900,000 tonnes of coffee already exported

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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

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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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