Coffee prices rise in Vietnam
Price of coffee in the Central Highland Provinces climbed to VND43.7 million per tonne but trading was not as vibrant because coffee stocks were low and some farmers continued to hold their produce for better prices.
During 2011-2012, coffee production in Vietnam reached more than 1.3 million tonnes, of which around 900,000 tonnes was exported. The rest was kept by farmers or coffee companies.
A General Statistics Office report shows that coffee exports in May were around 150,000 tonnes, a decrease of 11 per cent compared to last month, but up 53 per cent compared to the same period last year. Coffee export turnover reached $313 million in May, 11.3 per cent lower than in April.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Vietnam's logistics sector confronts new challenges (October 31, 2024 | 14:40)
- VinFast to secure $1 billion funding led by Emirates Driving Company (October 31, 2024 | 11:12)
- AD Ports Group seeks to develop logistics and maritime infrastructure in Vietnam (October 31, 2024 | 10:40)
- Vietnam Logistics Summit 2024 to take place on October 31 (October 31, 2024 | 07:48)
- Investment opportunities abound in railway infrastructure (October 30, 2024 | 18:22)
- Saudi Aramco targets Vietnam for refining and distribution (October 30, 2024 | 16:38)
- Japanese ODA is massive contribution for Vietnam (October 29, 2024 | 12:04)
- Five consortiums interested in Quynh Lap LNG plant (October 28, 2024 | 18:06)
- PM Chinh courts Lulu Group for Vietnam expansion (October 28, 2024 | 17:55)
- Vingroup establishes $150 million venture capital fund (October 28, 2024 | 17:02)
Mobile Version