Exporting coffee starts the new crop season with many concerns

Exporting coffee starts the new crop season with many concerns

VCN - Assessing the 2023/2024 crop season, Vicofa forecasts a potential decrease in production by 5-10%, corresponding to a production level of about 1.6 – 1.7 million tons, and the expected export volume is projected to reach only about 1.4 million tons.
Development of a strategy for Vietnamese coffee to reach the market of billions of people

Development of a strategy for Vietnamese coffee to reach the market of billions of people

VCN - China is a potential market for Vietnamese coffee because of high demand and stable growth with an average coffee import increase of more than 25%/year. However, this is no longer an easy-going market. Consumers in this country are quite demanding w
With the area narrowing, Vietnam

With the area narrowing, Vietnam's coffee output is expected to continue to decrease

VCN - Vietnam is in the harvest season of the new crop year and has harvested an estimated 50% or more of the country's coffee output.
Coffee export is forecast to continue to win big

Coffee export is forecast to continue to win big

VCN - After reaching a record in price and export turnover, the coffee industry continues to have high expectations for the coming crop year thanks to favourable factors from the market as well as the industry's efforts in promoting processing and meeting
To "get a good harvest and get a good price", coffee businesses need credit incentives

To "get a good harvest and get a good price", coffee businesses need credit incentives

VCN - According to the State Bank (SBV), in the Central Highlands region - the largest coffee basket in the country, outstanding coffee loans have increased by 7.06% compared to the end of 2022. This is a positive sign when coffee is one of our country's
Immediate actions required to prevent forest loss in coffee production: official

Immediate actions required to prevent forest loss in coffee production: official

The coffee industry must take action immediately to prevent forest loss and avoid another “yellow card” warning from the EU as with the fisheries sector over illegal, unreported and unregulated (IUU) fishing, said Director of the National Agricultural Extension Centre (NAEC) Le Quoc Thanh.
Coffee industry striving to adapt to EU’s anti-deforestation law

Coffee industry striving to adapt to EU’s anti-deforestation law

Vietnam’s coffee industry needs to take measures to adapt to a new European Union (EU) law that prevents the import of commodities linked to deforestation.
Businesses, farmers yet to benefit from recent coffee price hikes

Businesses, farmers yet to benefit from recent coffee price hikes

Over the past month, the price of coffee bean has continuously increased, reaching the mark of 60,000 VND (2.55 USD) a kilogramme, the highest in the past 15 years, in the Central Highlands provinces which are considered the country's "coffee capital".
Coffee export could reach 4 billion USD as global prices remain high

Coffee export could reach 4 billion USD as global prices remain high

Global and domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over 4 billion USD this year, a record set in 2022, while the global supply is narrowing down.
Coffee industry works to improve product value

Coffee industry works to improve product value

The coffee industry of Vietnam is working to increase the value of raw coffee exports as low added value still makes up the majority of the product that is shipped overseas.
From 2025, the wood and coffee industry will be affected by new EU regulations

From 2025, the wood and coffee industry will be affected by new EU regulations

VCN - Earlier, on April 19, the European Parliament (EP) approved a new law banning the import of goods related to deforestation to boost global efforts to combat climate change
Seminar seeks to improve value of Vietnamese coffee

Seminar seeks to improve value of Vietnamese coffee

The Buon Ma Thuot Coffee Association held a seminar on April 27 looking back on five editions of the annual Vietnam Amazing Cup which aims to discover and honour specialty coffee manufacturers, roasters and traders, contributing to improving the value of Vietnamese specialty coffee.
Exploiting potential markets to increase coffee export space

Exploiting potential markets to increase coffee export space

VCN - In February 2023, the average export price of Vietnam's coffee reached USD 2,174/ton, down 0.2% compared to January 2023 and down 5.7% compared to February 2022.
Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam was Spain's largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million EUR (287 million USD), up 21.6% in volume and 78.9% in value against 2021.
Vietnam needs to develop coffee branding to go global

Vietnam needs to develop coffee branding to go global

Vietnam has no coffee brand in the list of the 10 most expensive in the world, although it is the largest Robusta coffee producer and ranks second in export coffee volume.
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