VOV.VN - The Netherlands’ The & GREEN Fund unveiled plans on August 15 that it will provide up to US$25 million in funding to Phuc Sinh Corporation, one of the key Vietnamese coffee and pepper exporters, to develop a deforestation-free coffee value chain in a sustainable manner.

Much needs to be done to raise the value of Vietnamese coffee in the international market, experts said at a workshop in Ho Chi Minh City on March 4.

Vietnam gained US$2.7 billion from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10% of the world’s coffee value and 18% of the market share, according to the Ministry of Agriculture and Rural Development (MARD).