What Betrimex does

Betrimex (legal name: Ben Tre Import and Export Joint Stock Company) is a Vietnam-based coconut product manufacturer and exporter founded in 1976 in Ben Tre province — Vietnam's primary coconut-producing region, which accounts for 44% of national coconut output. The company operates an integrated coconut value chain spanning 15,000+ hectares of organic coconut plantations, two factories in Vietnam and one in Indonesia, a 10,000 m² warehouse holding 3 million liters of finished goods, and a portfolio of 1,300+ product formulations. Its core technology stack comprises Tetra Pak UHT direct sterilization, cold-pressed extraction for coconut milk/cream, and -40°C quick-frozen processing for coconut cream, supported by 27+ international certifications including the first China Organic certification granted to a Vietnamese coconut enterprise.

The company operates a dual-track revenue model: (1) own-brand consumer products sold under the Cocoxim label (coconut water, coconut milk, virgin coconut oil, value-added beverages, desiccated coconut) through domestic retail chains, e-commerce marketplaces, and 80+ country distribution, and (2) B2B private label/OEM/ODM contract manufacturing for global food and beverage brands, showcased at THAIFEX–Anuga Asia and PLMA Amsterdam. Customer segments include B2B Food & Beverage Brands (primary), Industrial Food Manufacturers, and Retail Consumers, served via five regional sales/marketing offices (Ho Chi Minh City, Orange CA, Singapore, Shanghai, Horsens Denmark) and 204+ global partners. TTC AgriS, Vietnam's largest sugar company, holds a 30% stake acquired in 2024 as part of a broader agricultural diversification strategy.

Name

Betrimex

Legal name

Ben Tre Import and Export Joint Stock Company (BETRIMEX)

Website

https://betrimex.com.vn

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Betrimex is a Vietnam-based coconut product manufacturer (founded 1976) producing coconut water, milk, oil, and ingredients under its Cocoxim brand and via private-label/OEM contracts for global food and beverage brands, with operations spanning 15,000+ hectares of organic plantations, three factories, and distribution to 80+ countries.

Ownership category

akta.pro rank

Product category

Coconut Products Manufacturing

NAICS

Starch and Vegetable Fats and Oils Manufacturing (31122), Dairy Product (except Frozen) Manufacturing (31151)

SIC

Beverages (2080), Food And Kindred Products (2000)

akta.pro primary industry

Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks) (CRADAHAB)

akta.pro secondary industries

Coconut Oil Processing (AFAKAEAD), Plant-Based & Dairy Alternative Beverages (Oat, Almond, Soy, etc.) (CRADAHAM), Edible Oil Packaging, Bottling & Private Label Manufacturing (AFAKAEAJ)

Keywords

• Coconut water manufacturing
• Private label OEM
• Organic coconut products
• Coconut beverage production
• Coconut ingredient supply

Headquarters

HQ city

Ben Tre

HQ country

Vietnam

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Own-brand coconut product sales: Manufacture and sale of coconut-based consumer products under the Cocoxim brand including coconut water, coconut milk, coconut oil, coconut milk beverages, and desiccated coconut, sold through retail and wholesale channels globally.
2. Private Label / OEM / ODM Manufacturing: Contract manufacturing services for global brands developing private label coconut products. Betrimex provides end-to-end solutions from product research and formulation to manufacturing and commercialization, supporting both retail and industrial product needs.
3. Industrial / Ingredient Products: Supply of coconut-based industrial ingredients including frozen coconut cream, desiccated coconut, coconut oil, and coconut milk/cream for food and beverage manufacturers, sold in bulk B2B quantities.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Betrimex manufactures and globally distributes a full range of coconut-derived products, including coconut water, coconut milk, virgin coconut oil, desiccated coconut, frozen coconut cream, and value-added coconut beverages. Products are sold under the Cocoxim retail brand and through private label/OEM/ODM contract manufacturing for international food and beverage brands, supported by 1,300+ proprietary formulations and Tetra Pak UHT/cold-pressed processing technologies.

Product overview

Betrimex is a leading Vietnamese coconut product company with nearly 50 years of experience, offering a diverse portfolio of coconut-based products including coconut water, coconut milk, coconut oil, coconut cream, and value-added coconut beverages. The company operates a platform-plus-modules architecture with core products (coconut water, coconut milk, coconut oil, desiccated coconut) and value-added products (flavored coconut water, protein drinks, coconut milk coffee, curry sauce, barista products). Products are sold under the Cocoxim brand for retail and as industrial ingredients. Manufacturing uses Tetra Pak technology with UHT processing, and the company operates 2 factories in Vietnam and 1 in Indonesia with over 1,300 product formulations developed.

Differentiator

Problem solved

Functional benefit

Brands

• Cocoxim: Premium coconut water brand from Ben Tre, Vietnam, certified organic and non-GMO.

Products and services

• Coconut Water (Pure) 100% natural coconut water processed on Tetra Pak production line with direct UHT technology, preserving natural coconut flavor and nutrients. Sold under the Cocoxim brand for retail and as bulk ingredient for B2B.
• Coconut Milk Drink Beverage made from 100% coconut cream and pure coconut water; lactose-free with no cholesterol, providing natural nutrients and minerals for retail consumers.
• Vietnamese Coconut Milk Coffee Ready-to-drink Vietnamese-style coconut milk coffee offering a smooth, light, energizing beverage for retail consumers.
• Virgin Coconut Oil Virgin coconut oil produced from Ben Tre coconuts using advanced processing, free from additives, deodorizers, and colorants, retaining natural nutrients, vitamins, and minerals.
• Coconut Milk / Cream (Culinary) Culinary-grade coconut milk and cream produced from fresh coconut meat under a cold-pressed process that preserves maximum nutrients and natural coconut taste.
• Frozen Coconut Cream Industrial frozen coconut cream extracted from white coconut meat, pasteurized, quickly frozen at -40°C, and stored at -18°C to preserve nutrients and natural flavor. Sold in bulk to food and beverage manufacturers.
• Desiccated Coconut Desiccated coconut crafted from coconut meat meticulously stripped of its outer layer, with a milky white hue, rich taste, and captivating aroma for bakery, confectionery, and culinary applications.
• Hydration+ Electrolyte Coconut Water Coconut water enriched with 4 electrolytes, designed for effective daily hydration with low calorie and low sugar content for retail consumers.
• Coconut Milk Beverage (Chocolate) Coconut milk blended with chocolate, offering a rich, indulgent yet wholesome beverage for retail consumers.
• Coconut Milkshake High Protein Coconut milkshake with plant-based protein delivering 21g of clean plant protein per serving, targeted at fitness, snack, weight management, and balanced lifestyle consumers.
• Curry Sauce Ready-to-use coconut-based curry sauce providing a rich, creamy, aromatic base for curry dishes, balancing spices and coconut essence.
• Coconut Milk Barista Coconut milk crafted for barista-style creations, designed for use in coffee, tea, smoothies, and other beverages by cafés and foodservice operators.
• Coconut Water with Flavor Coconut water infused with pistachio or chocolate flavor, providing natural electrolytes for clean hydration in retail consumers.
• Coconut Whipping Cream Fully plant-based vegan coconut whipping cream that whips into a smooth, airy texture with rich coconut aroma, designed for beverages, desserts, and bakery applications.
• Coconut Water with Tropical Juices Coconut water blended with tropical fruit juices, offering mixed flavor options for retail and industrial product applications.
• Private Label / OEM / ODM Coconut Manufacturing End-to-end contract manufacturing service for global food and beverage brands developing private label coconut products. Covers product research, formulation development, manufacturing, and commercialization, supporting both retail and industrial product needs across coconut water, milk, cream, oil, and desiccated coconut formats.

Quantifiable outcome

• Coconut Milkshake with Plant Protein won Best Protein Beverage award at Alternative Protein Taste & Flavour Challenge 2026
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• SRDC (Thanh Thanh Cong Sugar Application Research Joint Stock Company)coreStrategic or Co-development Partner · 1 July 2020Betrimex and SRDC entered a cooperation agreement in July 2020 to implement biological pest control methods for organic coconut farming in Ben Tre and Tra Vinh provinces. Based on SRDC's experience in sugarcane pest control and successful export of biological methods to Laos, the partners deployed integrated pest management including BSF oil spraying, releasing red-eyed bees (Trichogramma spp.), and promoting local natural enemies. By 2022, the partnership supported treatment of over 270 hectares of infested coconut using these methods, with 100% enterprise funding.
• Control UnioncoreOthersControl Union is the international organic certification body that conducts annual assessments of Betrimex's organic coconut plantations. Their experts visit organic coconut farms to evaluate and issue organic certifications, with samples tested at Control Union's headquarters in the Netherlands. This certification is critical for Betrimex's export to markets requiring organic verification (US, EU, Australia, Korea, Japan, China).
• Loc Troi GroupminorOthersAn MoU was signed in early December 2025 between TTC AgriS (Betrimex's parent investor) and Loc Troi Group to develop a sustainable rice value chain. While this involves AgriS rather than directly Betrimex, it signals the broader agricultural ecosystem Betrimex is part of, with Loc Troi contributing 17 licensed rice exporters to China and 2,000 B2B clients to the partnership.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Thai Coconut Public Company (Amara): Thai-based coconut product manufacturer producing coconut water, coconut milk, and virgin coconut oil for global export. Most directly comparable to Betrimex given similar product portfolio, private label/OEM focus, and export-oriented business model from Southeast Asia.
• Harmless Harvest: Danone-owned premium organic coconut water brand emphasizing fair trade and sustainable sourcing. Comparable to Betrimex in organic coconut water positioning, though with stronger consumer brand recognition in North America.
• Celebes Coconut Corporation: Philippine-based coconut products manufacturer producing virgin coconut oil, coconut water, and desiccated coconut for global export. Comparable to Betrimex as a vertically integrated Southeast Asian coconut processor with similar B2B and ingredient focus.
• C2O Pure Coconut Water: California-based coconut water brand sourcing from Southeast Asia with private label capabilities. Comparable to Betrimex in coconut water product category, with overlapping target market in North American retail and foodservice.
• ADAMEX (Arabella International): Malaysian coconut products manufacturer producing coconut milk, coconut cream, and virgin coconut oil for global B2B customers. Comparable to Betrimex in coconut ingredient portfolio, OEM/private label capabilities, and Southeast Asian origin.
• Axelum Resources Corp. Philippine-based fully integrated coconut products manufacturer and exporter with global retail and private label customers. Comparable to Betrimex in vertically integrated coconut processing and export-driven business model.

Broad incumbents

• Vita Coco: Global leader in branded coconut water with established retail presence across North America, Europe, and Asia. Comparable to Betrimex in coconut water category but operates primarily as a brand-led marketing company rather than a vertically integrated manufacturer.
• Franklin Baker (Cargill): Acquired by Cargill, Franklin Baker is one of the world's largest desiccated coconut producers with Philippine manufacturing. Comparable to Betrimex in industrial coconut ingredients and global B2B distribution, though backed by a multinational parent.
• Dabur India: Large Indian FMCG company with coconut water and coconut oil product lines across South Asia and Middle East. Comparable to Betrimex in select coconut product categories, though operates as a broad-based consumer goods company rather than a coconut specialist.

Regional players

• Ducoco Produtos Saudáveis: Brazil-based coconut water, coconut milk, and coconut oil manufacturer serving Latin American markets. Comparable to Betrimex in product mix and private label offering, though primarily competing in different geographic markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCB5TW4J09jTbPz3dY3hFHjw
• Facebookfacebook.com/betrimexvietnam

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Betrimex