Hanoi (VNA) – Vietnam supplied 25 percentof Japan’s imported coffee products in the first 11 months of 2018, accordingto Nikkei Asian Review.
The publication said Vietnam is closing in onmarket-leader Brazil, which accounted for 27 percent of Japan’s coffee imports,falling 7 percent year on year over the same period.
Mostof Vietnam's coffee beans are of the Robusta variety, known for beingrelatively easy to grow and resistant to disease and pests -- qualities thatensure stable crops. The beans make for a heady, somewhat bitter coffee incontrast to Brazil's more costly Arabica beans, which tend to have a sweeter,softer flavour.
NikkeiAsian Review quoted Toyohide Nishino, executive director of the All JapanCoffee Fair Trade Association, as saying that consumer thirst for good tasting,low-priced coffee is driving Robusta's market share.
Japanimported 88,000 tonnes of unroasted coffee beans from Vietnam in all of 2017 --a tenfold jump from a decade before -- and surged 15 percent year on year to94,000 tonnes in the 2018 January-November period alone.
Thepublication also cited the proximity of Vietnam to Japan as an advantage forVietnam in the Japanese market, noting that shipping from Vietnam or otherregional producers takes only about half as long as Arabica coming from LatinAmerica. And among Southeast Asian coffee producers, Vietnam's largerproduction base offers a more stable supply than, for example, Indonesia.
Inaddition, Vietnam will benefit from a market increasingly polarised on the highand low-end segments even though Japanese demand for Arabica coffee remainssolid, Vietnam will be a beneficiary of a market increasingly polarized on thehigh- and low-end segments, Shiro Ozawa, an adviser for Tokyo-based specialtycoffee trader Wataru and Co. was quoted as saying by Nikkei Asian Review.-VNA
The Nikkei Asian Review Hanoi Forum, taking place in Hanoi today, aims to commemorate and recognise Vietnam and Japan’s strategic investment partnership as the former constantly enhances its global status as a leading economy in the ASEAN region.
Japanese trading house Sojitz has purchased Vietnam's Saigon Paper for about 10 billion JPY (91.2 million USD), inking a deal to tap the fast-growing demand for cardboard and tissue paper in the Southeast Asian country, according to Nikkei Asian Review.
With a rapidly aging population and declining fertility, Japan had to adopt a more open-door approach towards foreign workers to staff its labour-strapped industries, with Vietnamese workers among the fastest growing groups.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.