Preheat oven to 350°F/180°C. Line baking sheet with parchment paper.
In the bowl of a stand mixer fitted with a paddle attachment, combine the oil and sugars until smooth. Beat in egg and vanilla until fluffy. Scrape sides of bowl as needed.
In a small bowl, whisk flour, baking soda and salt. Gradually add to the egg mixture, beating until just combined. On slow speed, stir in the coconut and chocolate chips until dispersed in the dough. Dough will be very thick.
Use a scoop or teaspoon to drop dough onto prepared baking sheet, spacing 2 - 3 inches apart. Bake 10 - 12 minutes until lightly golden brown. Cool on pan for 5 minutes, then transfer to wire rack to cool completely.
Store tightly covered in a cool dry place for up to 1 week.
If chocolate chips are left in the bowl after dropping the dough onto the cookies sheets, use your fingers to press them individually into the dough before baking.