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Vietnam expects to reap $1 bln from this year’s coconut exports

Vietnam has become the fourth biggest coconut and coconut products exporter in the Asia-Pacific. The nation will earn US$1 billion from exports of fresh coconuts and products made from them this year, up from $900 million last year. According to the Vietnam Coconut Association, China has stepped up coconut imports, enabling Vietnam’s exports to increase.

Nguyen Dinh Tung, CEO of Vina T&T Import-Export Company, said his company exports some 15 containers of fresh coconut to the US, Australia, South Korea, and Japan each month, and is increasing them.

The Vietnam Coconut Association is developing sustainable growing zones, and assisting with export promotion in China, Japan and the EU.

Source: e.vnexpress.net

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