Coffee exports show big potential
HA NOI
(VNS) - With its huge export potential, Viet Nam could become the world's
leading coffee supplier within a few years if it could overcome its
shortcomings, trade experts have said.
The latest report from the Ministry of Agriculture and Rural
Development has revealed that the country had exported 1.12 million tonnes of
coffee over the past seven months and generated a turnover of US$2.31
billion.
The exports represented a year-on-year increase of 26.9 per
cent in volume and 21.9 per cent in value, the report said, adding that
Coffee was now one of the nation's most important agricultural
products and the local coffee sector mainly focused on export with quantity
of 95 per cent of its output, according to the National Export Potential
Assessment Report, which was released by the Trade Promotion Agency late last
week.
Despite enjoying such advantages as a favourable climate, low
production costs and a bumper coffee crop, the quality of Vietnamese coffee
products remained low due to outdated harvesting technology and poor
processing facilities.
Lack of brand recognition and the limited marketing skills of
exporters were some of the other problems, resulting in lower export prices
of Vietnamese coffee as compared with the world's average.
Nevertheless, thanks to a firm foothold in the global market,
Technological innovation
In order to utilise this potential effectively, the coffee
sector needed to improve its production chain and distribution networks, from
producing, processing to marketing processes, in order to increase its export
value, experts suggested.
Nguyen Thi Thu Hang, senior technical consultant at the Export
Potential Assessment (EPA), emphasised on the importance of improving product
quality with a focus on investing in research, post-harvests, preservation
and processing technology.
Besides applying sustainable standards for coffee production,
it was also necessary for the sector to provide hi-quality products for niche
markets in spite of low consumption, she said.
Ngo Quang My, another consultant at EPA, called on the State's
support policies in producing, processing and enhancing the quality as well
as innovating technology and marketing Vietnamese coffee products.
He also suggested that firms involved in the sector should
forge closer links and accelerate their co-operation.
EPA is first major activity of the four-year
"Decentralised Trade Support Services for Strengthening the
International Competitiveness of Vietnamese Small and Medium-sized
Enterprises" programme, being implemented nationally by the Trade
Promotion Agency. - VNS
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Thứ Ba, 5 tháng 8, 2014
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