The Vietnamese Ministry of Agriculture and Rural Development (MARD) and the Sustainable Trade Initiative (IDH) organisation of the Netherlands on December 17 co-organised the handover ceremony of the pilot results for the database system for forests and coffee-growing areas in compliance with the EU Deforestation Regulation (EUDR).
Vietnam recently showcased its certified halal products at the Melaka Halal Festival 2024 in Malaysia, a move to expand its presence in the global halal market.
Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.
Vietnam’s agricultural product exports are on track to achieve an unprecedented milestone, with projected revenue reaching 60-61 billion USD this year, up 7-8 billion USD compared to 2023.
Coffee was introduced to Vietnam in the late 19th century. It quickly adapted to the country’s fertile soil and favorable climate, becoming a drink deeply embedded in Vietnamese culture.
From the streets of Hanoi to the bustling corners of Saigon, coffee is more than just a drink here—it's a way of life.
A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Vietnam Coffee-Cocoa Association (Vicofa).
It is a great time for Vietnam to build on specialty coffee segment to enhance its global recognition and increase its value in the coffee supply chain, insiders said.
Recently, Michelin highlights six Vietnamese coffee styles which blends traditional and modern influences, including iced milk coffee, egg coffee, and salted coffee.
Vietnam is the second-largest supplier of coffee to the United Kingdom (UK). The average export price of Vietnamese coffee to the UK in the first half of 2024 reached 3,941 USD per tonne, an increase of 68.4% compared to the same period last year.
Vietnam's coffee exports has topped 3 billion USD so far this year.
Vietnamese iced coffee has been selected by the international culinary magazine TasteAtlas as one of the best coffees in the world.
Ho Chi Minh City has caught the eye of foreign travelers to earn a spot on a list of Agoda’s top Asian destinations for extended stays.
Vietnam continues to be ranked among the "coffee powerhouses" in the world, supplying a total of 1.63 million tonnes to both the domestic and international markets in 2023.
