Trung Nguyen set for UAE expansion
One of the biggest coffee chains native to Vietnam is set for some Middle-Eastern expansion.
It has been announced that Trung Nguyen, a popular Southeast Asian entity, will be opening up in the United Arab Emirates, becoming the latest in a long line of businesses hoping to cash in on ever-growing Emirati retail market.
…continue reading Trung Nguyen set for UAE expansion
Coffee thieves strike in Vietnam
“Some families [have been] robbed six times in one month,” said Tran Van Dao, the chairman of the Ea H’Ding Commune.
“In some cases thieves hack off whole branches and their victims have to wait years before their fields fully recover.”
…continue reading Coffee thieves strike in Vietnam
Huge gains predicted for Vietnamese growers
Some fantastic news for the Vietnamese coffee industry has hit the press in the past couple of days: Recently released forecasts expect the country, the world’s largest grower of robusta, to gather a record crop of coffee for the 12 month period leading up to October 2015.
…continue reading Huge gains predicted for Vietnamese growers
Vietnamese stockpiles held back as market rise is predicted
Reports coming out of Vietnam appear to suggest that the majority of coffee farmers in the country are sitting on the smallest reserve of beans for a number of years, despite an impressive growing season.
Reserves were predicted to be around 15% of the total coffee grown and this, combined with a forecasted weaker harvest next time around, could, it is believed, bolster future prices later on down the line Thanhnien News report.
…continue reading Vietnamese stockpiles held back as market rise is predicted
Vietnamese coffee production set to drop
The amount of coffee set to be cultivated and transported to market is set to drop in Vietnam over the course of the coming year.
Vietnam – the largest producer of robusta in the world, and one of the global giants in the coffee industry – is set to record a drop of around 4%, according to estimates gathered from a number of Bloomberg analysts.
…continue reading Vietnamese coffee production set to drop
Vietnam to begin replanting process
Plans are afoot in Vietnam to uproot nearly 100 million coffee trees as part of a replanting initiative. It is a process that will not only limit the amount of coffee that the country can grow, but it will also impact export income over the course of the next few years.
The decision comes at a time when Brazil, the global leader, is in the midst of a problematic harvest caused by a prolonged period of drought that has ravaged plantations in a number of growing regions.
…continue reading Vietnam to begin replanting process
Transportation crackdown in Vietnam could see coffee prices drop
Coffee prices in Vietnam, the second largest producer after Brazil, rose over the weekend to their highest levels in nearly a month as fears surrounding inclement weather systems that are affecting the South American nation.
Prices are moving upwards due to the continuous concerns that a prolonged dry spell will severely reduce the amount of coffee that the world’s largest coffee producer will be able to export.
…continue reading Transportation crackdown in Vietnam could see coffee prices drop
Bad weather in Vietnam could cause coffee headaches
Dire weather in areas of South East Asia has had a negative impact on the production of Vietnamese coffee beans an official said last week.
Vietnam is the world’s largest exporter of robusta beans – the variety of bean that is predominantly used in instant coffee.
There has been a cold snap that, combined with a period of drought, has seen the crop harvested for the 2013-14 period tumble by around 8% when compared to figures available for the 2012-13 season.
…continue reading Bad weather in Vietnam could cause coffee headaches
Canny selling techniques in Vietnam
There is some interesting strategies happening at the moment in the Vietnamese coffee industry.
It’s always nice to learn a little bit about other markets and how they operate to make the most of fluctuating prices.
So what was the story which attracted our attention?
…continue reading Canny selling techniques in Vietnam
Vietnamese baristas to compete in national competition
Making a decent cup of coffee is not simply about boiling the kettle and pouring some hot water over some ground coffee. No siree. The baristas of this world have turned the art of coffee making into a veritable art form. Latte art, signature drinks and technical know-how all go to raise the bar higher than ever. And in Vietnam, the best of the best will be competing to become the champion of the Vietnam Barista Competition later in the month.
What do the participants have to do? They have to make four sets of three categories of coffee drinks, namely espressos and cappuccinos and their own special brew. And they have no longer than a quarter of an hour to complete each drink.
And the prize? Money and the prestige of representing his or her country in the Asia Barista Championship 2012 which is to take place in Singapore, on an expenses-paid trip.
Did you realise that Vietnam is the world’s second largest coffee producer? The first is Brazil. Given the investment in encouraging the local coffee production, the country can hardly be said to be sitting on its laurels either. As well as being a major exporter of coffee, the Vietnamese love to consume the stuff internally too. They are true coffee fanatics.
The competition this month is to take place at the Ho Chi Minh City and will attract many industry experts from all around the world.