Việt Nam’s coffee export volume in the 2023-24 season is likely to be lower than a year ealier due to a in output, no carry-over stock and growing local demand, and export prices will remain high, according to the Việt...
Domestic and international demand for Vietnamese coffee continues to grow, thanks in no small part to the Viet Nam Coffee and Cocoa Association (Vifoca), who are determined to ensure that this trend continues.
Though Viet Nam is the worlds largest producer of robusta coffee, the industry faces several challenges in the country which threaten its long-term development, according to the Ministry of Agriculture and Rural Development.
Trading through commodity exchanges will be more convenient in Viet Nam with the Government’s new regulations on the establishment and trading on the commodity exchange.
The first Viet Nam Coffee Day will take place in the Central Highlands province of Lam Dong’s Da Lat City on December 9-11, local authorities and the Viet Nam Coffee and Cocoa Association (VICOFA) announced.
The 2017-18 coffee crop is expected to be around 1.4 million, which is equal to or slightly lower than last year’s crop, according to the Viet Nam Coffee and Cocoa Association.
Ensuring food safety and security as well as higher-quality products
would enhance the sustainable development of Viet Nam''s agricultural
sector, attendees said yesterday at a EuroCham seminar that discussed
the status of the industry.
Coffee output from the 2013-14 crop will fall by 15 per cent over the
previous one due to unfavourable weather conditions and a high
proportion of old trees with low yields, according to the Viet Nam
Coffee and Cocoa Association.
Members of the Viet Nam Coffee and Cocoa Association (Vicofa) have
agreed to petition the Government to scrap the 5 per cent value-added
tax imposed on coffee exporters for a year starting in November.
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).