VNExpress-May 4

Vietnam will earn US$1 billion from exports of fresh coconuts and products made from them this year, up from $900 million last year, the Vietnam Coconut Association has said. China has stepped up coconut imports, enabling Vietnam’s exports to increase, it said.

Five years ago Vietnam was not on the global coconut map, but has now become the fourth biggest coconut and coconut products exporter in the Asia-Pacific, it said.

Nguyen Dinh Tung, CEO of Vina T&T Import-Export Company, said his company exports some 15 containers of fresh coconut to the U.S., Australia, South Korea, and Japan each month, and is increasing them. Nhuyen Van Thu, chairman of the GC Food Joint Stock Company, which owns the country’s largest coconut jelly plant, said there are plans to increase exports. The company

Ben Tre Import-Export Joint Stock Corporation is strengthening production of coconut dried endosperm, oil and milk for export. Its bottled coconut juice is also popular in many countries, it said. The International Coconut Community forecast the global industry to annually grow at 10% until 2025 with some individual products such as coconut cream, juice, oil, and jelly growing by 15-36%. Read more at:

https://e.vnexpress.net/news/business/industries/coconut-exports-to-be-worth-1b-this-year-4613164.html

 

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