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Coffee exports and consumption in Vietnam in 2019 – 2020 saw a drop year-on-year due to COVID-19 hindering coffee sales activities. Photo thoibaonganhang.vn
Without tourism, coffee consumption craters, exports slide in Vietnam
Mon, 18 January 2021
Vietnam s coffee exports and consumption in the 2019-2020 period have taken a hit compared to the same period last year due to the impact of Covid-19, according to the Vietnam Coffee – Cocoa Association.
Nguyen Viet Hai, deputy standing chairman of the association, said during a recent conference reviewing last year’s industry’s activities that during the 2019-2020 coffee year (which started October, 2019) coffee exports reached 1.61 million tonnes and turnover of US$2.8 billion.
Difficulties still ahead for coffee sector: insiders Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
17/01/2021 20:59 GMT+7
The export of coffee declined in both volume and value last year due to certain difficulties that are forecast to linger on for the time to come, insiders have said.
Nguyen Viet Hai, Vice Chairman of the Vietnam Coffee - Cocoa Association (Vicofa), told a meeting in Ho Chi Minh City on January 15 that in the 2019 - 2020 crop, 1.61 million tonnes of the bean was shipped abroad at the average price of 1,740 USD per tonne, bringing home 2.8 billion USD.
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Delegates at the conference to discuss trade promotion and international investment in the coffee sector last week. VIET NAM NEWS
‘VN needs to improve coffee value, brand’
Mon, 14 December 2020
Global demand for coffee will continue to increase for the next 30 years, but Vietnam should focus on improving the value of its coffee to raise its profile in the international market and become the number one power in coffee, according to industry experts.
Vietnam Coffee and Cocoa Association (VICOFA) chairman Luong Van Tu told the trade promotion and international investment conference held by his association last week: “Besides coffee beans, Vietnam’s coffee exporters have also promoted the export of roasted and instant coffee in recent years.
Conference discusses opportunity for Vietnam to become leading coffee market
Monday, 2020-12-14 16:31:09
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NDO – Many opinions suggest that enterprises in the coffee industry should promote the export of coffee with high added value and increase domestic consumption to make breakthroughs and become the number one coffee supplier in the world.
The opinions were shared at a recent conference on boosting trade promotion and international investmentheld by the Vietnam Coffee - Cocoa Association(VICOFA).
According to VICOFA Chairman Luong Van Tu, Vietnam’s coffee industry has seen changes in recent years. Besides the export of coffee beans, Vietnam has promoted the processing of coffee and the export of roasted and instant coffee (accounting for about 12%).