Vietnam is the world’s second largest coffee exporter and tops in robusta production and export, with about 1.5 million tonnes of coffee exported each year, fetching a revenue of 3.5 billion USD.
But the exports remain in the form of unprocessed beans with little value addition, according to insiders.
To improve this situation and develop the industry in a sustainable manner, the sector plans comprehensive measures such as expanding processing, building brands for its products and strengthening linkages in the value chain.
Foreign investors are increasingly investing in processing to take advantage of the plentiful availability of premium coffee, a large domestic market with a population of 97 million, and tax breaks through 40 free trade agreements the country has signed./.
