Production of yogurt at a dairy cow farming cooperative in Tam Dao, Vinh Phuc. According to the Vietnam Dairy Association, the dairy industry generated more than 119.38 trillion VND (5.14 billion USD) in revenue last year, up around 5 percent from 2020. The dairy cow farming industry is thriving with annual productivity averaging 5,300 kg of milk per cow. Vietnam is staying ahead of its regional peers in industrialisation of livestock and dairy farming, he added. There is large room for the dairy farming sector to grow further in Vietnam, said Assoc.