It looks like there might be a slight misunderstanding regarding the name "Valbet palm." There isn’t a widely recognized palm species with that specific name. However, you might be referring to the Velvet Palm, which is often used to describe certain palms with soft, velvety-textured foliage. One of the palms that is sometimes called "Velvet Palm" is the Parlor Palm (Chamaedorea elegans).

Here’s an overview of the Parlor Palm:

Parlor Palm (Chamaedorea elegans):

• Scientific Name: Chamaedorea elegans
• Common Names: Parlor Palm, Neanthe Bella Palm, Velvet Palm
• Description:
  • A small, slow-growing palm that typically reaches about 1.2 meters (4 feet) when grown indoors, though it can grow taller outdoors in tropical climates.