With a small-batch release of 60DAYS Chocolate, Puratos Grand-Place Vietnam proves that reinventing the supply chain is the key ingredient to a superior product.
The chocolate industry can curtail extreme poverty in the cocoa sector by implementing higher prices that can be passed from consumers to farmers, says Puratos Grand-Place.
Dispatches from Asia Choco Cocoa Congress in Singapore
Vietnamese state-owned companies plan to convert some coffee and rubber plantations to cocoa, delivering a significant boost to the country’s annual output, says Vietnam’s principle cocoa buyer Puratos Grand-Place.
The first 100 per cent single source chocolate from Vietnam is being launched by Belgian B2B producer, Grand-Place, who in a bid to increase output is investing heavily in improving the quality of the cocoa beans from the region.
Sugar prices are falling in Vietnam after the government permitted
several thousand tonnes to be imported to ease restricted domestic
supply shortages.
Vietnam's burgeoning cocoa industry received a significant boost
last week after the US government confirmed it would provide $4
million (€3.4m) in development aid.
Vietnam is halfway through its target of planting 500 hectares of
cocoa this year. The country, famed for its quality coffee
production, wants to become less reliant on one single cash crop.