According to the Ministry of Agriculture and Rural Development, with an area of nearly 200,000 hectares, the coconut industry is becoming one of the key economic sectors of the coastal provinces of the Central region and the Mekong Delta.
1. Golden opportunities open before us for coconut export
- Increasing global market demand: The trend of consuming natural, healthy products is increasing, especially coconut products.
- Product diversification: Not only fresh coconut, processed coconut products such as coconut oil, coconut water, dried coconut meat… are also very popular in the international market.
- Policy support: The State has issued many preferential policies, creating favorable conditions for businesses to invest in coconut production and export.
- Expanding Chinese market: The signing of free trade agreements and regulations on exporting fresh coconut to China have created great opportunities for the Vietnamese coconut industry.
2. Challenges to overcome for coconut export
Besides the opportunities, the coconut industry also faces some challenges such as:
- Product quality: To compete with other countries, product quality needs to be improved to meet the strict standards of the international market.
- Technology: It is necessary to invest in processing, preservation and packaging technology to increase product value and reduce costs.
- Transportation: The logistics system needs to be improved to ensure that products reach consumers quickly and safely.
- Production stabilization: Solutions are needed to stabilize production, avoiding oversupply or supply shortages.
3. To maximize opportunities and overcome challenges, the coconut industry needs to
- Improve quality: Invest in plant varieties, production processes, and ensure food hygiene and safety.
- Diversify products: Research and develop new products with high added value.
- Expand markets: Seek new markets, especially potential markets such as Europe and the US.
- Business cooperation: Link businesses to create a complete value chain from production to consumption.
- Sustainable development: Apply sustainable production measures, protect the environment, and ensure benefits for farmers.
