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Category: Vietnam Food and Beverage News

Vietnam food and beverage news covers the latest developments in one of the country’s most rapidly growing industries. Vietnamese love to eat and drink and with this in mind, this section tracks Vietnam food and beverage news including key regulations, data points, and developments.

UK Pork approved for export to Vietnam

Of note, back in March it was reported that the a submission had been made by Vietnamese meat producers to the Government of Vietnam requesting additional technical barriers on imported meats. This was necessary, they argued, to level the playing field with other meat producing countries.

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Vietnam meat producers request government intervention in meat imports

The Vietnam Livestock Association and the Animal Feed, Large Livestock and Poultry Breeding associations have made a submission to the Government of Vietnam requesting additional technical barriers on imported meats, Tuoi Tre is reporting. The associations are essentially arguing that Vietnam’s technical requirements for meat imports are lax relative to

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Vietnam Beer: What You Need To Know in 2024

Vietnamese are among the biggest beer drinkers in Southeast Asia. In fact, by consumption, international beverage and hospitality firm, Kirin Holdings, found that Vietnam had the seventh highest beer consumption in the world after Germany but, notably, before the United Kingdom which was in position eight. This preference for beer,

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Rising coffee prices see farmers refuse to fulfil orders: Reuters

Vietnam’s coffee farmers are refusing to fill orders looking to renegotiate their contracts in light of higher than expected coffee prices, Reuters is reporting. The publication goes on to say that what started as a local problem is now starting to impact the global coffee market. Incidentally, The Investor carried

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Calls for reform in Vietnam coffee industry as supplies dwindle

In an opinion piece in The Investor Phan Minh Thong, general director of Phuc Sinh Group, a local coffee exporter, argues that there needs to be greater fairness in Vietnam’s coffee industry. In particular, he suggests agreements with international buyers are often weighted to the advantage of the buyer but

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Vietnamese Coffee Brands: Quick Guide 2024

Coffee culture is a big part of life in Vietnam. From the streets of Hanoi to the mountains of Da Lat, casual conversation over coffee with friends has become a national pastime.  Vietnam has also developed its own unique ways of drinking coffee. From coconut coffee to egg coffee, to

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Vietnamese coffee reaches highest price ever

Coffee prices in Vietnam hit 72,500 (US$$2.87) per kilo today the highest price ever, VN Express is reporting. The publication credits this to concerns about supply shortages due ships avoiding the Suez Canal due to conflict in the Red Sea and instead going around Africa. Vietnam coffee prices, Dak Lak,

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Nestle to double processing capacity at southern Vietnam plant

Nestle intends to drop an additional US$100 million on its plant in Vietnam’s Tri An province to double its processing capacity, Vietnam News is reporting. The factory currently processes Vietnamese coffee for export to 29 countries. Notably Nestle is the biggest buyer of coffee in Vietnam, buying up around US$700

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Bloomberg outlines challenges facing Vietnam’s coffee farmers

Up to half of Vietnam’s current coffee farming land may be unusable in 50 years according to Philipp Navratil, global head of Nestle’s coffee strategic business unit, and quoted by Bloomberg. Local farmers are reportedly pulling out coffee plants in favour of more weather resistant crops like avocado and durian. 

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Snapshot: Vietnam’s Coffee Industry, November 2023

Each month the-shiv provides a snapshot of Vietnam’s coffee industry covering the latest developments, key performance indicators, and government data. Business picked up for Vietnam’s coffee producers in November as the coffee harvest entered full swing. Exports topped US$327 a big jump from US$168 million back in October. There were

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Chinese coffee chain opens first Vietnam store in HCMC

China’s Cotti Coffee has opened its first store in Ho Chi Minh City, the World Coffee Portal is reporting. This is in line with a number of international coffee chains looking to enter Vietnam’s consumer coffee market. Data included in the article claims Vietnam to be East Asia’s fifth biggest

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Vietnam coffee exports to fall on smaller crops, higher local demand

Vietnamese farmers are cutting down coffee plants and growing durians and avocados instead, and this, alongside growing local demand for coffee, may see Vietnam’s coffee exports decline, according to Ha Nam, deputy chairman of the Vietnam Coffee Cocoa Association, Bloomberg is reporting. See also: Snapshot: Vietnam’s Coffee Industry, October 2023

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Korean food delivery service to exit Vietnam December 8

A couple of months ago Korea’s Baemin announced it would be scaling back its operations in Vietnam, today it has said it will leave the market altogether, VN Express is reporting.  At the end of the day, it looks like the market was just too competitive and low value. Grab

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Japanese food and beverage firms buys Vietnam dairy company

Vietnam’s New Viet Dairy, an importer, exported, and distributor of speciality dairy and deli products, has been sold to Japan’s Sojitz Corporation, The Investor is reporting. The value of the sale is not disclosed, however, New Viet Dairy reported revenue of US$320 million last year.

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Coffee prices up on increased rain in Vietnam’s coffee belt

The price of January coffee futures in London was up this week after heavy rains in central Vietnam, a key coffee growing region delayed the coffee harvest, Business Recorder is reporting.  Domestic coffee prices in Vietnam this week Dak Lak Lam Dong Date Per Kilo Change Per Kilo Change Date

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Highlands Coffee passes 700 store mark in Q3, 2023

Vietnamese coffee chain, Highlands Coffee, majority owned by Filipino fast food conglomerate Jolibee, extended its network of stores beyond 700 between Vietnam and the Philippines, the World Coffee Portal is reporting. It currently has 43 outlets in the Philippines and 682 stores in Vietnam–making it the biggest coffee chain in

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Coffee prices down on increased supply at start of harvest

Domestic green coffee is down 15 percent compared to its September peak, VN Express is reporting. According to sources quoted in the article this is due to: Farmers holding onto their beans while they wait for prices to rise; It’s the start of the harvest season which means more supply;

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