Posts Tagged ‘ coffee ’

Vietnam coffee premium may not fall before Tet, Volcafe says 

January 7, 2012
Vietnam coffee premium may not fall before Tet, Volcafe says 

  The premium buyers have to pay for coffee from Vietnam, the world’s second-largest producer, may not decline before the Tet festival, according to Volcafe, the coffee unit of commodities trader ED&F Man Holdings Ltd. Vietnamese beans for shipment in February and March were at a premium of $80 a metric ton above the price [...]

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Vietnam coffee to reach EU next month at earliest, Volcafe says 

November 19, 2011
Vietnam coffee to reach EU next month at earliest, Volcafe says 

Workers sort through green robusta coffee beans for defects at a processing plant in Ho Chi Minh City. Coffee beans from the season started last month in Vietnam, the world’s largest producer of the robusta variety, will reach Europe by mid-December at the earliest, helping erode stockpiles, Volcafe said. Robusta stockpiles with valid grading certificates [...]

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Vietnam encourages producers to register brands overseas 

October 29, 2011
Vietnam encourages producers to register brands overseas 

The famous brand of Phu Quoc fish sauce, which is owned by the Phu Quoc Fish Sauce Association in the Mekong Delta province of Kien Giang, was recently registered by a Hong Kong-based company in China. Vietnamese producers’ associations should register their members’ collective brands overseas as soon as possible to avoid foreign legal battles [...]

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Coffee shippers in Vietnam told to avoid forward sales by state 

October 19, 2011
Coffee shippers in Vietnam told to avoid forward sales by state 

Workers sort through green robusta coffee beans for defects at a processing plant in Ho Chi Minh City. Commodity exchange NYSE Liffe has launched a scheme to grade robusta coffee supplies in Vietnam. Coffee exporters in Vietnam, set to ship a record harvest, are being urged not to sign so-called forward contracts unless they have [...]

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Grading scheme to benefit Vietnamese coffee exports 

October 7, 2011
Grading scheme to benefit Vietnamese coffee exports 

Workers sort through green robusta coffee beans for defects at a processing plant in Ho Chi Minh City. Commodity exchange NYSE Liffe has launched a scheme to grade robusta coffee supplies in Vietnam. Major commodity exchange NYSE Liffe has launched a scheme to grade robusta coffee supplies in Vietnam, a move that experts believe will [...]

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Coffee output in Vietnam may reach record on weather, expansion 

September 23, 2011
Coffee output in Vietnam may reach record on weather, expansion 

  Vietnam, the second-largest coffee grower, may produce a record crop in the upcoming harvest as favorable weather and a larger cultivated area boost output in the 2011-2012 season, increasing global supplies. Production may total 1.32 million tons, according to the median estimate in a Bloomberg survey of 12 traders, growers and exporters. That compares [...]

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Vietnam coffee exporters start to lose footing 

September 23, 2011
Vietnam coffee exporters start to lose footing 

  Vietnamese coffee exporters fear that they could lose the market to foreign companies who have ample money to stockpile the bean. They say although the business is set to generate a revenue of US$2.6 trillion for Vietnam this year, only foreign exports can claim a successful year. Le Duc Thong, general director of Dak [...]

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KKR-backed Masan seeks Vinacafe unit to tap consumption 

September 10, 2011
KKR-backed Masan seeks Vinacafe unit to tap consumption 

  Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam’s second-biggest coffee exporter, said it received a VND1.07 trillion (US$51 million) takeover bid from Masan Group Corp. as it targets increased consumer spending. Masan Consumer Corp., a subsidiary of Masan Group and partly owned by KKR & Co., plans to buy 13.32 million Vinacafe shares [...]

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Agricultural exports falter despite high prices 

September 4, 2011
Agricultural exports falter despite high prices 

Farmers transport rice after harvesting it outside Hanoi. Vietnam is expected to export a record 7.3 million tons of rice this year. The prices of many agricultural products are rising in the world market, but Vietnamese exporters may not be able to capitalize on this opportunity because their stocks are thin. Coffee prices have surged [...]

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Thousands cannabis plants uprooted in Central Highlands 

August 2, 2011
Thousands cannabis plants uprooted in Central Highlands 

Cannabis plants seized from a coffee plantation in Dak Nong Province. Dak Nong police arrested two men and uprooted thousands of cannabis plants, on Friday, at a coffee plantation in the Central Highlands. Tran Xuan Luc, 42, and Nguyen Van Binh, 37, of Thuan Hanh Commune in Dak Song District were arrested at the site, Sai Gon Giai [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...