Cacao cultivation acreage to reach 80,000ha by 2020
VNBusinessNews.com – The annual second session of the Vietnam Cacao Co-ordination Committee (VCC) to review the development
of cacao production this year was held in the Central Highland Province of Dak Lak on November 20.
It was reported at the event that this year farmers have made a high profit thanks to high cacao prices in the market. Many cacao research centres have introduced new high-yield varieties. Vietnam has set a target of expanding the cacao growing acreage to 80,000ha by 2020.
“Vietnam wants to sustainably improve both the quality and quantity of cacao,†said Tong Khiem, chairman of the Committee.
The country now has more than 12,200ha of cacao under cultivation, including nearly 2,000 ha grown this year, an annual increase of 19 percent against last year.
Tags: Vietnam agriculture, Vietnam business news, Vietnam Cacao