Good future outlook for Vietnamese cocoa industry

The Vietnamese cocoa industry has huge potential but the industry is currently underdeveloped and is not yet at full capacity. Vietnamese cocoa is known for its high quality, and unlike cocoa products from Ghana, Ivory Coast, and other African regions, the price of Vietnamese cocoa is not only cheaper but also the price is more stable due to low-cost production. Last but not least, thanks to the readily available labor force and proximity to the biggest consumer market, China, the future looks bright for the Vietnamese cocoa industry.