Keyword: "Vietnam Coffee – Cocoa Association"

The Ministry of Agriculture and Environment reported that Vietnam sold 1.3 million tonnes of coffee overseas for 7.41 billion USD between January and October, up 61.8% year-on-year and marking the highest annual value increase to date. The average export price reached 5,653 USD per tonne, a surge of 42.5% from the same period last year. Several markets posted outstanding growth, particularly Mexico, where export value jumped by 34.7 times.

Vietnam exported more than 1.8 million tonnes of coffee worth some 3.54 billion USD in 2018, year-on-year rises of 20 percent and 1.2 percent respectively.

Vietnam expects to export 1.7 million tonnes of coffee this year, earning about 3.5 billion USD, said Chairman of the Vietnam Coffee – Cocoa Association (VICOFA) Luong Van Tu.

Vietnam and the Middle East hold potential to boost trade and investment, as heard the Vietnam – Middle East trade forum held in Ho Chi Minh City on May 11.