Vietnam’s efforts in expanding export markets for its fruits and vegetables in 2024 has paid off as for the first time, the export of these products has brought home 7.2 billion USD, much higher than the figure of 3.3 billion USD two years ago.
A delegation from the Chinese Consulate General in Ho Chi Minh City, led by Consul General Wei Huaxiang, and 30 Chinese coconut companies made a field trip to raw material zones in Cau Ke district, the Mekong Delta province of Tra Vinh, on December 20.
According to the Vietnam Coconut Association, fresh coconut exports from Vietnam have only been established and developed in the past eight years but have grown rapidly, with export turnover increasing tenfold.
A forum on connecting coconut production and consumption took place in the Mekong Delta province of Ben Tre on December 13, offering a venue for relevant parties to discuss ways to fully tap the potential of both domestic and international markets to develop coconut into a billion-USD industry.
The Vietnam Coconut Association has forecast that coconut exports will hit 1 billion USD this year, driven by the signing of a protocol for official export of fresh coconuts to China.
The Vietnam Coconut Association has forecast that coconut exports will hit 1 billion USD this year, driven by the signing of a protocol for official export of fresh coconuts to China.
Coconut trees are seen in many localities across Vietnam, mostly in the Mekong Delta and the central coast region. However, the coconut industry including the value chains from planting, purchasing, processing, consumption, and export, has long been developing spontaneously without specific, clear planning.
Ben Tre province is known as the coconut capital of Vietnam, boasting the largest and oldest coconut growing area in the country. Apart from the food and beverages derived from coconuts, local people also utilise other parts of the coconut tree to craft household items and works of art.
Vietnamese coconut growers and businesses are excited to expand production to meet the domestic and foreign demand which is expected to increase in the coming time.
Vietnam’s coconut export are expected to reach 1 billion USD in 2025 after the US and China agree to allow Vietnamese coconuts to enter the two markets, according to President of the Vietnam Coconut Association Nguyen Thi Kim Thanh.
Thailand’s Department of Agriculture (DOA) has announced that it will speed up surveys and issuance of monkey-free certificates to coconut growers who have already earned Good Agricultural Practices (GAP) logo.
The US Department of Agriculture’s Animal and Plant Health Inspection Service has announced its permission for Vietnam to export fresh husked coconut to the country.
Coconut industry is playing a very important role in the socio-economic development of Vietnam and should be considered an indispensable part of the country's development strategies.
The US commits to supporting Vietnam in promoting the trade of agricultural products between the two countries, and its Department of Agriculture is studying and completing procedures for the Southeast Asian nation’s coconut and passion fruit to be exported to the US.
Exports of coconut products were worth 900 million USD last year and are expected to top 1 billion USD this year, according to the Vietnam Coconut Association.