Vietnam harvested 862,400 tonnes of coffee worth over 3 billion USD in the first half of this year, down more than 8% in volume, but up nearly 40% year-on-year.

The EU's ban on deforestation-linked imports are causing concern among Vietnamese producers as the requirements to trace commodities back to their origin can push up costs and entail finding alternative suppliers.

Vietnamese coffee industry has made steady headway in the international competitiveness rankings with a processing capacity of 2.36 million tonnes per year, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

The coffee industry faces pressure from global uncertainties and rising inflation in major markets after achieving a record export value in the 2021-22 crop year.​