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Ben Tre Import-Export Joint Stock Company (Betrimex), manufacturer and exporter of coconut products in Vietnam and the sixth largest coconut manufacturer worldwide collaborated with the Vietnam Coconut Association to hold CocoNext 2024, a conference that aims to foster a resilient and robust future for the coconut industry.
The event took place in Ben Tre City, Vietnam on December 12, attracting over 200 participants, including representatives from local and international government agencies, business leaders, and experts from leading coconut-producing countries such as the Philippines, Indonesia, Malaysia, and India.
CocoNext 2024 brought together local and international government agencies, business leaders, experts in coconut industry, providing insights and practical solutions to address current challenges of the coconut industry.
A next era for the coconut industry
With the theme, "Empowering Vietnamese Coconut Value Chain", the conference focused on three pillars: Sustainable Coconut Strategy, Innovation & Technology for Value Creation and CocoNext – The Future Business. The discussions delved into developing sustainable policies, the essential need to apply advanced technologies in production and value chain management, and solutions to boost exports and optimize the coconut industry's value chain. Experts from leading coconut-producing countries shared innovative models, opening doors for extensive and long-term international collaboration.
The conference highlighted the importance of a comprehensive strategy to transform the Vietnamese coconut industry into a leading economic sector, as well as solidified Vietnam's position in the global coconut industry and creates strong momentum for growth across the sector.
Beyond being a hub for innovative thinking, CocoNext 2024 offered a range of interactive experiences with creative exhibition spaces from Betrimex, including: Next Chapter of Sustainability, Next Chapter of Beverage, Next Chapter of Cuisine, Next Chapter of Nutriment, Next Chapter of Essence, and Next Chapter of Innovative.
CocoNext: Technology and Innovation
Mrs. Dang Huynh Uc My, chairwoman of Betrimex said: "More than just a platform for information sharing among leading experts worldwide, CocoNext is a catalyst for breakthroughs, reshaping the landscape and ushering in a new era for the coconut industry. This is a shared commitment of everyone involved in the coconut value chain."
Technological advancements hold the promise of elevating the coconut industry to new heights. This includes innovative packaging techniques, transformative approaches to food processing and healthcare, sustainable energy generation, and the development of novel coconut-based products.
The Vietnamese coconut industry is booming. Exports have skyrocketed from $280 million in 2010 to a remarkable $1.64 billion in 2023. With over 200,000 hectares dedicated to coconut cultivation, Vietnam is now the fourth largest exporter of coconut products in the Asia-Pacific region and ranks fourth globally in terms of total market value.
Here in Vietnam, the coconut palm is considered one of six key agricultural commodities. The Ministry of Agriculture and Rural Development has launched a development plan for the coconut industry with clear objectives for 2030.
CocoNext is fully aligned with this vision for connecting everyone across the coconut value chain, fostering collaboration and maximizing the potential of the coconut palm. At the same time, CocoNext committed to developing groundbreaking solutions through advanced technology.
To achieve this vision, CocoNext will spearhead new initiatives, shape the future of the industry by ushering in a new era of innovation, trends, and opportunities.
Betrimex chairwoman, Mrs. Dang Huynh Uc My also affirmed that CocoNext will help position Vietnam as a leading global supplier and innovation hub for the coconut industry. She also expresses her hope that Ben Tre province will become a global leader in coconut research and development.
As Vietnam's leading coconut enterprise and the sixth largest coconut producer worldwide, Betrimex commits to pioneer new partnerships and collaborating with stakeholders across the value chain. The goal is to elevate coconut products to become an Asian icon and a flagship industry of the 21st century.
