Business
Dak Lak discusses local coffee industry’s prospects
  • | VNA | March 11, 2013 12:01 PM
The Central Highland province of Dak Lak hosted a March 10 conference as part of its ongoing four-day coffee festival to discuss the local coffee industry’s prospects.
The event, co-organised by the Ministry of Agriculture and Rural Development (MARD) and the Dak Lak provincial People’s Committee, aims to encourage Vietnamese coffee products to join the ranks of value-added goods.

The conference’s domestic and international delegates exchanged views on local and global coffee markets, discussed ways to renovate coffee industry, and shed light on the policies required to ensure sustainable development of the coffee sector.

Vietnam has grown into the world’s second largest coffee exporter over the past two decades. From a coffee planting area of 21,200 ha in 1961, Vietnam has expanded the area to its current 614,500 ha, with an average output of 2.32 tonnes/ha.

Recent years have seen an average annual 1.7 million tonnes of coffee with export earnings of U$3.74 billion. This revenue has helped make the coffee industry an important contributor to the wider agricultural sector’s export turnover.

Many delegates voiced concerns regarding the quality of Vietnamese coffee products, suggesting the local coffee industry should proactively adapt to the repercussions of climate change and improve collaboration with other sectors to secure steady long-term growth.

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