It can be used in various contexts, for example:
* Expressing appreciation: "Que bueno que viniste!" (How good that you came!)
* Reacting to good news: "Que bueno que te sientes mejor!" (That's good that you're feeling better!)
* Commenting on something enjoyable: "Que bueno está el café!" (This coffee is so good!)
The literal translation is "How good," but it's typically used as a more concise and informal way to express approval.