Vietnam Coffee & Cocoa Association (Vicofa) on December 5 said that of the 2013-2014 crop, Vietnamese enterprises exported 1.6million tons of coffee, earning US$ 3.3billion, a rise of 17.2 percent in volume and 12.5 percent in value, however the selling price was lower than 3.9 percent.
Besides, the process of coffee products reached 1.2 million tons of its capacity. Eight coffee companies have total capacity of 88,700 tons per year. It is estimated to increase 164,000 tons in 2015.
In order to speed up in the domestic consumption market, Vicofa will work with Food Safety Department under Ministry of Health to build a coffee product standard set for domestic market. The coffee for using in the country accounts for 10 percent.