Vietnam’s cocoa dream
Being a small cocoa producer, Vietnam still
nourishes the hope of selling cocoa worldwide.
Never before has Vietnam seen
so many foreign invested projects in cocoa production like now. The “big
guys” in the world now eye Vietnam
as the newly emerging material area.
Vietnam once followed the one-century path to become the world’s
biggest coffee grower. Will the same thing repeat with cocoa?
Great opportunities have come
The big guys have every reason to pay
attention to Vietnam.
A report of the US Mars Incorporated showed that 160,000 tons of cocoa lacked
worldwide in 2013, while the figure may rise to 1 million tons by 2020. Cocoa would become increasingly valuable because of both
the sharp falls in the cocoa output from Ghana
or Ivory Coast, Indonesia and
the higher demand.
India, China and Indonesia alone provide 2.8
billion consumers, each of them needs 0.06 kilos per annum. Meanwhile, every
Japanese consumes 1.8 kilos per annum.
While Asia is believed to become the
biggest chocolate market in the near future, Vietnam is believed to be the
potential cocoa supplier in the region.
Vietnam’s current exports remain modest, just several thousands of
tons a year. However, Vietnam’s
cocoa quality is in no way inferior to any other supply sources. Cocoa
collectors like Vietnam’s
cocoa most in Asia because the material is
very good to make chocolate.
Puratos Grand-Palace Vietnam has
recently received award for the best cocoa in Asia Pacific in Paris, which was made of the cocoa beans grown in the
southern province
of Ben Tre.
Cargill, Puratos Grand Place and others have
come to Vietnam
to collect cocoa, where they triggered a stiff competition to dominate the
market.
Mars has set up a cocoa development
center in Cu Hue commune of Ea Kar district in Dak Lak province. Cargill has
a collection center in Hoa Thuan commune of Buon Ma Thuot city. Puratos Grand Place
Vietnam
is running a factory that preliminarily treats cocoa materials.
The Dutch government recently has
funded the private – public partnership (PPP) cocoa sustainable development
project in Vietnam.
Helvetas, Oxfam, JICA, AID all have also given support to cocoa projects.
Vietnam itself is a large market. It is estimated that it consumes
5,250 tons of chocolate every year, most of which has been fed by the
imports.
How to turn dream into reality?
About 4,000 tons of dry cocoa is made
out every year. Meanwhile, a cocoa processing plant has the capacity of
10,000 tons per annum at minimum.
Vietnam moves ahead with the projects on developing the cocoa growing
areas. Huynh Quoc Thich, Deputy Director of the Dak Lak provincial
agriculture department said competent agencies have been very demanding in
quality from the very beginning when kicking off cocoa growing projects.
More than 50 percent of Vietnam’s
cocoa has got UTZ quality certificates.
Dinh Hai Lam, Vietnam Cocoa
Development Director said nearly 100 percent of Vietnam’s cocoa can satisfy the
requirements.
Nguyen Ba Dung, technique advisor
from the said PPP project, confirmed that Vietnam’s cocoa has been highly
valuated in terms of quality.
The agriculture ministry plans to
develop 33,500 hectares of cocoa growing area by 2015 and obtain $70 million
worth in cocoa export turnover a year.
Duy Anh, VietNamNet Bridge
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