coffee

HANOI — Vietnam is aiming to increase its exports of roasted and instant coffee to between US$5 billion and US$6 billion by 2030, as part of broader efforts to expand its processed coffee market and shift up the global value chain, Vietnam News Agency (VNA) reported.

According to the Vietnam Coffee and Cocoa Association (VICOFA), the country is intensifying its focus on value-added coffee products to boost overall coffee export earnings to between US$8 billion and US$10 billion by 2025.

Rising global coffee prices over the past 30 years have encouraged businesses to invest more heavily in processing technology and infrastructure.

Both foreign-invested and local firms are accelerating expansion.

Nestlé Vietnam, for example, announced in April a VN$1.9 trillion (US$73 million) investment to expand its Tri An factory in Dong Nai, pushing its total investment in Vietnam beyond VN$20 trillion.

Trung Nguyen Legend Group also broke ground on a new VN$2 trillion coffee factory in Buon Ma Thuot, Dak Lak province.

This marks the group’s fifth factory in Vietnam and second in the Central Highlands region.

Highlands Coffee recently launched a roasting facility in Ba Ria-Vung Tau with an annual capacity of 75,000 tonnes, using German technology and meeting international standards.

Meanwhile, Phuc Sinh Joint Stock Company plans to construct a VN$500 billion processing plant aimed at serving high-end markets in Europe and Japan by 2026.

Intimex Group, among the top three coffee exporters in Vietnam, has fully commissioned its instant coffee plant in Binh Duong, producing 4,000 tonnes per year. A second phase is planned to double capacity to 8,000 tonnes.

In 2024, Vietnam’s processed coffee exports reached US$1.18 billion. Processed coffee ranked second only to Robusta, which brought in US$4.18 billion in export value. — BERNAMA-VNA