Vietnam should encourage domestic and foreign investors to focus onproducing high value-added coffee, since it is one of the country’sleading agricultural exports, according to the Vietnam Coffee and CocoaAssociation (VICOFA).
Vietnam has a total coffeecultivation area of 614,545 hectares, with 92 percent of cultivationareas located in the Central Highlands provinces. Each year, the countryexports 1 million tonnes of coffee beans, generating an export turnoverof more than 3.4 billion USD.
Chairman of the VICOFA Luong VanTu said Vietnamese coffee accounted for 20 percent of the world’s totalproduction volume. However, the country only generated 2 percent of theglobal coffee value, adding that each coffee producing household earnedaround 2 USD from the sale of one kilogramme of coffee beans.
According to the master plan for coffee development by 2030, domesticand foreign businesses will benefit from incentives to upgrade and buildintegrated processing plants with a capacity of more than 135,000tonnes per year, including the production of 60,000 tonnes of instantcoffee.
VICOFA suggested the Ministry of Agriculture and RuralDevelopment develop a detailed plan with a focus on mechanisms andpolicies to develop the coffee processing network in line withcultivation areas.-VNA
Vietnam has a total coffeecultivation area of 614,545 hectares, with 92 percent of cultivationareas located in the Central Highlands provinces. Each year, the countryexports 1 million tonnes of coffee beans, generating an export turnoverof more than 3.4 billion USD.
Chairman of the VICOFA Luong VanTu said Vietnamese coffee accounted for 20 percent of the world’s totalproduction volume. However, the country only generated 2 percent of theglobal coffee value, adding that each coffee producing household earnedaround 2 USD from the sale of one kilogramme of coffee beans.
According to the master plan for coffee development by 2030, domesticand foreign businesses will benefit from incentives to upgrade and buildintegrated processing plants with a capacity of more than 135,000tonnes per year, including the production of 60,000 tonnes of instantcoffee.
VICOFA suggested the Ministry of Agriculture and RuralDevelopment develop a detailed plan with a focus on mechanisms andpolicies to develop the coffee processing network in line withcultivation areas.-VNA
