Farmers in Buon Ho town, Dak Lak province end to their coffee plants (Source: sonongnghiepdaklak)
The coffee sector aims to develop the coffee processing system in a bid to increase the added value of domestic coffee products, an official has said.
The focus will be on investment in advanced technologies to enhance productivity and product quality in the period from now to 2020 instead of building new processing facilities, according to Vo Thanh Do, Deputy Director of the Agro-Forestry, Seafood Processing and Salt Industry Department under the Ministry of Agriculture and Rural Development.
By 2020, finished processed coffee products such as roasted and ground coffee and instant mixed coffee are expected to account for 25 percent of the total coffee beans output, of which the total yearly productivity of roasted and ground coffee will reach 50,000 tonnes and that of instant coffee will be 255,000 tonnes.
According to the Central Highlands Steering Committee, the coffee and pepper sector currently exports mostly unprocessed products, which have limited added value.
In the 2013-2014 crop, nearly 1.4 million tonnes of coffee were shipped abroad, generating only 3.55 billion USD.
Chairman of the Vietnam Coffee and Cocoa Association Luong Van Tu said a kg of coffee beans earns nearly 2 USD, equivalent to the price of just one coffee cup in coffee importing countries, while one kg of coffee beans can make 50 cups.
There are currently 265 coffee processing firms across the country with a combined annual capacity of nearly 100,000 tonnes of coffee products. However, the majority are not running at full capacity.
Coffee trees are currently grown on more than 641,700 hectares, producing nearly 1.4 million tonnes of coffee beans each year. The Central Highlands accounts for 573,000 hectares and more than 1.3 million tonnes.
The ministry has set its sights on yearly revenues of 3.8-4.2 billion USD from coffee exports by 2020 and 4.5 billion USD by 2030.-VNA
Vietnam will maintain its total coffee farming area at around 600,000 hectares from now to 2020, focusing mainly on the four Central Highland localities of Dak Lak (190,000ha), Lam Dong (150,000ha), Dak Nong (115,000ha) and Gia Lai (75,000ha).
The Ministry of Agriculture and Rural Development is planning to invest in advanced technologies to enhance the value of the coffee sector through improving productivity and product quality.
The Ministry of Agriculture and Rural Development (MARD) is carrying out its master plan to develop the coffee processing system by 2020 in a bid to increase the added value of domestic coffee products, said a senior official.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Farmers in Buon Ho town, Dak Lak province end to their coffee plants (Source: sonongnghiepdaklak)
