Vietnam’s coffee exports possibly top 5 billion USD for first time
Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.
Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.
The price of coffee continues increasing from October 2023 while paradoxically, high prices cause the Vietnamese coffee industry to face many difficulties and challenges.
Nguyen Nam Hai (photo), Chairman of the Vietnam Coffee-Cocoa Association (Vicofa), shared about the landscape of the Vietnamese coffee industry in the context of...
The prices of Vietnamese coffee and pepper are forecast to continue increasing due to limited supply while the export of these products has also enjoyed relative growth,...
Domestic raw coffee prices have seen non-stop increases since the middle of last year to the highest ever, greatly warming farmers’ heart. Businesses, however, are not...
New records have continuously been set in the prices of coffee in Central Highlands localities recently, now standing at over 90,000 VND (3.65 USD) per kilo.
The prices of Vietnamese coffee are forecast to continue to increase next year due to severe supply shortage, according to the Vietnam Coffee-Cocoa Association (Vicofa).
There will be tension in coffee supply sources. Việt Nam’s green coffee prices will continue to increase in 2024 and poised for a record export revenue of $5 billion.
According to data from the General Statistics Office (GSO), in the first six months of 2023, Vietnam exported 1.01 million tons of coffee with a value of US$2.4 billion,...