Vietnam expects to export 1.7 million tonnes of coffee this year, earning about US$3.5 billion, said Chairman of the Vietnam Coffee – Cocoa Association (VICOFA) Luong Van Tu.
During a press conference recently held in Hanoi about the second Vietnam Coffee Day 2018, Tu said the global market share of Vietnamese coffee soared from 1% in 1991 to 17% in 2017.
Vietnam is now the world’s second largest exporter of coffee beans and the largest robusta exporter. Coffee export accounts for nearly 10% of the country’s total shipment of agro-forestry-fisheries.
Though the prices of arabica and robusta coffee hit 12-year and five-year low, respectively, processed coffee export is growing strongly, mostly ground and instant coffee.
As many as 2.1 million packets of instant coffee, equivalent to 120,000 tonnes, were shipped abroad during the 2017-2018 crop. The Vietnamese instant coffee is now available in 70 countries and territories worldwide.
There are 20 instant coffee processing plants across the country with a total capacity of 75,280 tonnes per year, not to mention hundreds of small-scale processing facilities with a total capacity of around 70,000 tonnes.
Almost processed coffee products are shipped abroad, many of them are popular and sold in Walmart chain in Chile, Brazil, Mexico and China. Instant coffee is also favoured at home with well-known brands such as Vinacafe, Trung Nguyen, Me Trang, Thang Loi and Minh Tien.
Processed coffee has highly added value with prices of VND70-100 million per tonne compared to VND32-36 million per tonne in coffee beans. However, processed coffee accounts for nearly 10% of the total coffee beans nationwide.
The Ministry of Agriculture and Rural Development forecast that at least 25% of coffee beans will be processed into ground and instant coffee by 2020.
In 2016, the Prime Minister allowed the designation of December 10 as Vietnam Coffee Day and decided to add high-quality coffee into the list of national products.
Following the success of the first Vietnam Coffee Day held in Da Lat city, the Central Highlands province of Lam Dong, the second edition themed “Sustainable Vietnamese coffee development” will take place in Gia Nghia town, the Central Highlands province of Dak Nong from December 9-11.
As many as 33 foreign organisations and firms such as the World Coffee Organisation, the ASEAN Coffee Federation, the Asia Coffee Association and importers from China, Indonesia, Malaysia, Singapore, Thailand, India, Myanmar and Eastern African countries will attend the event.
During the event, an exhibition with 50 stalls will introduce premium coffee products from prestigious businesses and coffee-growing areas.
By 2030, Vietnam aims to rank among the world’s top 40 in the GII; raise total social investment in R&D to at least 2% of GDP, with non-State funding accounting for over 60%; increase international scientific publications by an average of 10% annually; and raise the number of patent applications and granted patents by an average of 16-18% annually.
The State Bank of Vietnam set the daily reference exchange rate at 25,624 VND/USD on October1, down 3 VND from the previous day.
Quang Ninh's GRDP grew 15.04% in the third quarter, also leading the country.
Vietnam needs flexible incentives and specialised green financial instruments, stronger inter-sectoral coordination, improved local governance capacity and a more complete MRV data system, said Ramla Khalidi, Resident Representative of the United Nations Development Programme (UNDP) in Vietnam.
As the country enters a new development phase with greater demands for stronger marine-economy growth, institutional bottlenecks have emerged and need to be addressed.
Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.
Vietnam's Halal exports remain modest at around 900 million USD a year, accounting for less than 1% of the global market. Most exports are still raw agricultural and seafood products. Only around 1,000–1,300 Vietnamese businesses obtained or maintained Halal certification during 2024–2026.
Vietnam needs a comprehensive policy framework to remove legal and procedural bottlenecks and create conditions for offshore wind power projects to access long-term investment capital, helping to unlock the country’s substantial offshore wind potential, said insiders.
Under a decision of the municipal People’s Committee on establishing an inter-agency working group, departments and agencies are responsible for identifying facilities subject to greenhouse gas inventories, developing emissions-reduction plans and studying projects capable of generating carbon credits.
According to data from the Vietnam Customs cited by the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached 478.5 million USD in August, up 4.2% from the same month last year. The eight-month total stood at 3.3 billion USD, representing a year-on-year increase of 12%.
Vietnam is seen as a potential market, with considerable room for growth in real estate, particularly commercial property, compared with some regional markets. Strong Vietnam-Russia ties and opportunities to establish foreign-invested enterprises are also considered favourable for Russian investors.
For 2021-2030, the Civil Aviation Authority of Vietnam proposed bringing forward the investment in a parallel taxiway system and a connecting taxiway north of Runway No. 2 at Phu Quoc International Airport, in order to connect with the aircraft maintenance and repair facility (hangar) planned for the northern area of the airport.
For LNG-fired power to fulfill its role in Vietnam’s energy transition, bottlenecks in institutions, infrastructure, electricity pricing, PPAs, power dispatch and financing must be addressed together.
From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.
As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.
The company will buy non-performing loans from credit institutions and foreign bank branches, recover and dispose of debts and collateral, restructure loans and support lenders in resolving bad debts.
Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.
According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.
Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.
Great reliance on the state budget and conventional bank lending could put considerable pressure on the financial system, making it necessary to develop new and sustainable sources of funding from both domestic and international capital markets.