Vietnam’s Aroma and Intensity coffees produced by the Sobica Joint Stock Company were recognised at the first international roasted coffee competition in France.
(VOV) - Speakers at a conference in Buon Ma Thuot City revealed on March 11 that in 2014 Vietnam shipped US$3.4 billion of coffee to more than 60 countries, making it the second largest international exporter.
Vietnamese speculators are stashing away bags and bags of robusta, a caffeine-rich bean used in instant coffee and blends.
Vietnam is the fifth most recognised coffee producing country in the US – the world’s largest coffee consuming market, according to a recent survey by the Colombian Coffee Growers Federation (FNC).
(VOV) -In the staunchly competitive coffee industry, leading economists forecast Vietnam is set to become the world’s largest coffee exporter, providing the Southeast Asian nation can surmount its shortcomings.
(VOV) -Seven Vietnamese businesses have showcased their products at the International Coffee & Tea Industry Expo 2014 and Sweets & Bakes Asia 2014 in Singapore from March 6-8.
Vietnam has overtaken Brazil to become the largest coffee exporter in the world, according to the International Coffee Organisation (ICO).
Vietnam’s coffee exports in August are estimated at somewhere between 70,000 and 100,000 tonnes, or between 1.17 million and 1.67 million bags of beans, lower than last month’s figure, said traders to Reuters on August 7.
World coffee prices show a sharp increase of 17 percent over the last week and 21 percent against January 2012.
The economic crisis and a bumper Robusta coffee crop in Vietnam have dragged down coffee prices on both the international and domestic markets.
Vietnamese robusta coffee had a big month on the London International Financial Futures and Options Exchange (LIFFE) in May, with most stocks managing to meet quality specifications.