In 2025, Vietnam aims to increase coffee export turnover to US$8-10 billion, focusing on expanding markets for processed coffee and shifting to higher value chains.
Vietnam's coffee exports has topped US$3 billion so far this year.
The current proportion of processed pepper products for export stands at a mere 30%, indicating the need for a significant improvement.
VOV.VN - Local businesses have been advised to enhance intensive processing whilst investing in high-quality products in an effort to develop prestigious brands for the purpose of boosting the domestic coffee sector’s consumption rate from 13% to approximately 30% in the near future, according to insiders.
As of the end of June, the total area of coffee being sustainably grown in the five central highlands provinces exceeded 36,266 ha, a conference held on September 16 on accelerating the progress of the Vietnam Sustainable Agriculture Transformation Project (VnSAT) heard.
VOV.VN - Vietnam's coffee industry is expected to enjoy tax incentives brought about by the implementation of EU-Vietnam Free Trade Agreement (EVFTA), especially as the EU market accounts for approximately 30% of global coffee consumption.