Vietnam Herds Decline Threatens Dairy Ambitions
Vietnam’s dairy sector is facing a critical setback: the national dairy cow herd has stagnated, casting doubt on the country’s ability to meet its growth targets. The Vietnam Livestock Association recently informed the Ministries of Industry & Trade, Agriculture & Rural Development, and Health that several traditional dairy hubs—Ho Chi Minh City, Ba Vi (Hanoi),…
Dairy sector ready to ride into new growth cycle
Many dairy enterprises are expecting more robust growth momentum in the last months of the year, although the prospect trajectory remains uneven in parts. Optimistic signals from the fast-moving consumer goods (FMCG) sector in the second quarter of 2024 have raised expectations for a stronger recovery in the dairy industry before 2025. Tran Huong My,…
Southeast Asia’s dairy industry attracts big private equity deals
More emphasis on quality and growing consumption trends in Southeast Asia’s dairy industry have attracted a bevy of private equity (PE) companies to the sector, many of whom are raising their bets in the hopes of reaping multiples in the years to come. Dairy products, which were once considered good-to-have by Southeast Asian consumers, are…