The coffee industry in Vietnam is thriving, and we have exciting news to share! Mr. Trinh Duc Minh, Chairman of the Buon Ma Thuot Coffee Association, revealed that the country's coffee export target for this year is set to surpass a remarkable $6 billion. What's even more impressive is Vietnam's venture into the specialty coffee market, with local producers now offering premium beans that fetch prices 50-100% higher than the global average.
The tax authorities have been scrutinizing and collecting data on e-commerce business operators, warning of strict action against tax evasion and non-compliance. In the first four months of the year, tax revenues from organizations and individuals engaged in this sector amounted to VND 42.6 trillion.
Dragon Capital, a prominent foreign investment fund, has recently offloaded 250,000 DGC shares, reducing its stake in Duc Giang Chemicals to 6.96% from 7.028%.