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Vietnamese people's spending on coffee on the rise

by VTV427 February 2023 Last updated at 09:59 AM

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Vietnamese people's spending on coffee on the rise
VTV.vn - Coffee shops have long been popular hang-out spots for Vietnam young people.

In recent years, the prices of drinks at cafes have become more and more expensive, with some even costing up to 6 USD a cup.

Despite this, cafes continue to rise in popularity. So how many times a month do Vietnamese people buy coffee at these shops? And how much do they pay for a cup of coffee? Let's find out in the following story.

Vietnamese people's spending on coffee on the riseVietnamese people's spending on coffee on the rise

As the second largest coffee producer and exporter in the world, Vietnam has huge potential for investment from big coffee brands. With a growth rate of 7.9%, the market is expected to be valued at 495 million USD this year, and 665 million USD by 2027.