Coffee exports reached 1.26 million tonnes in the first nine months of this year, valued at $2.17 billion, down 12.5 per cent in volume and 20.9 per cent in value compared to the same period last year. BAODAUTU.VN/VIET NAM NEWS
As Vietnam's coffee exports dropped in both volume and turnover in the first nine months of this year, the Ministry of Industry and Trade said improving product quality and brand development are key for coffee export growth.
Coffee exports reached 1.26 million tonnes, valued at $2.17 billion, down 12.5 per cent in volume and 20.9 per cent in value compared to the same period last year.
To get Vietnamese coffee into foreign distribution systems, the ministry said it would implement the scheme to help Vietnamese enterprises participate in overseas distribution networks by next year, aiming to bring Vietnamese coffee directly into foreign markets.
One of the activities includes programmes to connect overseas Vietnamese enterprises in Thailand, France, Germany and Australia with domestic businesses, using overseas networks to help Vietnamese coffee enterprises study export markets.
Communication about the quality of Vietnamese coffee is expected to contribute to its consumption in supermarkets in foreign markets.
Sharing his experiences on exports in the coffee industry, Hello 5 Coffee Joint Stock Company director-general Tran Tan Thien said Vietnamese coffee exporters should improve the quality of their products to the world-level, not regional.
“By doing so, Vietnamese businesses exporting coffee will have better access to the EU, US, Chinese, Japanese and Korean markets,” he told Thoi Bao Kinh Doanh (Business Times).
“This requires Vietnamese enterprises to always set the criteria to go further when the coffee market is growing fast and fiercely competitive,” he added.
Enterprises also needed to choose their target markets, he advised.
The director-general noted that coffee exports coffee needed to adapt quickly to international e-commerce channels such as Amazon, Alibaba and Baidu.
The world market was aiming at safe, green and good production for consumers, which was an opportunity for businesses producing safe coffee, he added.
“Enterprises should also choose existing regional advantages,” Thien said.
VIET NAM NEWS/ASIA NEWS NETWORK
