Vietnam coffee company chief bemoans lack of cooperation on rising freight costs
Coffee buyers and sellers need to work together to deal with recent global volatility, otherwise export enterprises will struggle to survive, writes Phan Minh Thong, general director of Phuc Sinh Group, a leading Vietnamese coffee exporter.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Greedy Vietnamese coffee farmers cause supply chain chaos: company chief
Vietnamese coffee exporters are crying foul over intermediaries failing to meet supply commitments as farmers hoard coffee in anticipation of continued price hikes, writes Phan Minh Thong, general director of Phuc Sinh Group, a leading coffee exporter in Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
High seas piracy: shipping companies make huge profits, exporters drown: exec
While many exporters are on the verge of bankruptcy due to growing expenses, shipping companies are making huge profits, writes Phan Minh Thong, general director of Phuc Sinh Group, a leading coffee exporter in Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam coffee sector battles through highs and lows in 2023
Global coffee prices increased in 2023, but traders and exporters endured a stressful year, and international buyers now recognize that Vietnamese robusta supplies are no longer limitless, writes Phan Minh Thong, general director of Phuc Sinh Group, a leading coffee exporter in Vietnam.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
European investment fund values 'pepper king' Phuc Sinh at $320 mln: exec
A European investment fund has invested in and valued “pepper king” Phuc Sinh Group at $320 million, said its chairman Phan Minh Thong.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
‘Pepper king’ spices up market with $62 per kg coffee husk tea
Four years after it began exporting coffee husk tea, the Phuc Sinh Consumer JSC has introduced it in the domestic market at nearly VND1.5 million ($61.83) per kg.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
“Pepper king” Phuc Sinh holds 8% of world market share
Phuc Sinh Group has become a major pepper exporter from a small Vietnamese start-up to hold 8% of the global market share after more than two decades of development.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Exit your shell to develop business: Vietnam 'pepper king'
Actively approaching new markets at the same time as producing products with added value for export were among the efforts by Vietnamese pepper supplier Phuc Sinh Group to experience 2022, a year with serial challenges, to set a record revenue of $220 million.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
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