Nestlé ranks first in sustainable development in the field of coffee production, according to the recently published Coffee Barometer coffee industry report.
As a major coffee exporter to the EU, Việt Nam should get prepared for the deforestation law to maintain and expand coffee export to the block, raising the pressing need for digitalization of the value chain.
Viet Nam will step up its processed coffee industry to take full advantage of the benefits from free trade agreements, towards the goal ofaiming for an export target of US$6 billion by 2030.
Public-private partnerships, better use of technology, and improved value-chain linkages are needed to ensure the sustainable development of the coffee industry, experts said at a meeting yesterday in HCM City.
The Vietnamese coffee industry has great potential to develop considering the size of the global market and the country’s small share in it, according to the Ministry of Agricultural and Rural Development.
The coffee industry should improve output, quality and added value for an export turnover target of US$6 billion by 2030, said Luong Van Tu, chairman of Viet Nam Coffee and Cocoa Association.