Coconut is expected to become a billion-dollar export item

VCN - Talking to the press at the ceremony to launch the first train carrying fresh coconuts to China, Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, said that Vietnam's agricultural export potential, especially fresh coconuts, is expanding with the appearance of international railway transportation from Song Than station.
First batches of Vietnam’s fresh coconuts enter China First batches of Vietnam’s fresh coconuts enter China
Fruit and vegetable exports soar, nearing US$6 billion Fruit and vegetable exports soar, nearing US$6 billion
Lao Cai Customs makes history with its first fresh coconuts export clearance Lao Cai Customs makes history with its first fresh coconuts export clearance
Coconut is expected to become a billion-dollar export item

How do you evaluate the potential for exporting agricultural products in general and fresh coconut products to China?

In the first nine months of 2024, Tien Giang achieved an export turnover of US $ 4.25 billion, an increase of 6.78% over the same period last year and reaching 85% of the annual target. This is the highest increase ever. In which, the group of exported fruits and vegetables also improved strongly compared to the same period last year.

In the first 9 months of 2024, Tien Giang exported over 36,000 tons of various fruits and vegetables, earning nearly US $96 million, an increase of 71.46% in volume and 71.84% in value. In addition to the Chinese market, Tien Giang fruits and vegetables are also exported to many countries such as the United States, EU, Japan, Korea, etc., helping Tien Giang province's agricultural products expand their markets, grow exports in a sustainable direction, attract foreign currency, and benefit farmers.

Notably, according to statistics from the Ministry of Agriculture and Rural Development, as well as data from Tien Giang province, among the 63 provinces and cities nationwide, there are three localities with the largest coconut growing areas: Ben Tre, Tra Vinh and Tien Giang. The potential for exporting fresh coconuts as well as coconut products in these three provinces and cities is huge.

In the past, Tien Giang province has also developed a project to develop coconut trees, but it has not been widely implemented because it has not found an outlet for coconut trees. When the Government signed the Protocol on exporting fresh coconuts with China, it opened up an opportunity for the project to be implemented. This is also an opportunity for coconut farmers to increase their income and change their lives.

This is a process in which the Vietnamese Government has persistently negotiated with Chinese partners and been approved. This opens up great opportunities for coconut growers as well as provinces with large coconut growing areas.

Recently, the first batch of fresh coconuts from Tien Giang was officially exported to China by rail. How do you evaluate this new form of transportation?

Tien Giang is one of the provinces with the largest area and output of fruit trees in the Mekong Delta (MD). In recent years, in addition to serving the domestic market, many agricultural products, including fruits, have been exported to China and other countries. However, the main export method of enterprises today is road transport via container trucks, which is costly and increases the risk of transportation.

Therefore, the first train carrying fresh coconuts for export to China with the participation of enterprises in Tien Giang province marks an important first step in the official export of fresh coconuts to the billion-people market. Transporting fresh coconuts by international transit train not only helps Binh Duong but also the provinces in the MD to solve this difficulty.

When goods and agricultural products arrive at the railway station, they will be checked for food safety and hygiene and all customs procedures will be completed, helping businesses significantly reduce the cost of exporting goods to other countries, especially China - a partner importing many agricultural products of Tien Giang as well as the Mekong Delta provinces. This also helps businesses have more profits to share with farmers, stimulate farmers to develop, expand coconut growing areas as well as invest capital and technology to improve product quality.

It can be said that opening this new mode of transportation not only contributes to promoting the export of fruits and agricultural products of the region to other countries but also opens a new service for the railway industry. With the above advantages, I also expect that our country's coconut will become a billion-dollar commodity like durian has done in recent years.

With the potential for railway development, Binh Duong province is planning a logistics center to serve the import and export of goods from Song Than station. What do you expect from this strategy?

If Binh Duong plans a 200ha area as a logistics center, we expect a huge change. It helps not only Binh Duong but also the Mekong Delta in facilitating the export of goods in general and agricultural products in particular. If there is a logistics center, there will be support services for businesses. When goods are transported to the logistics center, they will be inspected, checked for food safety and hygiene and all procedures. At that time, if businesses have goods that do not meet export criteria, they can switch to domestic consumption or transfer them to the locality for consumption in other ways. This will cut down on many costs and business risks. It will create great opportunities for businesses and localities to boost the export of agricultural and aquatic products as well as other goods to other countries, especially China, which is a major importer of goods from Vietnam.

Thank you!

By Thu Diu(recorded)/Quynhlan

Related News

Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Plastic exporters interested in converting to recycling technology

Plastic exporters interested in converting to recycling technology

VCN - The Vietnamese plastics industry is facing major challenges in terms of plastic waste and recycling needs. Secretary General of the Vietnam Plastics Association Huynh Thi My (pictured) shared important information about the transformation in production of plastics enterprises to meet increasing export demands.
To open the door for industrial processing and manufacturing products to demanding markets

To open the door for industrial processing and manufacturing products to demanding markets

VCN - Vietnam's processing and manufacturing industry has made strong progress in 2024, with positive growth and becoming the main driving force of the economy. However, to maintain growth momentum and expand market share in demanding markets, businesses need to address challenges in quality standards, raw material costs and strict compliance requirements from international partners.
Positive outlook for pangasius exports in the final months of the year

Positive outlook for pangasius exports in the final months of the year

VCN - With growth in pangasius exports to multiple markets showing positive trends, businesses are forecasting an optimistic outlook for exports in the final months of the year.

Latest News

Vietnamese enterprises facing challenges from cross-border e-commerce platforms

Vietnamese enterprises facing challenges from cross-border e-commerce platforms

VCN – In recent years, with the rapid development of cross-border e-commerce (CBEC) platforms, domestic enterprises in Vietnam have been facing numerous difficulties and challenges.
Vietnam, Malaysia eye new milestone in trade ties

Vietnam, Malaysia eye new milestone in trade ties

The official visit to Malaysia from November 21-23 by Party General Secretary To Lam is expected to open up new opportunities for and mark a new milestone in the economic and trade cooperation between Vietnam and Malaysia. Vietnam and Malaysia are key economic, trade, and investment partners. Their economic and trade ties have steadily grown since the two nations established diplomatic relations in 1973.
Shrimp exports surge in 10 months, generating 3.2 billion USD

Shrimp exports surge in 10 months, generating 3.2 billion USD

Vietnam’s shrimp exports in October reached US$394 million, a strong 24% increase year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports to the U.S. near US$100 billion milestone

Vietnam’s exports to the U.S. near US$100 billion milestone

VCN - By the end of October, Vietnam's exports to the United States approached US$100 billion, reaffirming its position as Vietnam's largest export market.

More News

From the “abnormal” coffee price, worries about the new crop

From the “abnormal” coffee price, worries about the new crop

VCN - The Vietnamese coffee industry enters the new crop with the question of what is a reasonable price to ensure benefits for coffee growers while still retaining international consumers.
What obstacles limit the market share of Vietnamese goods in the UK?

What obstacles limit the market share of Vietnamese goods in the UK?

VCN - Vietnamese goods account for only about 1% of total imports into the UK market. One of the reasons is that they have not yet built their own brands and have not focused on effective strategies and approaches to market information.
Why seafood exports to some Middle Eastern Countries are stalled

Why seafood exports to some Middle Eastern Countries are stalled

VCN - Several shipments of seafood exported to certain Middle Eastern countries have been delayed due to legal challenges related to consular legalization procedures. This has created significant bottlenecks in accessing these markets.
Storm No. 3 destroys profits of many insurance companies

Storm No. 3 destroys profits of many insurance companies

VCN - Due to the impact of storm No. 3, the business results of the third quarter and the first 9 months of 2024 of the insurance sector have been significantly affected. This requires more efforts from businesses for the results of the whole year 2024.
Vietnam, Malaysia eye golden partnership opportunities in Halal industry

Vietnam, Malaysia eye golden partnership opportunities in Halal industry

Cooperation in the Halal industry can help Vietnamese products reach nearly 2 billion Muslim consumers worldwide, representing over 24% of the global population, according to Malaysia’s Minister of Investment, Trade, and Industry Zafrul Abdul Aziz.
Tra fish sector aiming for production, processing greening for sustainable development

Tra fish sector aiming for production, processing greening for sustainable development

Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.
Developing supporting industries for the billion-dollar export commodity groups

Developing supporting industries for the billion-dollar export commodity groups

VCN - Electronic products and components are one of export commodity groups with turnover exceeding one billion USD, but the supporting industry for this group is still modest.
Village craft products conquer the world

Village craft products conquer the world

VCN - Vietnam's handicraft products have significant potential to captivate international customers, enhancing export value and revenue.
Enterprises urged to tap potential to expand exports to EU via official channels

Enterprises urged to tap potential to expand exports to EU via official channels

The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) on November 18 organised a seminar on promote trade in the European market, focusing on potential for expanding exports to the European market via official channels.
Read More

Your care

Latest Most read
Vietnamese enterprises facing challenges from cross-border e-commerce platforms

Vietnamese enterprises facing challenges from cross-border e-commerce platforms

VCN - E-commerce platforms have emerged as crucial distribution channels, enabling goods to reach consumers quickly and conveniently.
Vietnam, Malaysia eye new milestone in trade ties

Vietnam, Malaysia eye new milestone in trade ties

The official visit to Malaysia from November 21-23 by Party General Secretary To Lam is expected to open up new opportunities for and mark a new milestone in the economic and trade cooperation between Vietnam and Malaysia. Vietnam and Malaysia are key economic, trade, and investment partners. Their economic and trade ties have steadily grown since the two nations established diplomatic relations in 1973.
Shrimp exports surge in 10 months, generating 3.2 billion USD

Shrimp exports surge in 10 months, generating 3.2 billion USD

Vietnam’s shrimp exports in October reached US$394 million, a strong 24% increase year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports to the U.S. near US$100 billion milestone

Vietnam’s exports to the U.S. near US$100 billion milestone

By the end of October, Vietnam's exports to the United States approached US$100 billion, reaffirming its position as Vietnam's largest export market.
From the “abnormal” coffee price, worries about the new crop

From the “abnormal” coffee price, worries about the new crop

The Vietnamese coffee industry enters the new crop with the question of what is a reasonable price to ensure benefits for coffee growers while still retaining international consumers.
Mobile Version