Coffee export could reach 4 billion USD as global prices remain high
Global and domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over 4 billion USD this year, a record...
Global and domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over 4 billion USD this year, a record...
The coffee industry of Vietnam is working to increase the value of raw coffee exports as low added value still makes up the majority of the product that is shipped...
As of the start of 2023, domestic coffee prices have risen by approximately 20 per cent since the end of 2002, reaching VNĐ48,000 per kg (equivalent to US$2.05 per kg)...
Promoting deep processing activities towards the formation of a value chain is the goal that Vietnam's coffee industry is aiming to improve the value and ensure...
Vietnam remained the second-largest coffee exporter in the world from February 2021 to January 2022, according to the International Coffee Organisation.
Vietnam has no coffee brand in the list of the 10 most expensive in the world, although it is the largest Robusta coffee producer and ranks second in export coffee...
Banks are facing higher cost of fund (COF) as a result of tightening liquidity and stricter monetary policies.
Coffee exports have also increased by an impressive 13.8 per cent in volume and 32 per cent in turnover compared to the whole year of 2021.
Vietnam is likely to rake in 4 billion USD from exporting coffee this year.
With an estimated annual coffee export of over $3.9 billion, Việt Nam plays a vital role in uplifting the whole ASEAN coffee sector.
Việt Nam exported 1.42 million tonnes of coffee in the first ten months of this year, a rise of 10.8 per cent over the same period last year.
Vietnam’s coffee market share in the total import turnover of France and Canada has been low.
Despite inflation and difficulties in trade, Việt Nam's coffee exports recorded strong growth, according to experts, who expect a record US$4 billion in export value...
The General Department of Vietnam Customs has said that the local coffee industry may reach an export milestone of 4 billion USD for 2022.
There is ample room for growth for Vietnamese coffee exports as Spain’s coffee segment is expected to grow by 6.84% in 2022-2025 period, according to the Vietnamese...
Many Vietnamese investors have been asserting their mark on the world market when "upstream" to invest in markets such as Europe, the US, Australia, and China.
The Vietnam - UK Free Trade Agreement (UKVFTA) has substantially assisted Vietnam’s coffee sector to expand its market share in the UK, according to the Foreign Trade...
Coffee and tea chains no longer have it as easy as they did before the pandemic. However, giants in the fields of real estate, retail, and FMCG keep entering the...
Since the start of this year, coffee shipments to Europe, the US and Japan have enjoyed remarkable increases. In the first half of 2022, Vietnam exported nearly 1...
Vietnam aims to replant or transplant about 107,000ha of coffee in the 2021 – 2025 period, the Ministry of Agriculture and Rural Development has said.
In recent years, China has always been a major importer of Vietnamese coffee with a higher ranking position each year. As China's coffee consumption demand...
Improving coffee quality and building brands are essential for Vietnam to expand exports to the EU, according to the Ministry of Industry and Trade.