May 31, 2025 | 02:35 GMT +7
Hotline: 0913.378.918
May 31, 2025 | 02:35 GMT +7
Hotline: 0913.378.918
Ben Tre coconuts are increasingly reaching many markets around the world.
According to the Vietnam Coconut Association, Vietnam ranks fourth in the Asia-Pacific region in terms of the total export value of coconuts and coconut-based products. General Department of Customs' statistics show that coconut exports reached over $ 900 million in 2023.
Coconut trees are generating income for around 390,000 Vietnamese farming households. Besides their direct economic value, coconut trees also make a significant contribution to climate change mitigation, when each ha of coconut trees can sequester 70 - 75 tons of CO2 annually.
In the context of Vietnam's commitment to achieving net zero greenhouse gas emissions by 2050, the economic value of coconut trees will continue to increase through the sale of carbon credits.
According to Ms Dang Huynh Uc My, Chairwoman of Ben Tre Import-Export Joint Stock Company, there is still considerable market potential for the coconut industry as market demand for coconut products is growing with many untapped values from coconut trees remaining.
"With coconut trees now recognized as a key industrial crop, we expect the coconut industry to receive more attention and support from many sides to develop sustainably and seize new opportunities", said the Chairwoman of Betrimex.
UOB Vietnam has signed a green trade finance agreement with Betrimex.
On April 12, United Overseas Bank (UOB Vietnam) signed a green trade finance facility agreement with Ben Tre Import-Export Joint Stock Company (Betrimex).
This credit facility will assist Betrimex in importing or purchasing raw materials and domestic goods to produce products certified as Organic, including Fairtrade certification. This certification ensures that the company meets strict requirements for social, environmental, and economic responsibilities. Specifically, these criteria include safe working conditions, environmental protection, sustainable livelihoods, and community development funds.
Translated by Hoang Duy
(VAN) Reciprocal tariffs are exerting pressure on U.S. exports, prompting Vietnamese firms to shift their focus to Muslim markets, Thailand, and Brazil.
(VAN) A free booth for two years at Xinfadi, Beijing's largest wholesale market, will be allocated to Vietnam's agricultural products.
(VAN) Vietnamese shrimp exporters are actively looking for alternative markets and accelerating shipments to the United States in response to the pressure of impending reciprocal tariffs. This is occurring during a temporary tariff suspension.
(VAN) The import-export turnover between Vietnam and Singapore rose amid a trade rebound, with machinery, electrical equipment, and fuels making up the majority of the transaction value.
(VAN) Director General of the General Administration of Customs of China, Ms. Sun Mai Jun, has pledged to implement measures that will ease the import process for Vietnamese agricultural products.
(VAN) Although Vietnam is still increasing its coffee exports, the industry is currently in the process of determining market strategies in response to the U.S. imposition of reciprocal tariffs.
(VAN) With rising demand in Muslim-majority countries, Halal certification is becoming a critical passport for Vietnamese agricultural products seeking sustainable market access and consumer trust in the Middle East and Africa.
