April 20, 2024 | 06:50 GMT +7
April 20, 2024 | 06:50 GMT +7
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(VAN) The prolonged severe drought in the border district of Đuc Co (Gia Lai province) has damaged coffee fields, risking entire plantations dying.
(VAN) Coffee prices have continuously increased over time, leading to supply chain risks. The coffee industry is necessary to maintain the reputation of Vietnamese coffee.
(VAN) According to Eurostat, in 2023, the EU imports 4.05 million tons of coffee, worth $ 20.79 billion; down 9% in volume and 10.2% in value compared to 2022.
(VAN) In March 2024, Robusta and Arabica coffee prices increased simultaneously due to a sharp increase in world demand, while supply was limited.
(VAN) Vietnamese robusta coffee is constantly reaching peaks, and prices are at the highest level in the world, but other sources of robusta coffee at lower prices need help to beat this product.
(VAN) Additional supply from Brazil and Indonesia will help offset the production shortage from Vietnam by mid-2024.
(VAN) In the first quarter of 2024, Vietnam exported nearly 600 thousand tons of coffee with a turnover of about 1.9 billion USD, an increase of 3.1% in volume and 54.7% in export turnover.
(VAN) That is the idea of coffee industry experts and traders at the Workshop 'Solutions for coffee export to reach $5 billion', on the afternoon of March 30.
(VAN) The price of Vietnamese coffee has exhibited a consistent upward trend since the beginning of 2024, setting new records and showing no signs of slowing down.
(VAN) Accumulation in the first 2 months of 2024 showed that Vietnam's coffee exports are estimated to reach 438 thousand tons, worth $1.38 billion.
(VAN) The price of arabica coffee from the Central Highlands has consistently risen throughout January 2024 and currently stands at its highest level to date.
(VAN) With the aim of promoting the image of Vietnamese coffee globally, Nestlé Vietnam recently organized a press tour for international media to visit sustainable coffee farms in Vietnam.
(VAN) Coffee prices at the beginning of the 2023/2024 crop are at an all-time high. This growth is expected to continue into the foreseeable future.
(VAN) On the evening of November 24, the documentary 'The Tao of Coffee' was broadcast on Discovery TV channel in Australia and New Zealand.
Quang Tri (VAN) At one point, the price of coffee was only 7 million VND/ton discouraging people in Huong Phung commune (Huong Hoa district) from harvesting their crops.