Vietnam is now a coffee export partner with more than 80 nations and territories around the world including many traditional markets such as Germany, the US, and Spain, according to the Vietnam Coffee and Cacao Association (VICOFA).
VICOFA held a meeting in HCM City on April 9 to review business activities in the 2008-2010 tenure and devise orientations for the next tenure.
According to the association, Vietnam exports around 1 million tonnes of coffee on average, with a export turnover of roughly US$2 billion, making up over 8 percent of the agricultural sector’s exports.
In the 2008-2010 tenure, VICOFA played an active role in linking production and consumption and contributed to the coffee sector’s sustainable development policies.
From now to 2013, the coffee sector will face many challenges such as climate change, and price fluctuations which have affected the country’s coffee business.
VICOFA will focus on maintaining a coffee cultivation area of 500,000 hectares with an output of more than 1.1 million tonnes per year, holding a 15 percent share of the world’s coffee export market and promoting cooperation with major coffee growing nations in the world.