In the first quarter, Vietnam Coffee Corporation's revenue reached nearly 50%

Published Apr 26, 2025

Tridge summary

In Q1 2025, Vietnam Coffee Corporation saw substantial growth, achieving 49% of its annual revenue and 424% of its profit targets, despite global coffee market challenges from climate change. This success was fueled by high domestic Robusta coffee prices. Looking ahead to Q2, the corporation targets 705 billion VND in revenue and plans to boost its brand through digital platforms, expand distribution channels, and engage in international fairs, especially in China. The company aims to diversify its product range and enter new markets to enhance the Vietnam Coffee brand's competitiveness, with a long-term goal of double-digit growth from 2026 to 2030.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On April 25, in Dak Lak, Vietnam Coffee Corporation held a conference to review the first quarter's work and deploy tasks and directions for operations in the second quarter of 2025. The conference was attended by leaders of 36 member companies of Vietnam Coffee Corporation. Speaking at the conference, Mr. Dang Hong Tuan, General Director of Vietnam Coffee Corporation, said that in the first quarter of 2025, the global coffee market witnessed strong fluctuations in prices due to the impact of climate change, causing a sharp decrease in coffee supply in major producing countries. In Vietnam alone, dry weather also affected the quality and yield of the harvest. Therefore, the global coffee market continues to face the risk of supply shortage, especially Robusta coffee, Vietnam's main product. This is also the driving force behind the stable domestic and world Robusta coffee prices at high levels since last year. Domestic coffee prices in the first quarter of 2025 fluctuated at ...

Source: Agriculture