AsemconnectVietnam - On Monday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area remained unchanged at VND46,000 – 46,400 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND46,400/kg, while traders in Lam Dong province offered the lowest price of VND46,000/kg. Robusta coffee stayed at VND46,000 per kg in Bao Loc, Di Linh, and Lam Ha; at VND46,400- 46,300 per kg in Dak Lak; at VND46,200-46,300 per kg in Dak Nong; at VND46,300 per kg in Kon Tum, and at VND46,200-46,300 per kg in Gia Lai.
The export volume of the 2022-23 crop is also forecast to decrease sharply compared to the previous crop due to little inventory from the 2021-2022 crop.
Việt Nam exported 1.7 million tonnes of coffee in 2022, earning US$3.9 billion. Vietnam's coffee industry needs to solve many challenges to achieve sustainable development, targeting an export value of US$6 billion in 2030.
According to Đỗ Hà Nam, vice chairman of Việt Nam Coffee and Cocoa Association (Vicofa) and chairman of Intimex Group, in the 2022-23 crop, the coffee output is expected to decrease by 10-15 per cent on year to 1.47 million tonnes.The coffee growing area tends to decrease because growers switch to planting other trees with more economic efficiency such as durian and avocado or intercropping in the garden. The export volume of the 2022-23 crop is also forecast to decrease sharply compared to the previous crop due to little inventory from the 2021-2022 crop.
The exchange rate between the Vietnamese đồng and US dollar is fluctuating. That can cause risks, affecting the offered export price.
The coffee industry must have mechanisation in harvesting coffee due to a lack of labour, especially young workers that do not want to work in raw material areas.
Following are domestic Robusta coffee prices on March 20, in Vietnam's Central Highlands: