Vietnam’s coffee insurance fund established

According to the Vietnam Executive Committee of Cocoa - Coffee Association,  Vietnam’s insurance fund of coffee export will officially work in Oct.2012.

 The fund comes from coffee exporters who will pay 2USD for 1 ton of coffee. The whole fund will be used to cultivate high-yielding new varieties to improve the quality of coffee. Certainly, it will also contribute to the purchase and stock of coffee and promote the coffee trade.

 

Reported by V.H-Translated by K.T