900,000 tonnes of coffee already exported


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…

Foreign players brew up coffee market dominance


Capital shortages are behind local coffee exporters’ less competitiveness to foreign rivals. Nguyen Minh Duong, vice director of Central Highlands’ Dak Lak province-based, leading coffee exporter Tay Nguyen Coffee Investment Export-Import Company, said Vietnam-based foreign coffee processors had used their big pockets to buy up a large volume of coffee beans from farmers. “Shortages of…

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