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Update news coffee

Daklak to hold tours of coffee processing facilities

The Central Highlands province of Daklak, the nation’s biggest coffee growing area, will launch a tour program in which guests can visit coffee processing facilities and gain hands-on knowledge of the cultural space of Gong

Farmers, exporters of coffee hit by drought

VietNamNet Bridge - Drought and natural disasters have caused severe damages to the 2015-2016 coffee crop and left after effects for the next group.

Vietnam’s coffee suffers from crop failure, prices fall

VietNamNet Bridge - Vietnam’s coffee exports may fall by 25 percent this year to 1 million tons, a 20-year low.

A sad year for Vietnam’s coffee industry

The Robusta price in the past had climbed to as much as VND50 million per ton, which helped many farmers get rich. However, it has tumbled dramatically to below production cost.

DakLak to replace fields of aging coffee trees

DakLak Province, the country's largest coffee producer, will replace more than 16,475ha of old coffee trees which have had a low yield from now to 2020.

Major players in coffee market launch media war

VietNamNet Bridge - The battle for the Number 1 position in the coffee market has never cooled down.

What’s behind the high export figures?

VietNamNet Bridge - High export turnover and export growth rate are usually cited in government agencies’ reports as proof of economic development. However, there are many problems behind the figures.

Harvest coffee beans with farmers in Central Highlands

 VietNamNet Bridge – Beginning in November and December, visitors to the Central Highlands will have a chance to join local farmers to harvest coffee beans.

Vietnamese queue up for cups of coffee at foreign, local chains

 VietNamNet Bridge – The Vietnamese beverage market, including tea and coffee, according to market survey firm Euromonitor, is making lots of money and attracting droves of customers to foreign and local cafes.

Vietnam: a café market with many faces

 VietNamNet Bridge – The café market has witnessed many changes over the last few years with the appearance of foreign brands, many new street cafes, an increased presence of locally owned chains and cafes that do not sell coffee.

Vietnamese coffee drinkers prick Starbucks’ bubble

 VietNamNet Bridge – The US café giant Starbucks was thought by many to be poised to knock out Vietnamese rivals after just a short period of doing business in Vietnam. But this has not come to pass.

Do coffee and tea really dehydrate us?

 We’re told that tea and coffee dehydrates us, says Claudia Hammond, but what’s the evidence say?

If you like coffee, let’s go to Buon Ma Thuot

 VietNamNet Bridge - Not only Buon Ma Thuot city, Dak Lak province has coffee, but enjoying coffee here, you will feel the characteristic taste of the majestic Central Highlands.

Another American coffee brand enters Vietnam after Starbucks

VietNamNet Bridge - After Starbucks, another famous American brand of coffee has begun to enter the Vietnam market. It is Dunkin’ Donuts.

Hanoi cafes in the autumn

 VietNamNet Bridge - Hanoi seems to be gentler in the afternoon breezes, besides a hot cup of coffee. Thus, only the words coffee - Hanoi – autumn make many people flutter.

BUSINESS IN BRIEF 29/8

Competition on local coffee market heats up; Vietnam needs to win over European businesses; Returned scepticism of overall economic outlook; Vietnam – a new King of Coffee

Coffee businesses reveal debt woes

 Domestic coffee businesses were preparing to report their bad debts to the State Bank and related ministries by August 15, according to Nguyen Viet Vinh, general secretary of the Viet Nam Coffee and Cocoa Association (VICOFA).

Vietnam vows to stop coffee tax frauds

The Ministry of Finance has requested taxation bodies to strengthen the verification over tax declaration. The move aims to stop the tax frauds committed by a lot of coffee companies recently as warned by international and domestic organizations.

“Vietnamese taste” will differentiate Vietnamese and foreign café chains

 VietNamNet Bridge – The Vietnamese coffee market is believed to nearly get saturated. The changes in the brand positioning are believed to lead to the biggest changes in the brands’ fames.

Vietnamese coffee brand becomes the name of US town

 VietNamNet Bridge – PhinDeli, a Vietnamese coffee brand, has made debut in Vietnam, and it would be the new name of Buford town which has 147 year history in the US.