Vietnam’s agricultural products benefit from processing


Coffee cherries at a farm in Buon Ma Thuot, Vietnam. - Bloomberg

HANOI: The first month of 2024 has seen coffee exports showing a robust performance, surging to a trade volume of US$621mil, marking a 99.6% increase compared to the same period in 2023, according to data from the Industry and Trade Ministry.

With the current export prices standing at US$2,955 per tonne, reflecting a 35.2% uptick from the previous year, Vietnamese coffee export companies are reported to have secured substantial orders in the first quarter of 2024.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Japan's Nikkei rises on tech rally, stronger yen lifts JGBs
Indonesia to cut ride-hailing companies' maximum commission taken from drivers to 8%
Take Five: Sell in May? Let's find out
Asia shares find hope in tech resilience, oil off peak
SME Corp empowers digitalisation, automation of MSMEs
Yayasan Peneraju fast-tracks SPM leavers into chartered accountancy
ANZ says Australia likely to avoid recession; flags prolonged impact of Middle East war
Japan's factory activity growth hits 4-year high on stockpiling, PMI shows
South Korean April exports rise 48.0% y/y as chip boom extends
Japan warns yen speculators it stands ready to intervene again

Others Also Read