For sustainable development of Vietnam's coconut industry

Published 2023년 6월 29일

Tridge summary

Vietnam's coconut industry is thriving, with the country's coconut area ranking 5th in the world. The industry contributes to the income of 389,530 farmer households and has a total export value of over $900 million. The province of Ben Tre is known as the coconut capital of Vietnam, with over 70% of its residents relying on coconut trees for their main source of income. The industry is aiming to further expand its export markets, particularly in the US and China, and is also focusing on sustainable development and increasing the value chain of coconut products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Currently, Vietnam's coconut industry has an important position in the world with an area of over 188 thousand hectares. Vietnam coconut area accounts for 1.67% of the world's area, 2.07% of Asia's coconut area. The growth rate of Vietnam's coconut area is quite high, in 2010, Vietnam's coconut area ranked 6th in the world, by 2021, Vietnam's coconut area ranked 5th in the world. Coconut is a valuable and versatile crop because it can be used in industry to process many different products from parts of the coconut tree. Coconut trees are a source of income for about 389,530 farmer households and create export value of coconut and coconut products has reached over 900 million USD. Vietnam's coconut industry is ranked 4th in total value in the world coconut market. Currently, there are about 854 enterprises manufacturing and processing coconut products with many different types and sizes of activities such as processing coconut shells, coconut shells, copra, coconut water... to ...

Source: Baochinhphu