Finding ways to boost coffee exports
HÀ NỘI — As 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 US$2.17 billion, down 12.5 per cent in volume and 20.9 per cent in value compared to the same period last year.— Photo baodautu
To get Vietnamese coffee into foreign distribution systems, the Ministry of Industry and Trade said it would implement the scheme to help Vietnamese enterprises participate in overseas distribution networks by 2020, 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, Trần Tấn Thiện, director general of Hello 5 Coffee Joint Stock Company, 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 Thời Báo 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,” Thiện said.
Related news
The Central Highlands province of Dak Lak has many advantages and potential to develop organic agriculture, but the province still lacks clear development
The average export price of tea in the Chinese market during the first nine months of the year has increased sharply by 66.2 per cent to over US$3,384 per kilo
Farmers will not be able to feed the world’s growing population unless they are allowed to use biotechnology.