Coffee company CCL Products India Ltd (Continental Coffee), based in Andhra Pradesh, is investing 20 million USD in doubling the capacity of its coffee manufacturing facility in Vietnam, Times of India reported.
Up to 49,083ha of coffee in the Central Highlands, the coffee cultivation hub of Vietnam, have been cultivated following all the sustainable production criteria thanks to Vietnam Sustainable Agriculture Transformation (VnSAT) project.
Indonesia’s Kopi Kenangan coffee chain has raised 96 million USD in its latest Series C round at a valuation above 1 billion USD, propelling it to unicorn status.
Vietnam’s coffee industry received some good news recently, with its Robusta coffee securing world records and global recognition. An announcement was made on December 22 in Ho Chi Minh City by TNI King Coffee Co., Ltd., the World Records Union (WorldKings), and the Vietnam Book of Record (VietKings).
Coffee is one of the key agricultural products of the Central Highlands in general and Gia Lai province in particular, but Gia Lai coffee has not been able to earn a brand name on par with its value.
The Institute of Policy and Strategy for Agriculture and Rural Development has forecast that Vietnam’s coffee export will increase in coming months on the back of growing global demand and free trade agreements.
Coffee exports in the first nine months of this year decreased in volume but increased in turnover, with Germany being the largest market for the product.
Vietnam enjoyed a year-on-year rise of 13.1 percent in the export revenue of agro-forestry-fisheries products in the first 10 months of 2021 to nearly 38.75 billion USD, according to the Ministry of Agriculture and Rural Development (MARD).
To align Vietnam's coffee, fruit and vegetable industries with international standards on responsible business practices and sustainable growth, the sectors have agreed to abide by a unifying Code of Conduct (CoC) on how they operate. The move was announced at a virtual workshop on October 27.
The Vietnam Specialty Coffee Competition 2022 has been launched, with registration available for participants between February 15 and March 25 next year.
More and more startups nowadays are committed themselves to finding innovative solutions to environmental problems. Rens Original, a sustainable fashion startup co-founded by Jesse Khanh Tran and Son Chu, two Vietnamese young men studying and living in Finland, is one of them.
Vietnam is the world’s second-largest coffee producer in 2020, just behind Brazil and has the highest coffee yield in the world with a production of 2.4 tonnes/ha.
While the demand for traditional coffee is saturated, that for specialty and organic coffee in North European region is still increasing, which is considered a good chance for Vietnamese enterprises to expand coffee export to this market.
On the occasion of International Coffee Day (October 1), the website Booking.com has announced the most popular destinations to enjoy coffee in the world, accordingly Ho Chi Minh City of Vietnam ranks 7th.
Vietnam’s coffee exports to the Republic of Korea (RoK) are forecast to grow in the near future as the RoK’s demand for the product has been on the rise, according to experts.
A webinar on coffee tourism’s product development and promotions was held on September 16 by the Vietnam National Administration of Tourism (VNAT) and the Embassy of Colombia in Vietnam, with the participation of more than 200 delegates of the two countries.
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