Vietnam’s coffee sector targets 5-6 billion USD export by 2030

Vietnam’s coffee sector targets earning 5-6 billion USD from export by 2030, said the Vietnam Coffee and Cocoa Association (VCCA).
Vietnam’s coffee sector targets 5-6 billion USD export by 2030 ảnh 1Illustrative image (Source: VNA)
HCM City (VNA) – Vietnam’scoffee sector targets earning 5-6 billion USD from export by 2030, said theVietnam Coffee and Cocoa Association (VCCA).

During a recent press briefing inHo Chi Minh City to introduce activities within the framework of Vietnam CoffeeDay (December 10), VCCA Chairman Luong Van Tu said the sector is restructuringitself to improve competitiveness.

To achieve the goal, the sectorplans to adopt advanced and eco-friendly technologies in order to increase therate of processing products of high added value, including instant and groundcoffee, to 30 percent from the current 10 percent.

Over the past years, coffee hasbecome an important agricultural product of the country, generating jobs for millionsof workers and raking in billions of USD from export to 80 countries worldwide.Vietnam’s coffee currently accounts for 15 percent of the global consumption.The country is the world’s biggest robusta coffee producer and exporter and thesecond largest producer of coffee beans.

In order to develop the coffeeindustry, the Prime Minister recently designated December 10, when President HoChi Minh visited Dong Hieu coffee plantation in the central province of Nghe An55 years ago, as “Vietnam Coffee Day”.

The festival “Coffee Vietnam Day 2016”is slated for December 8-11 in Ho Chi Minh City with a range of activities,including a ceremony to announce the PM’s decision on Vietnam Coffee Day,coffee tasting sessions, an event to honour individuals and organisations whodedicate to the sector, and announce the list of prestigious coffeemanufacturers and processors, and several seminars.

The event is expected to allowbusinesses to seek partners and market their products to domestic and foreignconsumers./.
source

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.