Cocoa prices soar, and importers are interested in growing areas in Vietnam

Currently, the price of fresh cocoa has set a record of 12,000 VND/kg, 3-4 times higher than the selling price a few years ago. The price of fresh cocoa fruit has increased to a record due to scarce supply. With this price, cocoa farmers are making very good profits. The scarce supply is also the reason why corporations and enterprises (DN) processing and importing cocoa are interested in cocoa growing areas in Vietnam, including Dong Nai province. In addition, Vietnam has become one of the attractive destinations for foreign cocoa bean buyers because it owns the rare Trinitario cocoa variety (accounting for 15% of global cocoa output) and diverse flavor layers indigenous to each region. Profits from cocoa trees are increasing rapidly. Currently, the total cocoa area in Vietnam has reached nearly 3,500 hectares, the harvested area is more than 2,800 hectares with an output of nearly 4,800 tons of dry beans. The cocoa growing area is concentrated in the Central Highlands and ...