Prospects of the Vietnam dairy market : Case of analysis Vinamilk’s financial performance

Abstract

“Vietnam dairy market size is projected to exhibit a growth rate (CAGR) of 9.90% 2024-2032.” (IMARC Group, Vietnam Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032 section). Evaluated Vinamilk's financial performance, including revenue, profit, and market share, and evaluated the impact of Vinamilk's operating results on developing the overall outlook of the Vietnamese dairy market. Thereby showing the development of the dairy industry in recent years, and the future development potential of the dairy industry. The quantitative research approach in collecting and analyzing data such as industry reports, government data, and news articles to understand the size, trends, and competitive landscape of the Vietnam dairy market. The rising disposable incomes, changing demographics, and growing health awareness. Analyzed the growth drivers and main regulations of the Vietnamese dairy market. Overall, the discussion provides useful insights into the potential and efficiency of the finances of Vietnam's dairy industry. The findings can benefit investors, industry analysts, and stakeholders interested in understanding the dynamics of the dairy industry and its success factors and challenges in the Vietnam dairy market.