Vietnam is known as one of the world’s leading producers and exporters of coffee, however, it took nearly a century for coffee exports to surpass the US$5 billion mark for the first time in 2024.

VOV.VN - Vietnamese coffee exports are anticipated to encounter a myriad of difficulties over the short term due to the complicated nature of developments relating to the novel coronavirus (COVID-19) pandemic, according to industry insiders.

VOV.VN - Moving ahead into the coming months there is a positive outlook for Vietnamese coffee exports due to global coffee stocks in port warehouses falling to their lowest level in many years, according to data released by the Ministry of Agriculture and Rural Development (MARD).

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.

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.