Vietnam Coffee Day was held in Hà Nội last weekend, attracting numerous visitors from local coffee shop owners, and manufacturers to large international coffee import-export corporations and associations. The event was not only a chance for visitors to learn more about the domestic coffee industry, but also a place for entrepreneurs to expand networks, find new partners, and solutions to improve production.
A recent survey from Quảng Nam’s provincial tourism association unveiled that 95 per cent of 200 tourism businesses have called for access to bank loans and preferred rates, eased debt payments, tax reductions, human resources and infrastructure investment.
The SBV last week raised the 2022 credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14 per cent, allowing commercial banks to pump an additional VNĐ240 trillion into the economy.
According to VICOFA, as of the end of 2022, Việt Nam exported 1.4 million tonnes of coffee, worth more than US$3.2 billion, contributing to the total export turnover of the country's agricultural, forestry, and fishery products.