Business

Coffee bean prices at highest for two years

The price of coffee in the Central Highlands has hit its highest level for two years, with a kilo now worth 31,500 VND. In Dak Lak alone, Vietnam ’s key coffee growing area, the price has even risen to 32,400 VND per kilo of beans.
Business

Foreign funds pour into coffee processing

The entry of a few major investors in instant coffee processing has stirred up this market segment in Vietnam, the Dau Tu (Vietnam Investment Review) newspaper reports.
Business

Dak Lak shifts from coffee to cacao

Coffee farmers and enterprises in the Central Highlands province of Dak Lak are increasingly using their old Robusta coffee plantations with low yield to cultivate cacao.
Business

Coffee exports reach 1.3 billion USD

Vietnam exported 54,000 tonnes of coffee, with a total value of 76 million USD in September, according to the Ministry of Agriculture and Rural Development.
Business

Coffee exports face downward price trend

Vietnam’s coffee export has been affected by dropping prices over the past six months which brought the export value down by 12 percent year-on-year despite an increase in volume, said the Ministry of Agriculture and Rural Development.