Viet Nam was expected to ship around 15 million tons of coffee abroad and earn US$ 3 billion in export revenue this year, according to the Viet Nam Coffee And Cocoa Association (Vicofa).
In Q1, nearly 550,000 tons of coffee was exported.
So far, Vietnamese coffee was available in over 80 countries and territories of which Germany held the largest market share with around 14%; followed by the US with 11%.
According to Vicofa, coffee output was forecast to be reduced this year due to severe droughts while coffee demand was projected to surge and coffee prices are rising.
Viet Nam is the world's largest producer of robusta coffee beans.
Other News
- Bat Trang artisans innovate to meet global market demands
- Vietnam youth gears up for a greener future
- Hanoi to create over 213,000 jobs in Jan-Nov
- Vietnam partners with NVIDIA to establish AI research center
- Hanoi grasps opportunities to drive semiconductor industry growth
- Internet users in Vietnam to hit 100 million by 2029
- Prime Minister calls for active participation in innovative start-ups
- Hanoi advocates traceability for safe food
- Hanoi gears up for Tet: ensuring a steady supply of safe food
- Unlocking the tourism potential of Hanoi's suburbs
Trending
-
Hanoi’s keys to remaining a City for Peace
-
Vietnam news in brief - December 11
-
Are Hanoian people living healthier lives?
-
Hanoi's pho declared national intangible heritage
-
Christmas in Vietnam: A blend of Western cheer and local charm
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hanoi economy sustains higher growth in 2024
-
Hanoi to lead national efforts to streamline political system
-
"Vietnamese Specialties for Vietnamese Tet" festival underway in Hanoi