Vietnam possesses a lot of favourable natural conditions for cocoa development. Million hectares of fat land in the South East and Central Highlands regions and western part of the southern region, which were used for industrial crops, are proven to be suitable for cocoa cultivation. More than 3,000 cocoa trees supplied by the US and Dutch government are currently growing in central highlands Dak Lak, Mekong Delta Ben Tre, and southern Binh Phuoc provinces.
The USDA has given US$4 million in aid for the Vietnamese cocoa farmers through Cocoa Program. The fund has been closely managed by Vietnam’s executive board. Recently, the US Agency for International Development (USAID) has provided Vietnam with US$800,000 to help Vietnam become a supplier of high-quality fermented cocoa beans. The Dutch government has invested 650,000 Euros in helping Vietnam become a high-quality cocoa producer.
In order to become ranked among the world’s biggest cocoa exporters, Vietnam needs to supply approximately 50,000 tonnes of cocoa per annum to the world market. The Vietnamese government will make use of all financial assistance from international organizations for developing cocoa production.
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