Business Monitor International (BMI) is optimistic about the prospects for Vietnam’s coffee and dairy production sectors. In its 3rd quarter report on Vietnam’s agricultural sector, BMI forecasts that by 2014, the country’s coffee production would grow by 23 percent and milk production by 41 percent compared to 2009.
The Government should create some support policies to ensure coffee growers earn a profit of at least 30 per cent, deputy director of the Department of Agriculture, Forestry and Fishery Products Processing and Salt Industry, under the Ministry of Agriculture and Rural Development, Doan Xuan Hoa, said yesterday.
Executives from seven coffee companies have returned after a visit to Canada to explore business opportunities there.
The country’s coffee and cocoa yields this year are expected to be down 20-30 per cent compared with the same period last year, according a report by the Viet Nam Coffee and Cocoa Association (VICOFA).
The Ministry of Agriculture and Rural Development (MARD) will keep the country’s total coffee cultivation area of between 450,000 and 500,000 ha
VGP – The Business Monitor International Company (BMI), an international provider of proprietary data, analysis, ratings, rankings and forecasts about 175 countries and 22 industrial sectors
* Coffee prices may rise in May -traders * Current stocks of up to 6.7 mln bags By Ho Binh Minh HANOI, May 4 (Reuters) – Vietnamese coffee prices are expected to rise this month as exporters
Vietnam, the world’s second-largest rice exporter and second-biggest producer of robusta coffee, aims to maintain its current export volumes of both commodities during the next decade
Vietnamese coffee farmers have slowed or halted sales in recent days, waiting for exporters to execute a government-backed stockpiling plan despite some gains in international prices, traders said on Tuesday.
Harvest failure of coffee trees along with continuous price drops have made many lives in Dak Nong difficult.
