HANOI: Coconut has been recognised as one of Vietnam’s six key industrial crops (alongside coffee, rubber, tea, cashews, and pepper) under the Master Plan for Developing Key Industrial Crops by 2030.
The coconut industry has seen remarkable growth, with export turnover increasing from US$180mil in 2010 to over US$900mil in 2023, and it is projected to surpass the US$1bil mark this year.
