EP 1304 Thai Dang - Coffee Market Volatility in Vietnam - The Daily Coffee Pro Podcast by Map It Forward

Join our Mailing List - https://www.mapitforward.coffee/mailinglist"Introduction to Regenerative Coffee Farming" is now available On-Demand for as little as $10 - https://mapitforward.coffee/workshops "Biochar for Coffee" is open for pre-registration - https://mapitforward.coffee/workshops "It's Time to Become a Coffee Consultant" is available now with additional new bonus material, including the coffee consultant career map. Get more details on how you can create an alternative revenue stream today at https://mapitforward.coffee/workshops Looking for business advisors or consultants for your business? Get in touch with us here: [email protected]••••••••••••••••••••••••••••••••This is the 4th episode in a 5-part series on The Daily Coffee Pro Podcast by Map It Forward hosted by Lee Safar.In this series, our guest on the podcast is Thai Dang from 96B Cafe and Roastery in Ho Chi Minh City, Vietnam. We're exploring Vietnam's specialty coffee supply chain.The 5 episodes in this series are:1. Vietnamese Specialty Coffee - https://youtu.be/e5LsTJ6CEvg2. Vietnam Is An Emerging Specialty Coffee Market - https://youtu.be/PbIx1m7YdLA3. Trading Vietnamese Specialty Coffee - https://youtu.be/hptWON6CRD04. Coffee Market Volatility in Vietnam - https://youtu.be/S0nMpulFGOc5. The Vietnamese Coffee Consumer - https://youtu.be/Sgh3LZcL0EoIn this episode of The Daily Coffee Pro by Map It Forward, Lee and Thai discuss the significant challenges facing the Vietnamese specialty coffee industry, including severe droughts impacting the Central Highlands, thefts of coffee crops, and the rising market volatility.The discussion covers the misconceptions about coffee hoarding, governmental advice to farmers on maintaining steady sales, and the impact of weather conditions like frost on coffee production in various regions of Vietnam.Thai Dang also shares insights into how specialty coffee business owners are navigating the current market landscape, including diversification strategies involving different varieties like Arabica, Robusta, and Liberica. Stay tuned for an in-depth look at how Vietnam's coffee value chain is adapting to these challenges.00:00 Impact of Drought on Vietnamese Coffee Farms00:19 Introduction to the Episode and Sponsor00:57 Specialty Coffee Market in Vietnam01:21 Challenges Faced by Coffee Producers02:32 Security Concerns for Coffee Farmers05:36 Government Initiatives and Agroforestry07:55 Frost Impact on Northern Vietnam Coffee11:01 Market Volatility and Business Strategies15:13 Diversification in Vietnamese Coffee20:03 Industry Challenges and Future Outlook30:05 Conclusion and Final ThoughtsConnect with Thai Dang and 96B Cafe and Roastery here:• https://www.96b.co/• https://www.instagram.com/96B.cafe.roastery/• https://www.facebook.com/96Bexperiment/••••••••••••••••••••••••••••••••Connect with Map It Forward here: Website | Instagram | Mailinglist💡Support this podcast on Patreon here: https://www.patreon.com/mapitforward📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW🎙 Check out the audio version of our podcast here: Apple Podcasts | Spotify🧐 Find out more about Map It Forward Mastermind Groups here: https://mapitforward.coffee/groupcoachingLooking for a business advisor for your established coffee business or startup? Email us here:📧 email: [email protected]