Coffee

Coffee brings in highest export earnings on record

Vietnam exported 1.15 million tonnes of coffee worth US$4.57 billion during the past 10 months of the year, a drop of 11.1% in volume but up 39.2% in value compared to the same period last year, according to the General Department of Vietnam Customs.

Society – Economy

Coffee price hikes push export revenue up
A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Vietnam Coffee-Cocoa Association (Vicofa).
Vietnam’s coffee exports exceed US$5 billion in 2023-2024 crop year
Vietnam’s coffee exports exceeded the US$5 billion mark for the first time in the 2023-2024 crop year that lasted from October 1, 2023 to September 30, 2024.

Better Life Farming Alliance launched to accompany coffee, durian farmers
Hundreds of local smallholder coffee and durian farmers in the Central Highlands province of Đắk Lắk will benefit from Bayer Vietnam’s Better Life Farming Alliance meant to provide them with access to innovative solutions and expert consultancy to enhance farming efficiency and harvest quality and empower them.
Forum helps connect Vietnamese, Italian coffee industries
The Vietnamese Embassy in Italy, in collaboration with Italian and Vietnamese partners, organised a forum on connecting the coffee industries of the two countries on October 9 as a key event during the ongoing Vietnam-Italy Coffee Day in Turin city.
Dutch fund awards major grant to Vietnamese coffee producer
In a significant boost to Vietnam's sustainable coffee industry, the Dutch Fund for Climate and Development (DFCD) has awarded a non-refundable aid package of EUR575,000 (US$630,786) to Phuc Sinh Corp to support its Environmental, Social, and Governance (ESG) initiatives in the coffee production, processing and export chain.
Nữ bác sĩ gặp nạn tại quán The Coffee House tươi tắn ngày đi làm trở lại
Bị tai nạn tại quán The Coffee House (Hà Nội), trải qua thời gian dài điều trị và phục hồi chức năng, bác sĩ Hoàng Minh Lý đã đi làm trở lại tại Bệnh viện K. Cô trực tiếp thăm khám cho người bệnh ung thư.

Export price of Vietnamese Robusta coffee beans shoots up globally
The export price of Vietnam’s Robusta coffee beans in the first half of September increased sharply and far exceeded the export price of Arabica coffee beans by nearly US$1,000 per tonne, according to the Vietnam Coffee and Cocoa Association (VICOFA).
Singapore invests over US$80 million in coffee factory in Binh Dinh
The Binh Dinh Economic Zone Management Board on September 17 decided to grant an investment registration certificate to Food Empire Group of Singapore to construct a US$80.74 million freeze-dried instant coffee factory in Binh Dinh province.
Singaporean US$80-mil freeze-dried coffee facility to be built in Binh Dinh
The central coastal province of Binh Dinh on September 17 granted the Investment Registration Certificate to Future Enterprises Pte. Ltd to build a freeze-dried instant coffee plant with an investment of US$80 million.
New freeze-dried instant coffee factory to be built in Binh Dinh province
A freeze-dried instant coffee factory will be built in the central province of Binh Dinh with an investment of over VND2 trillion (US$80.74 million), the provincial Investment Promotion Centre has announced.
Second durian festival to honour growers, promote sustainable development
The second Krông Pắk durian festival will be held from August 31 to September 2 in the Central Highlands province of Đắk Lắk, aiming to honour durian growers, attract investment and promote the development of a sustainable durian ecosystem.
Local firm receives Dutch funding to develop sustainable coffee value chain
The Netherlands’ The & GREEN Fund unveiled plans on August 15 that it will provide up to US$25 million in funding to Phuc Sinh Corporation, one of the key Vietnamese coffee and pepper exporters, to develop a deforestation-free coffee value chain in a sustainable manner.
Vietnam coffee prices decline amid market fluctuations
At the beginning of the week, coffee prices continued their downward trend, averaging at VND118,400 (US$4.75) per kilo in the Central Highlands - the largest coffee growing area in the country, according to giacaphe.com.
Vietnam’s coffee market share in traditional markets increases
Coffee export turnover to most traditional markets has increased sharply since the beginning of the year.
Điểm tin Kinh doanh 9/8: Giá vàng: Giảm mạnh
Sự kiện chứng khoán đáng chú ý ngày 9/8; Thông báo mới về mua bán vàng ở ngân hàng
Chuyện gì đang xảy ra với chuỗi The Coffee House?
Tính đến 31-7, The Coffee House có 117 cửa hàng trên toàn quốc, ứng dụng đặt hàng có gần 1,8 triệu người dùng thường xuyên.
Three largest coffee import markets of Vietnam
The EU, the United States, and China are the three largest coffee import markets from Vietnam since the beginning of the year.
Unique coffee shop in Danang
Vietnamese coffee export prices to the United Kingdom surge
The average export price of Vietnamese coffee to the UK in the first half of 2024 reached US$3,941 per tonne, marking an increase of 68.4% year-on-year.
Vietnam’s The Tao of Coffee promoted by CNN
Prestigious news channel CNN of the United States recently published an article hailing Dang Le Nguyen Vu, founder and chairman of Trung Nguyen Legend Group, for his coffee philosophy, aspirations, and efforts in introducing Vietnamese coffee culture to the world.
Các làng SOS tổ chức kỷ niệm 105 năm ngày sinh nhà sáng lập Hermann Gmeiner và ngày SOS quốc tế
Ngày 23/6, kỷ niệm ngày SOS Quốc tế và sinh nhật lần thứ 105 của Tiến sĩ Hermann Gmeiner, người sáng lập các Làng trẻ em SOS, trẻ em tại các Làng cũng được tham gia nhiều chương trình, hoạt động vui tươi và ý nghĩa nhằm tôn vinh những đóng góp phi thường, tình yêu thương và sự cống hiến vĩ đại của ông cho cuộc sống của trẻ em khó khăn.

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