According to the Vietnam Coffee Cocoa Association (Vicofa), Việt Nam exported nearly 1.7 million tonnes of coffee in the first eight months, earning more than US$6 billion.
Việt Nam is optimistic about achieving around US$9 billion in exports in 2026, supported by higher production, growing investments in value-added processing, and the advantages from complying with the European Union Deforestation Regulation.
The EUDR, which requires companies to prove that products placed on the EU market are not linked to deforestation, will make comprehensive farm-level traceability a prerequisite for exports.
The Vietnam Coffee Festival 2026 opened at the Vietnamese Embassy in Singapore on June 26, bringing together producers, importers, distributors and industry associations from both nations, including the Vietnam Coffee-Cocoa Association and the Singapore Coffee Association.
Việt Nam cements its position as the world’s second-largest coffee producer and leading robusta supplier, latest data by the United States Department of Agriculture (USDA) showed.
The average export price of Vietnamese coffee to the UK in the first half of 2024 reached US$3,941 per tonne, marking an increase of 68.4 per cent year-on-year.
Cactus, a young Vietnamese enterprise investing in Canada, decided to set up a store in the bustling city of Toronto to introduce Vietnamese coffee, towards exploring and expanding the export market for Vietnamese coffee products.
A surge in domestic coffee prices was attributed to the fact that traders actively purchased coffee before the Lunar New Year (Tết) holiday while exporters were afraid of supply shortages like last year so they tended to buy more.
Việt Nam’s coffee export volume in the 2023-24 season is likely to be lower than a year ealier due to a in output, no carry-over stock and growing local demand, and export prices will remain high, according to the Việt...