Kopitiam 50 cents coffee 2022

The market share of Vietnamese coffee in Spain's total imports from the global market accounted for 30.16 per cent in 2022. — Photo laodong.vn Viet Nam was Spain's largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million euros (US$287 million), up 21.6 per cent in volume and 78.9 per cent in value against 2021. The Ministry of Industry and Trade (MoIT)'s Import-Export Department cited statistics from the Statistical Office of the European Communities (EUROSTAT) as saying that the market share of Vietnamese coffee in Spain's total imports from the global market accounted for 30.16 per cent in 2022. Statistics compiled by the department indicate that Viet Nam exported 342,300 tonnes of coffee in the first two months of the year, earning $745.28 million, down 7 per cent in volume and 9.5 per cent in value year-on-year. In February alone, the country shipped abroad over 200,000 tonnes of coffee worth $434.9 million to foreign markets, up 40.3 per cent … [Read more...] about Viet Nam posts 78.9 per cent growth in coffee export value to Spain

Experts have advised Vietnamese enterprises to boost coffee exports to the Netherlands which is considered the gateway into the European market. — VNA/VNS Photo Viet Nam exported 7,420 tonnes of coffee worth US$18.77 million to the Netherlands in the first two months of the year, up 93.1 per cent in volume and 105.7 per cent in value year on year, according to the General Department of Viet Nam Customs. The average export price of Vietnamese coffee to the market also rose by 5.7 per cent to $2,517 per tonne from one year ago. In February alone, the country shipped 4,100 tonnes of coffee worth $10.11 million to the Netherlands, up 110.3 per cent in volume and 136.6 per cent in value compared to February 2022. Last year, the major suppliers of coffee to the Netherlands were mainly from the intra-EU market, including Belgium, Germany, France, Finland, and Italy. Meanwhile, Dutch coffee imports from non-EU markets also enjoyed double-digit growth, with Viet Nam becoming the … [Read more...] about Coffee exports to Netherlands enjoy triple-digit growth

GIA LAI -- Bitter and earthy. Fit for instant brews only. Robusta coffee has a dire reputation, but a small group of farmers in Vietnam is trying to turn the bean's fortunes around as a warming world threatens the industry. As an interior designer in trendy Ho Chi Minh City, Tran Thi Bich Ngoc, 42, largely stayed clear of Vietnamese coffee, puzzling over why it didn't taste as good as cups from abroad. Now, nearly a decade later, she runs her own coffee farm -- "Mori" -- in the remote Central Highlands, cultivating robusta she believes can match the world's favourite bean, arabica, in quality and flavour. "My beans have a fruity, flowery smell, and they taste strong -- but in a gentle way," Ngoc told AFP at her farm close to the city of Pleiku, in the heart of the Vietnamese robusta region. "Vietnamese farmers need to know it is possible to make these beans taste good." 'Vicious circle of bad quality' Long scorned by giants such as Starbucks, robusta -- which has … [Read more...] about Vietnam’s robusta: the go-to coffee bean in a warmer world?

The Ministry of Industry and Trade cited statistics of the Statistical Office of the Eu ropean Communities as saying that the market share of Vietnamese coffee in Spain's total imports from the global market accounted for over 30% in 2022. Vietnam exported over 342,000 tonnes of coffee in the first two months of the year, earning 745 million USD, down 7% in volume and 9.5 percent in value year-on-year. Spain is the 8th largest trading partner of Vietnam in the EU, and the 8th biggest importer of Vietnamese goods. Last year, two-way trade between Vietnam and Spain hit 3.54 billion USD, 13% higher than that recorded in 2021. This was the highest growth rate ever. The two countries have witnessed the sound development of bilateral relations and there is a bright prospect for the two sides to further expand their relationship, especially in economic, trade, and investment cooperation. Spain's coffee sector is forecast to grow by 6.84% in the 2022-2025 period, … [Read more...] about Vietnam posts growth in coffee export value to Spain

Illustrative photo (Source: VNA) Hanoi (VNA) - Vietnam exported 7,420 tonnes of coffee worth 18.77 million USD to the Netherlands in the first two months of the year, up 93.1% in volume and 105.7% in value year on year, according to the General Department of Vietnam Customs. The average export price of Vietnamese coffee to the market also rose by 5.7% to 2,517 USD per tonne from one year ago. In February alone, the country shipped 4,100 tonnes of coffee for 10.11 million USD to the Netherlands, up 110.3% in volume and 136.6% in value compared to February 2022. Last year, the major suppliers of coffee to the Netherlands were mainly from the intra-EU market , including Belgium, Germany, France, Finland, and Italy. Meanwhile, Dutch coffee imports from non-EU markets also enjoyed double-digit growth, with Vietnam becoming the second largest foreign supplier. Experts have advised Vietnamese enterprises to boost coffee exports to the Netherlands which is considered the … [Read more...] about Coffee exports to Netherlands enjoy three-digit growth

Ho Chi Minh City’s ongoing traffic difficulties only worsened in 2022, with traffic jams turning more serious and several new congestion hotspots recorded, according to Nguyen Thanh Loi, deputy head of the municipal traffic safety committee. In addition to increasingly serious congestion, the number of traffic accidents in the city also rose compared to 2021, Loi added. New congestion hotspots In 2022, traffic jams were commonplace near Tan Son Nhat International Airport in Tan Binh District and Cat Lai Port in Thu Duc City, the official elaborated. Congestion occurs on a route leading to Tan Son Nhat Airport in Ho Chi Minh City. Photo: Chau Tuan / Tuoi Tre In addition, gateway routes into and out of Ho Chi Minh City such as National Highway No.1, the Ho Chi Minh City - Long Thanh - Dau Giay Expressway, and the Ho Chi Minh City - Trung Luong Expressway were often overloaded during peak hours. Six new congestion locations were recorded in the city last year, … [Read more...] about Ho Chi Minh City records 6 new congestion hotspots in 2022

An array of activities will be held in Hanoi, Hue, Da Nang, and Ho Chi Minh City from this month to mark the 50th anniversary of diplomatic relations between France and Vietnam. French Consul General in Ho Chi Minh City Emmanuelle Pavillon-Grosser said that 2023 is a very special year that marks 50 years of diplomatic ties and 10 years of strategic partnership between Vietnam and France. This is also an opportunity for the two countries to look back on the significance of the France-Vietnam partnership, by organizing numerous events throughout the year in various fields. A variety of engaging events such as exhibitions, performances, concerts, fashion shows, cuisine festivals, and more will be launched by the French Embassy in Vietnam, the Consulate General of France in Ho Chi Minh City, the French Institute in Vietnam, and many French and Vietnamese partners across the Southeast Asian country. Hanoi In Hanoi, about 20 photography exhibitions and events will be rolled out. … [Read more...] about Series of events to celebrate 50 years of France-Vietnam diplomatic ties

As many as 52 large firms of the Unite States, including Boeing, Coca Cola, SpaceX, Netflix, and Apple, have come to Vietnam to seek cooperation opportunities in various fields. Representatives of the US - ASEAN Business Council and US firms at a working session with the Ministry of Planning and Investment. This is the largest US business delegation ever to come to Vietnam at a time when the two countries are celebrating 10 years of their comprehensive partnership. The trip is to show US businesses’ commitment to investing in Vietnam, said Marc Knapper, Ambassador of the US to Vietnam, at a press briefing on March 21. According to the diplomat, Vietnam is a potential market with many business opportunities, especially when bilateral relations are developing positively, with their trade expanding vigorously over the years. Sharing the view, Ted Osius, president & CEO of the US-ASEAN Business Council (USABC), noted US firms have a greater interest … [Read more...] about More than 50 US firms sound out investment opportunities in Vietnam

The information comes from Generali Vietnam’s latest release issued March 16, citing that at a meeting chaired by president Andrea Sironi, the Assicurazioni Generali Board of Directors approved the consolidated financial statements and the parent company’s draft financial statements for the year 2022. Along with this, the group’s gross written premiums rose by 1.5 per cent to $86.7 billion, thanks to the positive performance of the Property and Casualty (P&C) segment, led by the non-motor line. Generali Vietnam has contributed to the group’s performance with strong growth after 12 years of operation The operating result climbed by 11.2 per cent to reach $6.89 billion, thanks to positive growth in the Life, P&C, and Holdings and other businesses segments. The Life segment grew strongly by 25.1 per cent to reach $3.73 billion, reflecting excellent technical profitability, which was also confirmed by the new business margin at 5.35 per cent – up 0.86 … [Read more...] about Generali Group touts best-ever operating results in 2022

Final assembly of the gas turbine. — Photo baodautu.vn Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd (MHI), captured the top market share by megawatts in 2022 with a global gas turbine market share of 33 per cent according to McCoy Power Reports data. The company has also secured 49 per cent market share in the Advanced Class gas turbine market, led by Mitsubishi Power’s latest model JAC (J-Series Air-Cooled) gas turbines. This is one of the most advanced turbines in the market, contributing towards reducing air pollution, but still be able to ensure proper electricity production which is essential to overall global economic development, especially when Viet Nam and many nations in the world are accelerating the transition to clean energy. Mitsubishi Power's high market share results are attributed to its strong project execution track record, high performance, and product reliability. Mitsubishi Power has extensive experience with large frame … [Read more...] about Mitsubishi Power achieves No 1 global gas turbine market share in 2022