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VietNamNews

Viet Nam, Indonesia to stabilise coffee output

Update: May, 09/2015 - 08:57
Viet Nam has a total coffee cultivation area of 614,545 hectares, with 92 per cent of cultivation areas located in the Central Highlands. — Photo bizlive

HA NOI (VNS)— Coffee markets in Vietnam and Indonesia will flourish with the recent signing of a Memorandum of Understanding (MoU) between the Vietnam Coffee-Cocoa Association (VICOFA) and the Association of Indonesian Coffee Exporters and Industries (AEKI).

Accordingly, the two nations will foster information exchanges on coffee prices in the two markets, while sharing sustainable, modern cultivating techniques to increase coffee productivity and profit, VICOFA Vice Chairman Do Ha Nam said.

Viet Nam has a total coffee cultivation area of 614,545 hectares, with 92 per cent of cultivation areas located in the Central Highlands. Each year the country exports 1 million tonnes of coffee beans, generating an export turnover of more than US$3.4 billion. — VNS

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