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Vietnamese cocoa market: Puratos Grand-Place has come

Just one year after the British ED&F stopped collecting cocoa in Vietnam and Japanese Mitsubishi “disappeared,” Puratos Grand-place has penetrated the Vietnamese market to become a big rival for Cargill.

Vietnam’s export relies on foreign-invested sector

The majority of the exports in the first nine months of the year came from foreign invested enterprises (FIEs). Experts have warned that domestic enterprises would “die” or be swallowed by foreign sharks.