Decree 15, which aims to ensure the food safety of imported food products, s problems for the cashew industry, particularly for companies importing raw cashew from Africa, a seminar heard in Bình Dương Province on Monday.
Exports of cashews were up 22.9 per cent in volume and 21.8 per cent in turnover year-on-year, according to the General Department of Customs, with an average price per tonne of US$5,706.
Protecting the Bình Phước Cashew brand, which has been protected in terms of the specific growing area, also contributes to the sustainable development of the nut processing and business industry in the province.
Cambodia exported 667,000 tonnes of raw cashew nuts to Việt Nam in the first five months of this year, an increase of 37 per cent over the same period last year.
Cashew processing businesses have in recent years invested in modern machinery and equipment for intensive processing and adding more value to their products, according to insiders.
Prolonged hot weather has caused cashew trees in Bình Phước Province to wilt at a time when prices of the nut are also low, causing farmers severe losses.
A report from the Ministry of Agriculture and Rural Development said that the total cashew planting area in the country reached an estimated 314,000ha in 2023, down 8,300ha compared to 2022. Of which, the area under cultivation was 300,000ha, producing over 345,000 tonnes...
The 13th VINACAS Golden Cashew Rendezvous to be held from February 26 to 28 in Quảng Bình Province’s Đồng Hới City will seek to redefine the global supply chain after Covid and this year’s economic downturn, according to the Việt...
Foreign consumers would spend more at the end of the year despite economic difficulties. Therefore, the cashew industry expected exports to increase even more strongly in the last months of the year.
With exports expected to remain mired in difficulties for the rest of the year, the cashew industry has lowered its export target for this year to US$3.05 billion, $50 million and $750 million below its own previous target and the...