With coffee prices consistently high and export markets showing impressive growth, Vietnam’s coffee industry is entering a golden phrase, requiring it to reposition itself on the global map through better quality, branding, transparent traceability, and sustainability, according to insiders.
VOV.VN - A sharp surge in price has helped to boost Vietnam’s export value of coffee to Thailand despite a significant drop in volume, according to Vietnam Customs.
VOV.VN - Vietnam has fallen to second place among coffee suppliers to Thailand, as Laos has unexpectedly claimed the top position, according to recent data released by the International Trade Centre (ITC).
VOV.VN - Vietnamese Prime Minister Pham Minh Chinh and his visiting Japanese counterpart Shigeru Ishiba along with their spouses enjoyed traditional Vietnamese cuisine and sampled the unique flavour of Vietnamese coffee in Hanoi on April 29 morning.
Nestlé Vietnam announced on April 21 that the company will increase its operational capital in the country, with a nearly VND1.9 trillion (US$73.4 million) investment to expand its Tri An factory in the southern province of Dong Nai – one of the group’s most advanced coffee processing plants worldwide.
VOV.VN - The surge in coffee prices has propelled the export value of the commodity to reach a record high of US$1.16 billion in March, marking a sharp rise of 72% compared to the same period last year, according to the Ministry of Agriculture and Environment.
VOV.VN - Vietnam fetchedapproximately US$2.28 billion from exporting 406,637 tonnes of coffee by mid-March, marking a significant increase compared to the same period last year, according to Vietnam Customs.
Vietnam exported 309,505 tonnes of coffee, earning approximately US$1.72 billion in the first two months of this year, according to the Department of Customs.
The Vietnamese Trade Office in Australia is actively negotiating with Australian agencies to introduce new Vietnamese products into this market, the office has said.
The 9th Buon Ma Thuot Coffee Festival concluded on March 13 after five days of vibrant activities in Buon Ma Thuot city, the Central Highland province of Dak Lak.