Keyword: "coffee price"

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Coffee harvesting in the growing area of ​​Simexco Daklak Company, Buon Ma Thuot city, Dak Lak province (Photo: VNA)

Coffee price hikes push export revenue up

A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Vietnam Coffee-Cocoa Association (Vicofa).

Farmers classify coffee beans. Coffee exports are estimated to reach 2.9 billion USD in the first five months of this year, up 43.9 per cent over the same period last year. (Photo: VNA)

Coffee exports reach 2.9 billion USD in five months

Coffee exports are expected to reach an estimated 2.9 billion USD in the first five months of this year, representing a rise of 43.9% over the same period last year on rising prices despite a drop of 3.9% in volume to 833,000 tonnes, according to the Ministry of Agriculture and Rural Development.