Vietnam's coconut exports to rise remarkably thanks to shipments to China
Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.
Hanoi (VNA) 📖– Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.
The recently signed protocol on phytosanitary requirements for Vietnamese fresh coconuts exported to China will enable more sustainable and large-scale access to this vast market, said Nguyen Quoc Manh, Deputy Director of the Department of Crop Production under the Ministry of Agriculture and Rural Development.
Beyond China, demand for Vietnamese coconuts is also strong in India and the Middle East.Vice Chairman and General Secretary of the Vietnam Coconut Association Cao Ba Dang Khoa anticipated a significant breakthrough in exports this year, with revenues expected to reach 250 million USD.
Vietnam's position in the global coconut market is impressive, ranking 6th among the top 10 countries in terms of cultivation area and output. With roughly 200,000 ha of coconut plantations, the country produces 2.1 million tonnes of coconuts annually.
Under a development scheme for key industrial crops, Vietnam aims to expand coconut cultivation area to 195,000-210,000 ha by 2030. The Mekong Delta will account for the majority of this expansion, with 170,000-175,000 ha, while the coastal south-central region will have 16,000-20,000 ha.
By 2030, over 30% of coconut cultivation area is expected to follow Good Agricultural Practices (GAP) and equivalent standards, with some 30% of coconut areas certified at their production zones. Innovative farming techniques such as inter-cropping and integrated farming will be adopted to increase land productivity.
Manh also highlighted the potential for coconut-growing areas to become thriving eco-tourism destinations. By offering experiences like garden tours, local cuisine, and visits to traditional craft and coconut processing facilities, these areas can create unique One Commune, One Product (OCOP) items and boost tourism revenue, he said./.
On August 19, 2024, Vietnam’s Ministry of Agriculture and Rural Development and China’s General Administration of Customs signed a protocol on phytosanitary requirements for Vietnamese fresh coconuts exported to China, opening the door for the product to enter the 1.4 billion-strong market.
The Vietnam Coconut Association has forecast that coconut exports will hit 1 billion USD this year, driven by the signing of a protocol for official export of fresh coconuts to China.
The Tra Vinh Farm Co., Ltd (Sokfarm) in the Mekong Delta province of Tra Vinh has successfully exported its first shipment of organic coconut flower nectar products to Australia - the fifth main importer of the locality’s product.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.