Vietnam will reduce its coffee acreage to 460,000 hectares in 2010 from current 492,000 hectares, local newspaper Vietnam Economic Times reported Tuesday.
However, it will increase the arabica coffee acreage to 30,000 hectares from 20,000 hectares now, the paper quoted the Cultivation Department under the Vietnamese Ministry of Agriculture and Rural Development as reporting.
Vietnam is expected to produce 920,000 tons of coffee beans in 2010, up from estimated 767,700 tons in 2007, of which 800,000 tons valued at over one billion U.S. dollars will be exported.
Vietnam, the world's second biggest coffee exporter after Brazil, shipped abroad 940,000 tons of coffee worth nearly 1.5 billion dollars in the first eight months of this year, posting respective year-on-year surges of 47.3 percent and 90.7 percent, according to the country's General Statistics Office.
Source: Xinhua
|