The Trung Nguyen group, Vietnam’s famous coffee business, plans to open 3,000 E-Coffee shops by 2020, before bringing the franchise chain to overseas market.
VOV.VN - Vietnam’s coffee exports suffered a sharp drop, in terms of both volume and value during the first half of the year, according to the General Department of Vietnam Customs.
VOV.VN - The price of coffee has undergone another surge during the past week after prices fell to below VND30,000 per kilo in mid-May.
VOV.VN - Vietnam was the leading supplier of coffee to Russia in the first half of this year with import volume increasing by 59.3%.
VOV.VN - Despite being the world leading exporter of Robusta coffee, Vietnam has to import instant coffee to meet special customers’ needs and a huge volume of green coffee beans every year from Laos and China for processing and exports.
Vietnam’s coffee productivity is three times higher than the average level globally, but the profit that coffee growers pocket is low because of poor competitiveness and unstable output.
Coffee export markets were quiet this week with premiums in Vietnam edging down on a rebound in London prices while discounts widened in Indonesia amid a steady supply of bean, traders said on May 4.
VOV.VN -Nationwide coffee exports for 2017 are expected to fall 30% in volume with revenue climbing to US$3.35 billion, said Do Ha Nam, vice chair of Vietnam Coffee and Cacao Association recently.
Environment police have seized a shipment of fake coffee at a bus station in the central town of Vinh, some 300km (186 miles) south of Hanoi.
Coffee exports from Vietnam, the world's second-biggest producer after Brazil, may dip in the calendar year of 2017 due to thin carryover stocks while production of the next crop could be threatened by a lack of water, industry officials said.
VOV.VN - Coffee trees have been planted in the Central Highlands for hundred years, making the region ‘the King of Vietnamese coffee’.
VOV.VN -The country’s coffee industry had a record setting year for 2015/16 (Oct/Sep) as a bumper crop led to exports of 27 million 60-kg bags— the highest volume ever recorded, reports the Vietnam Coffee and Cocoa Association.
Prices of some of Vietnam's major agricultural goods are forecast to rise this year, according to the World Bank's (WB) Commodity Markets Outlook report.
India-based Tata Coffee, a subsidiary of Tata Global Beverages, has released plans to set up a greenfield freeze-dried instant coffee plant in Vietnam with the total investment capital of $50 million. The plans were stated in a filing to the Bombay Stock Exchange (BSE).
VOV.VN - Vietnam has shipped abroad 1.61 million tons of coffee since early this year, up 33% against the corresponding period last year, according to the General Department of Vietnam Customs.
The prices of green robusta coffee beans in the Central Highlands have risen to VND37.6- 38.3 million (US$1,671-1,702) per tonne this week, up according to the Ministry of Agriculture and Rural Development.
VOV.VN - Many weasel-raising households in the Central highlands province of Lam Dong’s Da Lat city make weasel coffee – one of the most famous and expensive coffees in the world.
Starbucks Reserve coffee grown in Cau Dat District, Dalat City has been made available for guests to order at Starbucks stores in Vietnam.
While Cau Dat’s coffee has a bright future as it can be sold through the Starbucks’ chain, other Vietnamese roasters can only dream of selling coffee on such a big scale.
Applying advanced technology has helped Vietnam’s coffee sector develop sustainably, making the country the world’s second largest coffee producer, following Russia, and the top Robusta coffee exporter.