Robusta

Dak Lak (VNA) – The national project on developing high-quality coffee has helped businesses and farmers apply technologies in farming, cope with climate change, reduce production costs and improve economic efficiency in coffee production, heard a conference held in Buon Ma Thuot city, the Central Highlands province of Dak Lak, on December 29. The project has also strengthened connectivity between businesses, cooperatives and farmers, while building brand names. According to the Ministry of Agriculture and Rural Development, Vietnam is one of the biggest coffee producers in general, and the biggest producer of robusta in particular in the world.   Vietnamese coffee has been shipped to 80 countries and territories, with revenue amounting to 2.85 billion USD in 2019, making up 7.8 percent of the world’s coffee export value. The domestic coffee sector has generated jobs for more than 600,000 households, contributing to socio-economic development and poverty … [Read more...] about Vietnam develops high-quality coffee

The novel coronavirus (COVID-19) pandemic has been a major factor in negatively affecting the export market, with social distancing measures forcing many agencies and units to have their staff work from home, thereby causing a sharp increase in demand for computers and electrical equipment. As a result, there was an increase in export orders, especially from the United States, Europe, and some other markets. … [Read more...] about VIETNAM BUSINESS NEWS DECEMBER 31

Hanoi (VNA) – Vietnam gained 2.7 billion USD from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10 percent of the world’s coffee value and 18 percent of the market share, according to the Ministry of Agriculture and Rural Development (MARD). Coffee is among ten key products of Vietnam, and is in top six products with export value topping 3 billion USD each year. The country has 664,000 hectares of coffee plantations with a yield of 1.5 million tonnes per year, 93 percent of which are grown with coffee robusta while the remainder being Arabica. Vietnamese coffee has been present in 80 countries and territories worldwide. However, experts at the conference held on December 29 to review the national high-quality coffee development product said although Vietnam has been renowned for its coffee volume, the country has not gained reputation for its coffee quality due to impacts of the world’s coffee value, and low proportion of … [Read more...] about Vietnam exports over 1.7 million tonnes of coffee in 2020

The country has 664,000 hectares of coffee plantations with a yield of 1.5 million tons per year, 93 percent of which are grown with coffee robusta while the remainder being Arabica. Vietnamese coffee has been present in 80 countries and territories worldwide. … [Read more...] about Vietnam exports over 1.7 million tons of coffee in 2020

“A shortage of containers has made it difficult for traders to ship beans to their customers. Freight (rates) have skyrocketed at least five times higher,” said a trader, who is based in the coffee belt. … [Read more...] about Asia Coffee-Vietnam market lacklustre as container crunch weighs