Coconut farmers not make much profit despite high prices

Coconut farmers not make much profit despite high prices

The Mekong delta region is home to 130,000 hectare of coconut, accounting for 78 percent of the whole country. Over 1.9million farmers in the region earn income from coconut, yet very a few of them can make rich from the tree.
 
Coconut farmers in Mekong Delta in anguish

Coconut farmers in Mekong Delta in anguish

In the Mekong Delta, even though price of dried coconut has of late dropped to an all-time low of VND14,000-16,000 per dozen (US$0.76), coconut traders are still nowhere to be seen.