Update news Vinacafe
Many financial analysts expect a recovery in the agro-market in 2021, including the coffee sector.
Coffee price slides, farmers and merchants incur losses
The downward trend in coffee prices are affecting farmers and traders. The price hovered around VND48 million per ton at the beginning of 2017 and dropped to VND38 million one year later.
Powerful newcomers stir up instant coffee market
With the stable growth rate of 8-10 percent per annum as reported by Vicofa, Vietnam’s instant coffee market is a lucrative market which deserves investments.
Instant-coffee makers experiencing tough days
VietNamNet Bridge - Trung Nguyen coffee giant and Vinacafe, a big instant-coffee maker, are facing business difficulties after reporting losses.
State to retain 51% stake after Vinacafe equitised
The Viet Nam National Coffee Corporation (Vinacafe) will be equitised in 2017, following a directive of the government on restructuring the HCM City-based company.
VN instant coffee market shifts focus to quality
Instant coffee producers operating in Vietnam are expected to produce roughly 675,000 metric tons of instant coffee in 2015, according to estimates provided by the Vietnam Coffee and Cocoa Association.
Who are Vietnamese coffee producers targeting?
VietNamNet Bridge - While Cau Dat’s coffee has a bright future as it can be sold through the Starbucks’ chain, other Vietnamese roasters can only dream of selling coffee on such a big scale.
Is Chinese coffee obstructing Vietnamese coffee exports?
VietNamNet Bridge - Vietnam saw a sharp decrease in coffee exports in the first four months of the year, which is attributed to lower demand from the world’s roasters and increased output from China.
BUSINESS IN BRIEF 30/4
Japanese firms invest in Vietnam’s industrial zones; SBV Governor: Monetary market to become stable by year-end; Jan-Apr inflation lowest in 13 years; BIDV raises chartered capital to VND33.5 trillion
BUSINESS IN BRIEF 31/12
Hong Kong investors buy Vinacafe shares; Security industrial zone launched; Fertiliser firm earns $26m in 2013 profits; PVN signs contract for new power station; 2013 rice exports earn US$2.95 billion
Coffee exporters follow each others’ steps falling into decay
VietNamNet Bridge – The last three years have witnessed the deaths of a series of companies and coffee material collection agents in the Central Highlands.
Only 10 percent of coffee products in VN made of real coffee?
Coffee drinkers would be exceedingly astonished if they know that what they drink is not real coffee, but of the mixture of maize and other burnt grain powder.
Who is the real owner of “Vinacafe”?
“Vinacafe” is the name the Vietnam National Coffee Corporation used in the transactions with the partners. Meanwhile, Vinacafé Bien Hoa Company affirms that Vinacafe is a brand of its products.
BUSINESS IN BRIEF 11/3
Vinacomin in the clear over duties; Kazakhstan carrier eyes Hanoi; Kien Giang plans Cambodia sea route; Banks optimistic about inflation; Vietnam, Germany hold seminar on energy policy