Vietnam: Fresh coconut water with the highest price ever, coconut farmers in Tien Giang earn hundreds of millions

Published 2022년 5월 23일

Tridge summary

Tien Giang province in Vietnam has seen a surge in the price of coconuts, with farmers making a substantial income from the crop. Duong Van Vy and Nguyen Van Thanh, farmers in My Tho city and Cho Gao district respectively, have profited from the demand for fresh coconuts. The province has over 20,000 hectares of coconut cultivation, a rise of over 3,000 hectares in five years, and produces over 180,000 tons of coconuts annually. The crop is preferred for its suitability for local soil, drought and salt tolerance, and high economic value. Many localities are converting difficult production areas to coconut cultivation to adapt to climate change.

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Original content

According to Mr. Duong Van Vy, living in My Phong commune (My Tho city, Tien Giang province), traders come to the garden to buy for 90,000 - 100,000 VND/dozen (12 left) depending on the location. On average, each coconut costs from 7,000 - 8,000 VND. This is the highest price ever. Mr. Vy planted 1.5 hectares of the Malaysian coconut variety. This is a new coconut variety for wrong fruit, high yield, specializing in harvesting and selling fresh, which is popular in the market. Last month, he just harvested a batch of 600 coconuts, selling for nearly 5 million VND. And Mr. Nguyen Van Thanh, Song Binh commune, Cho Gao district (Tien Giang province) growing about 5,000 square meters of green Siamese coconut varieties said that in the dry season every year, fresh coconuts for drinking water always have a high price due to great market demand. Moreover, coconut is also harvested all year round, on average once a month. Therefore, coconut growers have a decent income and a stable life. ...

Source: Danviet