Credit capital helps coconut farmers increase productivity.

In recent years, the coconut tree has ceased to be merely a tool for eradicating hunger and reducing poverty, and has become a national flagship product. According to the Vietnam Coconut Association, in 2024, the total export turnover of coconut products exceeded 1 billion USD. Mr. Cao Ba Dang Khoa, Secretary General of the Vietnam Coconut Association, believes that to live up to the new status of the coconut tree in the economic and agricultural map of Vietnam, and to enhance the competitiveness of coconuts and coconut products in the global market, it is necessary to standardize from the very stage of cultivation by farmers. Farmers must be trained and their knowledge of coconut care must be improved, and the stages of coconut cultivation must be clearly and meticulously documented through agricultural diaries. To support farmers in standardizing coconut cultivation, improving the quality of Vietnamese coconuts, and stabilizing coconut prices, thereby creating a foundation to ...