AsemconnectVietnam - On Thursday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 900 VND to VND51,800 – 52,600 per kg compared to Yesterday, according to Kinhtedothi.com.

Cư M'gar of Dak Lak provided the maximum price of VND52,600/kg, while traders in Lam Dong province offered the lowest price of VND51,800/kg. Robusta coffee rose to VND51,800 per kg in Bao Loc, Di Linh, and Lam Ha; to VND52,500- 52,600 per kg in Dak Lak; to VND52,400-52,500 per kg in Dak Nong; to VND52,500 per kg in Kon Tum, and to VND52,300-52,400 per kg in Gia Lai.
The tight supply while the high demand after the holiday caused many traders to buy goods at high prices to deliver the signed contracts, pushing up the domestic price of green coffee yesterday.
The coffee industry of Vietnam is working to increase the value of raw coffee exports as low added value still makes up the majority of the product that is shipped overseas.
Vietnam is home to more than 710,000ha of coffee plants, generating 2.8 tonnes of beans per ha and over 1.84 million tonnes in total. The certified area in the Central Highlands, the coffee cultivation centre of the country, topped 184,000ha in 2022, accounting for 28.2% of the region’s total coffee area.
In 2022, Vietnam exported 1.78 million tonnes of coffee worth over 4.06 billion USD, the highest in more than a decade.
However, as raw coffee makes up the majority of export, this commodity’s added value remains modest.
To sustainably develop and raise the value of the coffee industry, the Ministry of Agriculture and Rural Development (MARD) has issued many plans and projects. Among them, a programme on coffee recultivation in the Central Highlands during the 2014 - 2020 period has proved effective as hundreds of thousands of hectares of coffee has been regrown to boost both productivity and quality and, subsequently, farmers’ income.
Another important measure is to form production chains, from developing material supplying zones, purchasing input materials, transferring production techniques, to signing sale contracts.
Aside from new cultivation measures, investment in intensive processing, market expansion, and brand protection are necessary to increase the value of Vietnamese coffee, according to insiders.
The coffee sector is also striving to apply international standards and align national standards accordingly, which is considered a focal task amid intensive economic integration into the world.
Not only foreign businesses but major domestic firms like Vinacafe, An Thai, G7, and Vinh Hiep have also equipped themselves with moden processing technology to produce high-quality products serving domestic consumption and exports.
Following are domestic Robusta coffee prices on May 4, in Vietnam's Central Highlands:


T.Huong
Source: Vitic/kinhtedothi