VIETNAM COFFEE – AN EVENTFUL YEAR According to the Ministry of Agriculture and Rural Development, in 2015, Vietnam coffee declined in both value and export volume. It can be considered that this is a very eventful year for coffee when the export decline is over 28%. Both price and volume decrease According to the Vietnam… Continue reading Vietnamese Coffee – A turbulent year

In 2014, our country’s cashew kernel exports reached approximately 2 billion USD (the exact figure announced by the General Department of Customs is 1.992 billion USD). Processing of cashew kernels for export This year, the export of cashew kernels is facing the opportunity to not only surpass but may even exceed the milestone of USD… Continue reading Cashew exports will exceed the milestone of 2 billion USD

According to the Vietnam Coffee – Cocoa Association, the coffee production in 2015/16 crop year is likely to reduce more than 20%, compared to the plan. Harvesting coffee. (Source: VNA) The 2015/16 is the third consecutive crop of coffee bad harvest, causing the great damage to farmers as well as production and business enterprises. The… Continue reading The 3rd crop fails, coffee output is likely to decrease by 20%

The coffee production in this crop will decrease due to a 30% decrease in Arabica coffee production; Robusta coffee in the Central Highlands suffers from “flu” when flowering, combined with drought … At the Conference on Sustainable Development of Vietnam’s coffee industry in the series of events of the 5th Buon Ma Thuot Coffee Festival… Continue reading Secretary General Vicofa: Forecast of Vietnam’s coffee production 2014/15

Many Vietnamese enterprises have said that China has prohibited rice imports from Vietnam through unofficial channels. However, they say this will not affect the domestic market. As called with the Saigon Times Online, Mr. Nguyen Cong Khanh, a merchant in Hai Phong City, who sells rice to China through unofficial channels, said that Vietnam’s rice… Continue reading China bans Vietnamese rice border?

According to the New York Times, this is one of the highest prices ever for coffee. In an online auction taking place on June 19, a batch of fresh coffee beans produced by a famous coffee farm in Guatemala was sold for 500.5 USD/pound, equivalent to 1,102 USD (more than 23 million VND)/kg. According to… Continue reading Over 23 million VND for 1kg of Moka coffee

Compared to other areas in the province, farmers in Bao Lam district access to macadamia trees quite late. Although the implementation of planting macadamia is under contracts and there is the investors’ support in terms of seeds, fertilizers and techniques, after more than 4 years of planting, many farmers are still concerned about the market… Continue reading Lam Dong: Bao Lam farmers take care of the “output” of macadamia trees

Mr. Nguyen Thai Hoc, General Director of Dong Nai Agricultural Products and Foods Import, Export & Processing Company (Donafoods), said that the company has officially worked with Target Ltd. (Germany) with head office in Thailand to cooperate in building a clean cashew raw material area in Dong Nai. According to Hoc, before that, Target Ltd.… Continue reading Building a clean cashew nut production area in Dong Nai

Robusta coffee forward price increased, the domestic market could not keep up. Our country’s exports reported a decrease: due to retention of goods or uncompetitive selling prices? Domestic price not yet exceeded “threshold” Now is the first month of the last quarter of the coffee crop year in Vietnam and the world, starting from the… Continue reading Coffee: foreign prices increase, domestic prices falter

Currently, the export price of cashew kernels is almost equivalent to pepper, 3 times higher than coffee, but the profit of cashew growers is only 20% compared to coffee growers and 7% for pepper, so every year, 15,000 hectares of cashew have been cut down to plant other trees. Profit from pepper is very high… Continue reading Profit from cashew cultivation is only 7% compared to pepper

Vietnam’s coffee exports in March were estimated at more than 274 thousand tons, worth 558 million USD, so in the first 3 months of the year, coffee brought in more than 1.17 billion USD. According to a report of the Ministry of Agriculture and Rural Development in March, coffee exports were estimated at 274 thousand… Continue reading Coffee exports increase both volume and value

Mr. Do Ha Nam, Vice President of Vicofa, forecasts that Vietnam’s exports will reach more than 1.5 million tons, with a turnover of 3 billion USD, an increase of about 20% compared to 2013. From the beginning of the 2013/14 crop year (October 2013), Vietnam has exported about 700 tons of coffee (accounting for 40%… Continue reading In the 2013-2014 crop year, coffee exports will bring in 3 billion USD