coffee export

Update news coffee export

The market share of Vietnamese coffee as part of the United States’ total imports increased from 8.95% to 9.6% during the opening four months of the year, according to statistics compiled by the General Department of Vietnam Customs.

Some scenarios for coffee prices in 2022

Over the past two years, whilst the Covid-19 pandemic was raging over economies, coffee prices on both the derivatives market and domestic market have taken great strides.

Vietnam coffee industry targets US$6 billion export value in 2030

The Viet Nam Coffee and Cocoa Association has targeted a coffee export turnover of US$5-6 billion in 2030, doubling the export value at present.

Germany becomes biggest market for Vietnamese coffee

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.

 

Local coffee brands diversify operations to boost exports

Vietnamese producers continue to have a faint imprint on the world’s deep-processed coffee market, and many small businesses are now beginning to pay more attention to branding, while larger ones seek new ways to increase export output.

Vietnam becomes Japan’s biggest coffee supplier

Vietnam, the world's biggest producer of robusta, has become the top supplier of coffee beans for Japan as the consumption of instant coffee, which uses robusta, is soaring there amid the COVID-19 pandemic, according to the Nikkei Asia Review.

EVFTA obligations can brew up coffee success

Bolstered by the growing demand in the EU, Vietnam’s coffee industry has a major opportunity to capture a bigger market share on the European continent.

VN coffee growers warned of gloomy future

Coffee prices have fallen dramatically, and some farmers are giving up because of problems because of price fluctuations and supply-demand imbalances.

VN coffee sector to expand intensive processing to add value

Vietnam has set itself a target of increasing the ratio of processed coffee from the current 10 per cent to 30-40 per cent by 2030 to add value, the Viet Nam Coffee Week heard in HCM City on Wednesday.

 

Vietnam cannot earn big money from its coffee exports

Vietnam, the second biggest coffee exporter in the world, is experiencing tough days as the export volume has fallen and export prices are among the lowest in the world.

Vietnam’s premium beans exported abroad, while local coffee quality remains poor

VietNamNet Bridge - Vietnam exports nearly 2 million tons of high-quality coffee beans each year and imports 60,000 tons of processed coffee from Brazil, the US and China.

Vietnamese coffee sold at Starbucks shops & what’s next?

 VietNamNet Bridge - Starbucks’ announcement to sell Vietnamese coffee at more than 21,500 shops in 56 countries is good news, but it also reveals weaknesses of the Vietnamese coffee industry.

BUSINESS IN BRIEF 22/12

 SSC advises against making hasty invesments amidst market turmoil; Japan jumping into Hanoi real estate market; Mekong Delta rice output to reach 25.2 million tonnes; Vietnam business should be careful in Russia trade amid rouble crisis - economist

Vietnam’s coffee output forecast to drop 20 percent next year

 The 2014-15 coffee crop will see output fall by 20 percent due to drought and a large proportion of old trees with low yields, according to Chairman of the Vietnam Coffee and Cocoa Association (Vicofa) Luong Van Tu.

BUSINESS IN BRIEF 5/8

 Vietnam steps up Aussie beef imports; Online bill payment garners popularity; PM proposes reviewing Vinalines’ case;

BUSINESS IN BRIEF 12/4

 Coffee export earnings to hit US$3 billion; Vietnam considers joining UN e-commerce convention; UK Bank supports Vietnamese coffee producer; Vietnam dressing up; HCM City’s EPZs, IPs fall short of workers  

MARD’s coffee coordination committee make firms tremble with fear

 VietNamNet Bridge – The presence of foreigners in the coffee coordination committee, who now work for international coffee groups, has raised the worry that the Vietnamese coffee industry would be swayed by foreigners.

BUSINESS IN BRIEF 3/12

 Banking sector tops list of 1000 biggest tax payers; US$400 mil tyre factory inaugurated in Tay Ninh; Vietnam’s exports up 13 notches in WTO ranking; November’s industrial production up 5.7%

BUSINESS IN BRIEF 13/11

 Russia affirms its nuclear status in Vietnam; Coffee exports to Mexico fall 19%; Ad firms confront challenges; Phone handset exports up 76%; Central bank backs down on currency

Coffee prices soar all of a sudden, Vietnamese stay immovable

VietNamNet Bridge – The robusta price has increased so sharply since the new 2013-2014 crop began. However, Vietnamese exporters cannot take full advantage of the opportunity to boost exports and make money.