Foreign firms earn $420 mln from Q1 coffee exports
Foreign-invested enterprises (FIEs) in Vietnam earned $419.8 million from exporting coffee in the first quarter of this year, up 3.7% year-on-year, according to customs data.
Foreign-invested enterprises (FIEs) in Vietnam earned $419.8 million from exporting coffee in the first quarter of this year, up 3.7% year-on-year, according to customs data.
Coffee prices in Vietnam have experienced a gradual incline in tandem with the global trend, but the stocks of local coffee producers have remained stagnant, displaying limited liquidity, extended periods of inactivity.
Coffee industry earns $1.6 billion in first half of 2020