Today, November 2nd, there is no reference price on the exchange, and domestic coffee prices are temporarily averaging 116,800 VND/kg, up 500 VND/kg from last week.
Global Coffee Prices Decline
Meanwhile, global coffee prices saw an opposite trend last week.
Robusta futures for January 2026 reached $4,540/ton, up $17/ton, while Arabica futures for December 2025 dropped $240/ton to $8,640/ton.
Compared to the same period last year, domestic coffee prices are performing better, especially for Arabica. Arabica is a type of coffee that farmers find challenging to dry and store for gradual sale like Robusta. Instead, farmers primarily sell it fresh, with agents handling processing and drying.
Thus, when global Arabica prices peaked in February and March 2025, most Vietnamese farmers could only regret not having any stock left.
Arabica Coffee from Son La
Son La Arabica Flourishes
Speaking with Bao Nguoi Lao Dong, Mr. Vuong Van Hai, Chairman of the Son La Coffee Association, stated that fresh coffee prices in the region are at an all-time high of 30,000 VND/kg, up 50% from the same period last year.
In terms of processed coffee beans, Son La Arabica is priced at 195,000 VND/kg.
According to Mr. Hai, the coffee harvest in Son La began in September and is currently at its peak. Unprecedentedly, coffee picking wages have surged from 250-300 VND/kg to double that amount. Skilled pickers can now earn up to 1 million VND/day.
“Coffee picking incomes are so high that freelance workers, such as restaurant staff, are flocking to pick coffee. Even contracted workers are taking leave, and some are quitting their jobs to capitalize on the high earnings during the harvest season,” Mr. Hai noted.
Mr. Hai added that Son La currently has approximately 30,000 hectares of coffee, making it the largest Arabica coffee region in the country. This year’s yield ranges from 10 to 15 tons of fresh coffee per hectare, providing farmers with good income and a clear trend toward expanding cultivation areas.
Vietnam’s International Financial Center Set to Launch Operations This Month
The Prime Minister emphasized this directive while concluding the Conference on the Establishment of an International Financial Center in Vietnam, held on the morning of November 1st. The conference was conducted via teleconference, connecting participants from the UK, the Czech Republic, Hong Kong (China), and Indonesia.
CC1 Q3 2025 Revenue Surges Over 11%, Key Projects Nearing Completion
The consolidated financial report for Q3-2025 of Construction Corporation No. 1 – JSC (UPCoM: CC1) reveals a net revenue of VND 2,519 billion, marking an 11.5% increase compared to the same period in 2024. This growth underscores the company’s robust operational foundation and exceptional execution capabilities across numerous nationally significant projects.
As of November 1st, Transactions Over 500 Million VND Must Be Reported to the Anti-Money Laundering Agency
As of November 1, 2025, under Circular 27/2025 issued by the State Bank of Vietnam, all financial transactions exceeding 500 million VND or its equivalent must be declared. This regulation aims to enhance financial transparency and combat money laundering activities.
Russian Media: Astonished by Vietnam’s Remarkable Achievements!
Western institutions widely share this perspective: Vietnam is truly making a significant impact and surpassing expectations.
Prime Minister: International Financial Center Must Commence Operations by November
Prime Minister Pham Minh Chinh has directed all relevant ministries and agencies to finalize the necessary decrees for the official launch of Vietnam’s International Financial Center in November. The center will operate under a unique “one center – two destinations” model, strategically located in Ho Chi Minh City and Da Nang.
