Vietnam’s coffee export reaches nearly $800 mln in Jan
Vietnam exported 154,635 tons of coffee in January 2025, earning $799.5 million, according to statistics from the Vietnam Coffee-Cocoa Association.
Of this total, green coffee exports reached 137,568 tons, generating $694.9 million, marking a 38.2% decline in volume, but an 8.8% increase in value compared to the same period last year.
Processed coffee exports amounted to 17,067 tons, bringing in $104.6 million, accounting for 11% of total volume and 13% of total export value.
In January, foreign direct investment (FDI) enterprises contributed 21.8% of Vietnam’s total green coffee export volume and 22.4% of total export value for this segment.
In 2024, domestic enterprises exported nearly 1.35 million tons of coffee, generating a record-breaking $5.62 billion in revenue.
The average export price of coffee reached an all-time high of $4,178 per ton, with prices soaring to $5,855 per ton in November 2024. Meanwhile, domestic raw coffee prices peaked at VND131,000 ($5.2) per kilogramme, yielding a net profit of over VND 90,000 per kg for farmers, after deducting costs.
For 2025, the Ministry of Agriculture and Rural Development has set a coffee production target of 1.98 million tons, slightly higher than the previous year.
The U.S. Department of Agriculture forecasts that global coffee consumption for the 2024-2025 season will rise by 5.1 million bags to 168.1 million bags. Meanwhile, Vietnam’s coffee exports are projected to increase by 1.8 million bags, reaching 24.4 million bags, supported by improved supply conditions.
- Read More
Vietnam's Cai Mep International Terminal accommodates first vessel for Gemini Cooperation
Cai Mep International Terminal (CMIT) in the southern Vietnam province of Ba Ria-Vung Tau on Friday welcomed the first vessel from the WC1/TP6 service of the Gemini Cooperation, a partnership between shipping giants - Germany's Hapag-Lloyd and Denmark-based Maersk.
Southeast Asia - Sat, February 8, 2025 | 11:03 am GMT+7
Thailand continues to lead ASEAN’s dairy market
Thailand remains the top regional dairy exporter, driven by strong demand from key markets, including Malaysia, Vietnam, Indonesia, Singapore, the Philippines, and Myanmar.
Southeast Asia - Sat, February 8, 2025 | 10:51 am GMT+7
Japan pneumatics firm SMC to invest $330 mln more in Vietnam, $1 bln in total
SMC Manufacturing Vietnam, under Japanese pneumatic instrument producer SMC, will invest $330 million more in Vietnam’s southern industrial hub of Dong Nai province.
Industries - Sat, February 8, 2025 | 10:22 am GMT+7
US tax policy also presents great opportunities: SSI economist
While U.S. tax policy could strongly impact Vietnam, it also presents great opportunities, said Pham Luu Hung, chief economist at leading Vietnamese broker SSI Securities.
Economy - Sat, February 8, 2025 | 9:22 am GMT+7
Indonesia seeks alternative donor support amid USAID closure
Indonesia's Health Ministry is exploring other donor options following the recent closure of USAID by the U.S. government.
Southeast Asia - Sat, February 8, 2025 | 8:07 am GMT+7
Vietnam's public investment to focus on expressways, high-speed railways, urban railways
Vietnam is prioritizing public investment for expressway and high-speed/urban railway projects over the next five years to enhance inter-regional connectivity and stimulate socio-economic growth.
Economy - Fri, February 7, 2025 | 9:49 pm GMT+7
Vietnam's economic expansion likely 6.7% in 2025 on increased business activity, FDI: StanChart
Standard Chartered on Friday predicted Vietnam’s economy to grow by 6.7% in 2025, while the government has proposed to raise the target to 8% or more.
Economy - Fri, February 7, 2025 | 5:19 pm GMT+7
$4.5 bln superyacht-resort complex project proposed in south-central Vietnam
Lac Viet Palmer Johnson Coastal Urban Areas-Superyacht JSC, based in Phu Cat district, Binh Dinh, is keen to invest in a $4.5 billion superyacht-resort complex in the south-central province.
Real Estate - Fri, February 7, 2025 | 4:21 pm GMT+7
Central Vietnam province Binh Dinh seeks $59.3 mln investment for waste-to-energy plant
The south-central province of Binh Dinh is calling for a VND1.5 trillion ($59.3 million) investment in the Long My solid waste treatment plant, a major project utilizing waste-to-energy technology.
Infrastructure - Fri, February 7, 2025 | 3:20 pm GMT+7
Vietnam's master plan on atomic energy development, application approved
Deputy Prime Minister Bui Thanh Son has signed Decision No. 245/QD-TTg approving a master plan on Vietnam's development and application of atomic energy to 2030, with a vision to 2050.
Southeast Asia - Fri, February 7, 2025 | 1:54 pm GMT+7
The game-changer island puts Vietnam ahead of Singapore in 2024 tourism
Singaporean news agency CNA has ranked Phu Quoc among the top 25 must-visit destinations in 2025, placing it alongside some of the world’s most renowned travel paradises.
Travel - Fri, February 7, 2025 | 12:34 pm GMT+7
Vietnam unlikely to have 6 GW offshore wind power by 2030, aims for 2031-2035
Vietnam is unlikely to reach its target of having 6,000 MW of offshore wind power by 2030 and strives to reach the goal in 2031-2035, the Ministry of Industry and Trade said in its draft amendment to the power development plan VIII (PDP VIII).
Energy - Fri, February 7, 2025 | 12:00 pm GMT+7
What vloggers don’t know about HCMC
YouTubers misrepresent Ho Chi Minh City as a tourist destination and cultural hub of Vietnam. How can someone know everything about a city after spending 12 or 24 hours in the place? But this seems to be the format of the modern-day know-it-all on YouTube.
Travel - Fri, February 7, 2025 | 11:45 am GMT+7
US-China trade tensions and Asia’s “decoupling” opportunity: HSBC exec
Donald Trump’s inclination to reduce America’s imports may also inadvertently provide the impetus for Asia to update its growth model, which has historically relied heavily on exporting to the U.S. market, writes Frederic Neumann, chief Asia economist at HSBC.
Consulting - Fri, February 7, 2025 | 11:30 am GMT+7
Vietnam livestock companies report strong profits in 2024
After two tough years, livestock businesses in Vietnam strongly rebounded in 2024 thanks to the high prices of pork and significantly reduced feed costs compared to previous periods.
Finance - Fri, February 7, 2025 | 8:33 am GMT+7
Vietnamese listed firms see 22.3% surge in 2024 net profit
The after-tax profit of firms listed on the Vietnamese market rose by an average 22.3% in 2024 compared to the previous year, with the non-financial sector leading the pack, up 28.7%, according to FiinTrade, a Hanoi-based financial information platform.
Economy - Thu, February 6, 2025 | 10:59 pm GMT+7