Real Bean Coffee, Trung Nguyen Legend and Lamant Coffee won the gold, silver and bronze prizes at the first Vietpresso Contest held in Ho Chi Minh City last week.
HCM City (VNA) - Real Bean Coffee, Trung Nguyen Legend and LamantCoffee won the gold, silver and bronze prizes at the first Vietpresso Contestheld in Ho Chi Minh City last week.
Organised by Central Retail Vietnam together with 15 prestigious coffee brandsand shops on the sidelines of Vietnam Foodexpo 2019, the competition sought toadd value to Vietnamese coffee brands so that more higher-value coffee productscan be exported instead of raw materials.
Ta Hoang Linh, Director of the Ministry of Industry and Trade’s Europe -America market department, said while Vietnam leads the world in robusta coffeeexports, the value is not commensurate.
Last year, Vietnam exported 1.88 million tonnes of coffee worth 3.5 billion USD,an increase of 20 percent in volume but only 1 percent in value.
The VietPresso contest was organised to select some of the best quality coffeeproducts for promoting in European countries during the Vietnam coffeepromotion programme next year, he said./.
Vietnamese and Chinese agricultural bodies have co-organised a forum highlighting the cooperation between enterprises from the two countries in tea and coffee production and distribution.
The Trung Nguyen group, Vietnam’s famous coffee business, plans to open 3,000 E-Coffee shops by 2020, before bringing the franchise chain to overseas market.
The Ministry of Industry and Trade (MoIT) has said that improving product quality and brand development are key for coffee export growth as coffee exports dropped in both volume and turnover in the first nine months of this year.
The Vietnam International Food Industry Exhibition 2019 (Vietnam Foodexpo 2019) opened at Saigon Exhibition and Convention Centre in Ho Chi Minh City on November 13, drawing the participation of more than 450 domestic and foreign enterprises from 23 countries and territories worldwide.
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
At the event (Photo: Central Retail Vietnam) 
