Numerous challenges are facing the export of Vietnamese coffee, which has continually declined in both volume and value since the beginning of this year. (Photo: hanoimoi.com.vn) Hanoi (VNA) – Numerous challenges are facing the export of Vietnamese coffee, which has continually declined in both volume and value since the beginning of this year. In the first four months of 2019, 629,000 tonnes of coffee worth 1.1 billion USD was shipped abroad, down 13.4 percent in volume and 22.5 percent in value year-on-year. The export is forecast to continue the downtrend in May as domestic and global coffee prices are still falling, according to the Agro Processing and Market Development Department under the Ministry of Agriculture and Rural Development. The department’s Acting Director Nguyen Quoc Toan said domestic coffee prices are currently below 30,000 VND (1.28 USD) per kg – the lowest in a decade. Prices in international markets have also dropped by 500 USD per … [Read more...] about Internal, external factors challenge Vietnam’s coffee exports
Vietnams processed coffee
Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam shipped 74,120 tonnes of coffee beans to Algeria in 2018, earning 132.48 million USD, up 56 percent in volume and 28 percent in value from 2017, the General Department of Vietnam Customs reported. Coffee is the most favourite drink of Algerians, with each consuming more than 3kg of coffee annually. The North African country imports about 130,000 tonnes of coffee beans worth around 300 million USD each year. Robusta coffee makes up more than 85 percent of the total import value. Apart from Vietnam, Ivory Coast, Indonesia, Brazil and Italy are also Algeria’s major coffee suppliers. Vietnamese Commercial Counselor to Algeria Hoang Duc Nhuan said Algeria still has room for Vietnamese coffee, which is expected to become the country’s top export item to Algeria. In 2018, Vietnam’s coffee export turnover to Algeria accounted for 68 percent of its accumulated export value. Vietnam is now the … [Read more...] about Vietnam’s coffee exports to Algeria rise sharply
VietNamNet Bridge - Experts have warned that the number of old and stunted coffee trees is increasing, affecting yield and quality. Vietnam expects to export 1.7 million tons of coffee this year Less than 10 percent of coffee growing areas in Vietnam process products with added value. Coffee trees that are 20 or more years old account for up to 30 percent of the total cultivated area. Of this, some areas have low yields of less than 1.5 tons per hectare. The coffee industry also has to compete with other crops which can bring higher economic value. Farmers are now growing more pepper, durian and avocado, especially after the government ordered the forest closure. According to the Ministry of Agriculture and Rural Development (MARD), Vietnam will need to recultivate 120,000 hectares of coffee in the following years. One hectare of coffee can bring 2.5 tons of coffee beans. RELATED NEWS Vietnam’s premium beans exported abroad, while local coffee quality remains poor "Pure … [Read more...] about Vietnam’s coffee industry at risk as trees age
Nestlé has showcased its commitment to Vietnam’s coffee industry through a wide range of collaborations and initiatives. William Mackereth, supply chain director of Nestlé Vietnam, shared the company’s successes and future plans. William Mackereth, supply chain director of Nestlé Vietnam HOW CAN NESCAFÉ PLAN IMPROVE THE QUALITY OF COFFEE PRODUCTION IN VIETNAM, WHILE AT THE SAME TIME HELPING FARMERS GET A BETTER LIFE? In late 2011, Nestlé announced the implementation of the Nescafé Plan in Vietnam. Helping Vietnamese farmers with their crops is among the most important aspect of our Nescafé Plan. Our Nescafé agronomists provide training and technical assistance on good agriculture practices to farmers. We have invested in technology that helps farmers track and record their entire farming process, which includes managing pests and diseases, concentrating on post-harvest quality, and ensuring the clean storage of the beans. We … [Read more...] about Nestlé brings out highest quality of Vietnam’s coffee
Facing consumers’ fear of unsafe food, the Vinamit JSC has developed clean farming methods and applied high technologies in food processing and preservation. Aside from other dried agricultural produce, freeze-dried coffee products are one of the firm’s latest ideas. Vinamit General Director Nguyen Lam Vien said that freeze-dried products are the outcome of his company’s devotion to producing convenient and healthy organic products. Photo for illustration Many surveys show that today’s consumers have high demands for clean coffee. Notably, almost all export markets request that product origins be traceable. Businesses need to not only actively build brands but also satisfy the demands of modern consumerism. Tran Thanh Hai, Chairman of the Board of Directors of the NutiFood Nutrition Food JSC, said the domestic instant coffee market currently faces fierce competition from large, long-standing coffee brands from both Vietnam and other countries. … [Read more...] about Vietnam’s processed coffee looks to create a buzz in global markets
General Director of Nestlé Vietnam Ganesan Ampalavanar speaks at the forum (Source: VNA) Hanoi (VNA) - Nestlé Vietnam has helped over 20,000 households of coffee growers improve productivity and income through applying new technology from the NESCAFÉ Plan project, said the firm’s General Director Ganesan Ampalavanar. Ganesan Ampalavanar revealed this information at the World Economic Forum on ASEAN 2018 (WEF ASEAN 2018) from September 11 - 13 in Hanoi. Ganesan Ampalavanar delivered a presentation at the panel session “Food Systems: Innovative ASEAN” and opened the session “Accelerating Trade and Investment in Asia Pacific”. At the session on Food Systems - ASEAN Reform, Ganesan Ampalavanar emphasised the need to shift the food system on the threat of supply shortage, saying that the application of technologies in agricultural production as well as change of business models are innovative ways to overcome the situation. He … [Read more...] about Nestlé Vietnam helps coffee farmers improve productivity, income
VietNamNet Bridge - As experts affirm that single-serve will be the new trend, Vietnamese producers are gearing up to jump into the capsule coffee market segment. Nestle inaugurated a new capsule coffee production line in Dong Nai Nestlé inaugurated a new Nescafe Dolce Gusto capsule production line in Dong Nai province in July. For many years, Vietnam has been exporting coffee beans, but only one-third of exporters have processing mills. Though one of the biggest coffee exporters in the world, Vietnam earns $3.24 billion in revenue. The figure is modest if noting that the global coffee market is valued at $500 billion, according to the Ministry of Agriculture and Rural Development (MARD). RELATED NEWS Vietnam’s coffee industry relies on merchants What is the standard for ‘safe roasted coffee’? Mai Chi … [Read more...] about Nestle’s capsule coffee production gives push to Vietnam’s coffee industry
VietNamNet Bridge - Both Vietnamese and foreign investors are rushing to pour money into coffee farms and coffee house chains as the market is very promising. But not all of them will succeed. More new coffee brands have turned up More new coffee brands have turned up in the Vietnamese coffee market, where ‘veterans’ like Trung Nguyen, Vinacafe Bien Hoa and Nestle are holding their firm positions. Three ‘big guys’ Though the trio has similar products, each has special characteristics which make them original. Trung Nguyen ranks Number 1 in terms of diversity with many coffee products, from instant to roasted coffee to civet coffee. Nescafe provides a wide range of mineral water products, food for children, and coffee and dairy products. Meanwhile, Vinacafe only focuses on products made of coffee, offering diverse coffee flavors for choice. More new coffee brands have turned up in the Vietnamese coffee market, where ‘veterans’ … [Read more...] about Is it easy to make money from Vietnam’s coffee market?
VietNamNet Bridge - The domestic coffee market in the past was controlled by big players Trung Nguyen, Nestcafe and Vinacafe. But now the competition is stiff, with the presence of many strong brands. Vietnam is a big coffee exporter In 2013, the market began heating up with the arrival of Starbucks and other coffee chains, including South Korea’s Coffee Bene, the US’s PJ’s Coffee and Vietnam’s The Coffee House, Trung Nguyen, Highlands, Phuc Long and Passio.‘Laymen’ also grow coffee Vietnam has over 150 coffee export companies and 3,000 coffee collectors, but only one-third of enterprises have coffee bean processing factories that make products for export. This is the first state-owned enterprise in Dak Lak to be equitized.The battle of the coffee chains RELATED NEWS Vietnam’s coffee industry relies on merchants Firms aim for higher profits by selling processed coffee Chi Mai … [Read more...] about Who rules Vietnam’s coffee market?
Vietnam is the world’s second largest coffee exporter, behind only Brazil. However its coffee export value is much lower than other nations’ as the country only exports raw coffee. Besides, shortcomings in preservation and the lack of specified processed products have hindered the sector’s growth. This year, Lam Ha key coffee area in the Central Highlands province of Lam Dong enjoyed a bumper crop after lean years due to unfavorable weather condition and lack of drying machines. Do Thi Hien, a coffee grower from Nam Ban town, Lam Ha district, Lam Dong province said that previously, they did not know how to dry the coffee bean and if it rained, all the beans would get mouldy. Now they dry the whole coffee bean because the beans have two peel layers, they will no longer go mouldy. Local authorities have acknowledged that with an output of more than 450 tonnes of raw coffee, which is equivalent to more than 1.5 million tones of fresh coffee, the current number of … [Read more...] about Urgent solutions needed to boost coffee’s sector