Vietnam’s Robusta coffee exports to Japan earn over US$218.87 million

Monday, 25/09/2023 18:15
In the initial eight months of 2023, Vietnam’s Robusta coffee exports to the Japanese market witnessed a double-digit growth rate compared to the same period from last year, Radio the Voice of Vietnam quoted the statistics from the General Department of Vietnam Customs.
Vietnamese Robusta coffee exports to Japan record double-digit growth (Photo: VOV)

August alone saw the nation export 9,100 tonnes of coffee worth US$28.51 million to Japan, a drop of 3.1% in volume and 2.3% in value compared to the previous month, but up 6.5% in volume and 37.6% in value against the same period last year.

Vietnamese coffee exports to the Japanese market in the opening eight months of the year reached 78,730 tonnes worth US$218.87 million, representing a rise of 1.1% in volume and 11.6% in value compared to last year's corresponding period from.

The average export price of Vietnamese coffee to the East Asian nation during the eight-month period surged 10.4% to US$2,780 per tonne on-year.

Most notably, the proportion of Robusta coffee as part of total export turnover to the Japanese market increased from 66.51% in the reviewed period last year to 69.1% in the same period this year. Similarly, the proportion of processed coffee exports also rose from 23.13% last year to 24.57% this year.

In contrast, the proportion of Arabica coffee exports to Japan decreased from 10.36% in the first eight months of last year to 6.34% in this year's same period.

According to statistics released by the International Trade Center, Japan imported approximately 207,400 tonnes of coffee worth US$873 million during the seven-month period, down 19.1% in volume and 20.4% in value compared to the same period from last year.

Experts attributed Japan's reduction in coffee imports to economic recession and high inflation, adding that there remains a positive outlook ahead for coffee exports to the market as Japan began to increase coffee imports again in July.

Local businesses are therefore advised to comply with the stringent phytosanitary requirements to make further inroads into the demanding market.

Vietnamese photographer honoured at International Photography Awards 2023

Vietnamese photographer Tran Viet Van from Lao Dong (Labour) newspaper was among those winning the Honorable Mentions given out by the 20th International Photography Awards (IPA) 2023 of the US, according to the Vietnam News Agency.

Van’s entry, which comprises nine colour photos themed “Nhip dap thoi gian” (The rhythm of time), was honoured in the category of press photos at the event, which attracted over 15,000 entries from 120 countries worldwide. His photos show the daily life and activities of Cuban people in Old Havana and Trinidad during his visit to the Latin American country in November 2022.

A photo in Van's entry themed "Nhip dap thoi gian” (The rhythm of time)

Some photos in this series have previously received an honorable mention in the press photo category at the World Master of Photography Awards in Austria, and a third prize at the Pink Lady Food Photographer of the Year in the UK - the world's leading award recognising the art and diversity of food photography. 

Excellent works in the categories of people, wildlife, nature, advertising, and press, were selected by esteemed photography experts from the US, the UK, France, Germany, and Italy, for exhibitions and publication in books. The winning photographers in these categories come from the US, the UK, China, and Poland.

Winners of the most prestigious awards “Photographer of the Year (Professional) and Discovery of the Year (Amateur / Student) will be announced in late October.

Van started taking pictures in 1998 and has so far won over 80 international photo prizes. He has also worked as a judge at many film festivals and photo contests in Vietnam.

Vietnam secures first silver medal at ASIAD 2023

Shooter Ngo Huu Vuong secured the first silver medal for Vietnam at the 19th Asian Games (ASIAD 2023) in Hangzhou city of China's Zhejiang province on September 25, said the Vietnam News Agency.

Vuong finished second in the men’s 10m air rifle running target category with 571 points, surpassing his own achievements in the last ASIAD which took place in Indonesia when he bagged a bronze medal.

Shooter Ngo Huu Vuong (second from right) and Vietnamese coaches at ASIAD 2023.
(Photo: VNA)

Dwi Putra of Indonesia won the gold medal in this category with 578 points while Jeong You Jin of the Republic of Korea brought home the bronze medal after defeating Vietnamese athlete Nguyen Tuan Anh in the shoot-off round.

Also on September 25 - the last rowing competition of ASIAD 2023, Vietnamese rowers bagged two more bronze medals.

In the women’s eight event, Dinh Thi Hao, Du Thi Bong, Ha Thi Vui, Ho Thi Ly, Le Thi Hien, Pham Thi Hue, Pham Thi Ngoc Anh and Tran Thi Kiet finished third with a time of 6 minutes 48.21 seconds. The gold medal was claimed by the host country's rowers with a time of 6:33.61, while Japanese athletes took the silver with a time of 6 minutes and 44.15 seconds.

Vietnamese athletes secure two more bronze medals in rowing on September 25. (Photo: VNA)

The bronze medal for Vietnam was earned in the women's quadruple event. Bui Thi Thu Hien, Luong Thi Thao, Nguyen Thi Giang, and Pham Thi Thao came third in this category with a time of 6 minutes and 54.84 seconds. The gold medal was secured by China, with a time of 6 minutes and 42.84 seconds, while Iran took the silver with a time of 6 minutes and 51.82 seconds.

FIEs post trade surplus of nearly US$34 billion by mid-September

Foreign-invested enterprises (FIEs) racked up a trade surplus exceeding nearly US$34 billion from the beginning of the year to September 15, Radio the Voice of Vietnam quoted the latest preliminary statistics by the General Department of Vietnam Customs.

Specifically, FIEs’ total import-export turnover throughout the reviewed period dropped by 12.3% to US$320.01 billion compared to the same period from last year.

The first half of September saw FIEs rake in US$10.59 billion from exports, down 18.7%, equivalent to a decrease of US$2.44 billion compared to the second half of August.

FIEs post trade surplus of nearly US$34 billion by mid-September – Photo for illustration
(Source: VOV)

By the end of September 15, FIEs’ total export turnover had reached US$176.99 billion, representing a fall of 9.3% compared to the same period from last year, and duly accounting for 73% of the country's total export turnover with key export products including phones, computers, along with garments and textiles.

In contrast, FIEs’ imports in the first half of September fell by 6.5% to US$8.9 billion compared to the second half of August.

FIEs’ total import turnover by mid-September had declined 15.8% to US$143 billion on-year, accounting for US$64 million of the country's total import turnover./.

Compiled by BTA

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