Nestle vows to promote Vietnamese coffee in international markets

The Nestle Group is carrying several major projects with the aim of popularising Vietnamese coffee among coffee consumers all over the world and making Vietnam an international reference for robusta coffee, said a Nestle executive.

The Nestle Group is carrying several major projects with the aim ofpopularising Vietnamese coffee among coffee consumers all over the worldand making Vietnam an international reference for robusta coffee, said aNestle executive.

Executive Vice President forNestle Nandu Nandkishore, responsible for Asia, Oceania and Africa, toldthe Hanoi Moi (New Hanoi) newspaper that the recent inauguration ofNestle’s 80-million USD factory in southern Dong Nai province not onlymarks a new step forward in the group’s presence in Vietnam but alsodemonstrates that Nestle is continuing to carry out its commitment tothe community, coffee farmers and consumers in the country.

The Dong Nai factory, Nestle’s second facility to producede-caffeinated coffee beans in the world, will use only Vietnameserobusta coffee beans, and its product will be supplied to Nestleprocessing facilities around the world, according to the executive.

It is expected to raise the production value for Vietnamese coffeefarmers as well as the Vietnamese coffee reputation in internationalmarkets, he said.

Since 2011, the company has alsoassisted coffee farmers in the Central Highlands in replacing old treesin a bid to improve productivity and production value, with a total of11 million coffee seedlings to be supplied at half the price by the endof 2015.

The project also opened technical trainingcourses to more than 20,000 local farmers to spread the application ofgood farming practice.

At the same time, Nestlejoined the public-private partnership project in coffee production, aninitiative put forward at the World Economic Forum 2010. With thecollaboration of other partners such as 4C and Rainforest Alliances, theproject has been building model coffee farms and training farmers insustainable farming techniques, contributing to reducing productioncosts, environmental impact and raising productivity and income forfarmers.

According to the executive, Nestle’sinvestment in Vietnam now totals 450 million USD, but the investmentcarries a greater significance than merely an expansion of business.

The inauguration of the Dong Nai factory and farmingprojects that Nestle is carrying out in Vietnam demonstrate the group’sconfidence in the country, where it has been operating successfully formore than 20 years, he said.

Vietnamese coffee isavailable in more than 80 countries and territories across the world,making the country the second largest coffee exporter in the world, onlyafter Brazil.

The country is currently theworld's leading exporter of robusta coffee. Last year, it earned 3.62billion USD from shipping 1.73 million tonnes of coffee abroad, up 33.4percent in volume and 32.2 percent in value.

Germany and the US remained the two largest importers of Vietnamesecoffee in 2014, accounting for 14.13 percent and 10.17 percent,respectively, of the country's total coffee export turnover.-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.