Efforts have been hastened to accelerate digitisation of coffee growing areas and developing traceability data to meet increasingly stringent requirements in export markets.
Sơn La is strengthening trade links with international partners to expand markets for its Arabica coffee, improve value addition and raise export earnings to US$186 million by 2030.
The 3.43ha plant will have a designed capacity of 5,000 tonnes of green coffee beans a year, equivalent to around 25,000 tonnes of fresh coffee cherries.
Exports reached an estimated $56.3 billion in the first nine months, up 7.8 per cent from a year earlier, while the sector recorded a trade surplus of $16.9 billion, up 7.4 per cent, the ministry said.
The latest ownership change comes as Highlands Coffee prepares for a planned initial public offering (IPO), which is expected to be completed in the first quarter of 2027.
Changes in anti-deforestation rules are important for Việt Nam whose timber, coffee and rubber supply chains are closely integrated with international markets.
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.
Achieving double-digit growth will require HCM City not only to mobilise more investment capital, but also to raise productivity, diversify funding channels and mechanisms for businesses to collaborate on solving the city’s major challenges, speakers said at an event in...
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 event is a key trade promotion initiative aimed at showcasing Việt Nam''s specialty coffee, strengthening business connections and expanding opportunities for cooperation and exports in the Chinese market.