December 3, 2024 | 08:37 GMT +7

  • Click to copy
Wednesday- 14:02, 29/12/2021

Coffee industry and the goal of USD 6 billion in export turnover by 2030

(VAN) Throughout the new term of 2021-2024, the Vietnam Coffee - Cocoa Association (VICOFA) will prioritize critical tasks related to the strategy of changing the coffee industry into a new era.

The Vietnam Coffee - Cocoa Association (VICOFA) conducted a Congress on December 28 to assess the activities of term IX (2017-2020) and to consider the direction of term X (2021-2024).

Over the last three decades since its formation, VICOFA has made significant contributions to increasing Vietnamese coffee's global export share to 18%. Faced with a number of obstacles, the organization continues to monitor worldwide movements as well as socio-economic issues affecting the coffee industry in order to provide timely policy recommendations to higher levels.

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh presents the award from the Ministry of Agriculture and Rural Development to the Vietnam Coffee and Cocoa Association. Photo: Linh Linh.

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh presents the award from the Ministry of Agriculture and Rural Development to the Vietnam Coffee and Cocoa Association. Photo: Linh Linh.

The association urged the government and relevant ministries, departments, and units to create favorable conditions for farmers and businesses to obtain loans at preferential interest rates for post-harvest investment, to adopt a more supportive policy approach, and to strengthen their connections to export markets. Additionally, it collaborated with the International Cooperation Department (MARD) on joint initiatives to negotiate amendments and supplements to the International Coffee Agreement (ICA) 2007, concentrating on problems pertaining to Vietnam's position and interests at the ICO.

In terms of production, VICOFA collaborated with MARD, the Vietnamese Ministry of Science and Technology, and the WASI Institute to establish instruction processes, standards, and documentation aimed at increasing the added value and ensuring the long-term development of coffee. It collaborated with the Plant Protection Department in forming a team to monitor pesticide usage on coffee in the High Central provinces in order to eliminate the active component glyphosate on coffee and comply with EU safety regulations.

Throughout the association's IX term, it also aggressively organized domestic and international firms to invest in deep processing, grow roasted and instant coffee exports, and mobilize private enterprises and members to build the domestic coffee consumption network.

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh delivered a speech to Congress to review the work of term IX (2017-2020) and discuss the direction of term X (2021-2024). Photo: Linh Linh.

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh delivered a speech to Congress to review the work of term IX (2017-2020) and discuss the direction of term X (2021-2024). Photo: Linh Linh.

Deputy Minister of MARD Le Quoc Doanh praised VICOFA's collaboration with the ministry in undertaking several programs to promote sustainable coffee development during the congress. "Today's accomplishments in the Vietnamese coffee industry must be credited to the collaborative efforts of coffee producers, entrepreneurs, coffee production and processing firms, and the Association's leaders," Deputy Minister Le Quoc Doanh said.

To ensure the future sustainability of the coffee industry, Deputy Minister Le Quoc Doanh advised that the Association collaborate closely with MARD's key departments and municipalities to efficiently accomplish tasks centered on solutions:

Review and stabilize the scale of effective and sustainable coffee production in line with market demand, developing in a number of specialty coffee regions such as the Central Highlands and the Northwest; continue to invest in research on high yielding, high-quality, pest- and disease-resistant coffee varieties, serving coffee re-cultivation; implementation of a technical package for safe production development; encouraging businesses to invest in coffee production;

The Congress chose a 21-member Executive Board for the X term. Mr. Nguyen Nam Hai, General Director of the Joint Stock Company for Coffee and Import-Export Inspection, was elected President of VICOFA for the X term (2021-2024).

Entering its tenth term, VICOFA is implementing a new era of coffee development with two primary objectives: To begin, Vietnam's position as the second biggest producer and exporter of green coffee must be maintained. gender. Second, expand instant roasted coffee exports and boost export revenue to USD 5-6 billion by 2030 under the slogan "productivity, quality, added value."

To accomplish the objectives, VICOFA will work in collaboration with MARD, the Institute of Policy and Strategy for Agriculture and Rural Development, to implement the Scheme for Certification of High-Quality Vietnamese Coffee Brands; continue to re-cultivate and test new varieties of coffee, tea, and cassava that are high yielding and drought-tolerant; and promote trade promotion in the field of processed coffee exports into the EVFTA, EUKFTA, and other countries with FTA. 

Authors: Linh Linh - Bao Thang - Duc Minh

Translated by Linh Linh

14 companies of VRG are in the Top 100 sustainable enterprises

14 companies of VRG are in the Top 100 sustainable enterprises

(VAN) At the 2024 Announcement Ceremony of Sustainable Enterprises in Vietnam, VRG had 14 member companies recognized in the Top 100 Sustainable Enterprises.

C.P. Vietnam received two awards for sustainable development

C.P. Vietnam received two awards for sustainable development

(VAN) C.P. Vietnam recently received two awards for sustainable development at the announcement ceremony for Sustainable Businesses in Vietnam 2024, held on November 29th.

Vinamilk: A special and distinctive national brand

Vinamilk: A special and distinctive national brand

(VAN) Since being honored as a National Brand for the first time in 2010, Vinamilk has expanded its export markets from 42 to 62 countries...

FAO, IFIF underscore feed, food collaboration

FAO, IFIF underscore feed, food collaboration

(VAN) 'Livestock production is a cornerstone of agrifood systems, providing essential nutrition and economic opportunities worldwide,' Tiensin said.

Requesting that Canada discontinue its investigation of anti-dumping cases involving Vietnamese products

Requesting that Canada discontinue its investigation of anti-dumping cases involving Vietnamese products

(VAN) On the sidelines of the CPTPP Council, the Minister of Industry and Trade discussed the issue with the Minister of Export Promotion, International Trade and Economic Development of Canada.

20 years of forest biodiversity conservation and restoration

20 years of forest biodiversity conservation and restoration

(VAN) Dong Nai Nature-Culture Reserve has successfully fulfilled its mission of conserving biodiversity, promoting ecological and cultural values, and preserving historical relics.

Carbon market: The key to bringing Vietnam to Net Zero 2050

Carbon market: The key to bringing Vietnam to Net Zero 2050

(VAN) Vietnamese enterprises leverage the carbon credit mechanism and reduce emissions to work toward Net Zero 2050, contributing to the global fight against climate change.

Read more