Vietnamplus

Real Bean Coffee, Trung Nguyen Legend and Lamant Coffee won the gold, silver and bronze prizes at the first Vietpresso Contest held in Ho Chi Minh City last week.

Vietnam exported 943,000 tonnes of coffee worth 1.6 billion USD in the first half of 2019, representing decreases of 9.2 percent and 19.9 percent year on year, respectively.

More than 20 famous coffee brands in Vietnam are being showcased at a coffee festival in the central city of Nha Trang, south central Khanh Hoa province.

Dak Lak, the country’s largest coffee growing province, plans to reduce the area under the crop from 204,800ha now to 180,000ha by 2030, according to Vice Chairman of the provincial People’s Committee Nguyen Hai Ninh.

The total export value of agro-forestry-fishery products from January-November expanded 9.1 percent year-on-year to reach 36.3 billion USD.

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.

Economic, trade, and investment ties between Vietnam and Romania remain modest and have yet to match their full potential, as heard at a seminar introducing the Romanian market in Hanoi on October 22.

Vietnam exported 1.46 million tonnes of coffee worth 2.77 billion USD in the first three quarters of 2018, an increase of 20.1 percent in volume and 0.4 percent in value compared to the same period last year.

Working groups under the PPP format for agriculture products should build an effective cooperation mechanism in order to develop the market.

Italian coffee producers highly evaluated Vietnamese coffee beans as they are essential ingredients of their products, Mario Vicentini from Comunicaffe International, an Italian daily newspaper about coffee, told Vietnam News Agency reporters at Milano Coffee Festival.

Local authorities and farmers who grow coffee under VietGap in the Central Highlands province of Gia Lai are seeking a better selling price for their coffee because of its higher quality.

Vietnam has set up a project to promote high-quality Vietnamese coffee backed by about 170 billion VND (7.5 million USD).

An improved business climate has made the Central Highlands province of Dak Lak an attractive destination for both domestic and foreign direct investment (FDI), helping develop the local economy.

Vietnam exported 974,712 tonnes of coffee from January 1 to August 15 this year, a reduction of 16.4 percent from the same period last year, earning 2.22 billion USD in value, up 7.9 percent, according to Vietnam’s Customs.

India’s Tata Coffee Ltd., Asia’s largest coffee plantation company, began construction of a freeze-dried coffee plant in Vietnam on August 16.

The Central Highlands has become a major agricultural production hub of Vietnam, producing many high-demand products and bringing home multi-billion-USD export revenue.

Brazilian Ministry of Agriculture’s manager in charge of coffee Silvio Farnesi has said that the government has approved the importation of robusta coffee, including those from Vietnam

Construction started on an instant coffee plant at Nhon Trach 3 Industrial Park in Nhon Trach district of the southern province of Dong Nai on January 16.

The coffee industry is restructuring itself to raise productivity, quality and value, according to the Vietnam Coffee and Cocoa Association.

Vietnam’s coffee sector targets earning 5-6 billion USD from export by 2030, said the Vietnam Coffee and Cocoa Association (VCCA).