DAILY: Vietnamese coffee prices fell by 300 VND on March 30
Thursday, March 30,2023AsemconnectVietnam - 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
Hanoi’s consumer price index up 2.25% in Q1
Vietnam posts 3.32% GDP growth in Q1
Fertilizer imports fell sharply in first 2 months of 2023
Fertilizer exports fell by 46.6% in turnover in first 2 months of 2023
DAILY: Vietnamese pepper prices remained unchanged on March 29
DAILY: Vietnamese coffee prices fell by 500 VND on March 29
Fruit and vegetable exports surged by 53.1%
Soybean imports decreased in first 2 months of 2023
MoF proposes changes to preferential tax policies
Foreign investment from Asia important to Vietnam: HSBC
CPI increases about 4.2% in first quarter
Reference exchange rate 3 VND
DAILY: Vietnamese coffee prices rose by 400 VND on March 28
Tuna exporters aiming for smaller markets