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DAILY: Vietnamese coffee prices fell by 300 VND on March 30 

 Thursday, March 30,2023

AsemconnectVietnam - On Thursday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area fell by 300 VND to VND47,600 – 48,000 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND48,000/kg, while traders in Lam Dong province offered the lowest price of VND47,600 /kg. Robusta coffee decreased to VND47,600 per kg in Bao Loc, Di Linh, and Lam Ha; to VND47,900- 48,000 per kg in Dak Lak; to VND47,800-47,900 per kg in Dak Nong; to VND47,900 per kg in Kon Tum, and to VND47,800-47,900 per kg in Gia Lai.
Trung Nguyen Legend Corporation, part of the well-known Vietnamese coffee maker Trung Nguyen Group, officially opened its representative office in Gangnam district, the Republic of Korea (RoK)’s Seoul capital on March 28.

Speaking at the event, Vietnamese Ambassador to the RoK Nguyen Vu Tung said the opening of Trung Nguyen Legend’s representative office in the RoK is evidence of the close friendship between the two nations.

Huynh Vang Cam Tu, Deputy General Director of Trung Nguyen Group, said over the past decade, Trung Nguyen Legend has spread the Vietnamese coffee culture in the RoK. In 2019, Trung Nguyen Legend officially built a local workforce in this important market, promoting business activities and brand promotion to affirm the value of Buon Ma Thuot robusta coffee beans in premium G7 coffee product lines.

According to her, the RoK is the second market that Trung Nguyen Group chose to open its representative office, behind China.
In its 2021 report, the Korea Institute for International Economic Policy said the RoK is a promising coffee market with an average annual consumption of 2.3kg per person. The RoK is also a coffee-savvy market that leads global trends in coffee consumption and appreciation.

Following are domestic Robusta coffee prices on March 30, in Vietnam's Central Highlands:

District/City

Purchase price

(VND/kg)

Vs, March 29

LAM DONG

 

 

— Bao Loc ROBUSTA

47,600

-300

— Di Linh  ROBUSTA

47,600

-300

— Lam Ha  ROBUSTA

47,600

-300

DAK LAK

 

 

— Cư M'gar  ROBUSTA

48,000

-300

— Ea H'leo  ROBUSTA

47,900

-300

— Buon Ho  ROBUSTA

47,900

-300

GIA LAI

 

 

— Pleiku  ROBUSTA

47,900

-300

— Ia Grai  ROBUSTA

47,900

-300

— Chư Prong  ROBUSTA

47,800

-300

ĐAK NONG

 

 

— Đak R'lap  ROBUSTA

47,800

-300

— Gia Nghia  ROBUSTA

47,900

-300

KON TUM

 

 

— Đak Ha  ROBUSTA

47,900

      -300


T.Huong
Source: Vitic/Kinhtedothi

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