Vietnam put out 1 million tons of coffee in the 2010-2011 crop. However, more than 50 percent of the output was purchased by foreigners. The foreign businessmen have nearly controlled the domestic coffee price. Especially, they took the actions to tarnish the good repute of Vietnamese enterprises, thus persuading international importers to shift to do [...]
Coffee exports from Vietnam, the world’s largest producer of the robusta variety used in instant coffee, may have fallen 23 percent last month from the year earlier period, according to Marex Spectron Group. Bean shipments were estimated at 65,000 metric tons in August, down from 84,000 tons in the same period last year, the London-based [...]
Vietnam is expected to export 40,000 tonnes of coffee worth US$86 million in August, according to the Ministry of Agriculture and Rural Development (MARD). The figure will raise the total value of coffee exports in eight months to US$2.1 billion, up 72.2 percent compared to the same period last year. Currently, the domestic price of [...]
Coffee shipments from Vietnam, the world’s second-largest exporter after Brazil, may have fallen 49 percent to 40,000 metric tons in August from the year before after accelerating sales earlier in the year thinned stocks. The preliminary figures, which may be revised, compare with exports of 78,000 tons in August 2010 and 53,000 tons last month, [...]
By early August, Vietnam has exported 900,000 tonnes of coffee, earning around US$2 billion. According to the Vietnam Coffee and Cocoa Association, total coffee export volume is estimated to reach 1.3 million tonnes this year, representing a value of nearly US$3 billion. The coffee supply on the global market is currently limited, causing the price [...]
Interest in Vietnam’s lucrative coffee industry is brewing among foreign firms. Thai Hoa Vietnam Group chairman and general director Nguyen Van An said a number of South Korean and Japan investors were eying up investment opportunities at the company’s $32.5 million coffee processing complex in the Central Highlands province of Lam Dong. Thai Hoa, known [...]
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