the potential of the largest city in the country, Ho Chi Minh City has a plan to develop the logistics industry, aiming to improve the capacity of seaports and become the leading logistics center in the region.
Vietnam's rice export turnover up 23.5% in nine months

Vietnam's rice export turnover up 23.5% in nine months

Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.
Responding to trade competition, businesses are forced to innovate technology

Responding to trade competition, businesses are forced to innovate technology

VCN - According to the Global Innovation Index (GII) 2024 Report published by the World Intellectual Property Organization (WIPO) a few days ago, Vietnam ranked 44th out of 133 countries, up from 46th in 2023 - continuing to improve its position since 2013.
How does the Fed

How does the Fed's interest rate cut affect Vietnam?

VCN - In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given different perspectives on this decision.
Vietnam-France trade, investment ties expected to grow further

Vietnam-France trade, investment ties expected to grow further

The official visit to France by Party General Secretary and State President To Lam and his attendance at the 19th Francophonie Summit are expected to give a boost to the bilateral economic, trade, and investment ties.
Nine-month agro-forestry-fisheries exports rise 21%

Nine-month agro-forestry-fisheries exports rise 21%

Vietnam earned 46.28 billion USD from exporting agricultural, forestry and fishery products, while spending 32.42 billion USD importing them in the first nine months of 2024, up 21% and 7.5% year-on-year, respectively.
Vietnamese fruits have room to penetrate deeper into the Chinese market

Vietnamese fruits have room to penetrate deeper into the Chinese market

VCN - On September 29, the first Vietnam Fruit Festival opened in Beijing, China. The event is expected to open up more opportunities for fruit exports to this large market.
Read More

Your care

Latest Most read
Vietnam’s stainless steel exports under dual investigation

Vietnam’s stainless steel exports under dual investigation

The US Department of Commerce (DOC) has initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE) imported from Vietnam, alongside nine other countries and territories.
F&B industry to reach 30 billion USD in 2024

F&B industry to reach 30 billion USD in 2024

The Ministry of Industry and Trade (MoIT) forecasts that the revenue of the food and beverage (F&B) industry will grow by 10.92% this year, reaching more than 720 trillion VND (29.8 billion USD).
Self-sufficiency in raw materials critical for garment, footwear

Self-sufficiency in raw materials critical for garment, footwear

Vietnam needs breakthrough solutions to upgrade the value chains of the garment and footwear industries with the focus on achieving self-sufficiency in raw materials to increase added value and develop sustainably.
To successfully export fresh coconuts to China

To successfully export fresh coconuts to China

The large demand of the Chinese market not only exposes a "golden” opportunity to the Vietnamese coconut industry, but also poses potential risks for businesses
Standardising fruit quality can open up new markets for Vietnam: Insiders

Standardising fruit quality can open up new markets for Vietnam: Insiders

There is plenty of room for Vietnamese fruit and vegetables to enter more stringent markets such as the US, Australia, and the EU by focusing on high-quality fruit, accurate origin certificates, and food safety standards, according to insiders.
Mobile Version