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.
Last year was a challenging one for the cashew industry, with exports falling from the previous year, but 2023 might be even worse, according to the Viet Nam Cashew Association (VINACAS).
The cashew industry should focus on markets which Viet Nam had signed trade deals with to take advantage of preferential tariffs and expand exports in the context of inflation, which pushed up prices of raw materials and forced people to...
In Binh Phuoc Province, known as the country’s cashew capital, processors are unable to source enough nuts because of poor harvests locally due to unfavourable weather and difficulties in transporting them from Africa.
The Viet Nam Cashew Association (Vinacas) recommends cashew processing enterprises to be calm and not to sell-off their products to avoid potential losses.
The domestic cashew industry would continue to face difficulties processing and trading cashew nuts next year, according to the Viet Nam Cashew Association (Vinacas).
Viet Nam’s cashew industry would need to restructure production and processing in order to ensure enough raw materials for sustainable development, according to experts.
Viet Nam’s cashew industry has targeted 300,000 tonnes of cashew exports at a value of US$3 billion this year, a year-on-year reduction of 50,000 tonnes in volume and $500 million in value, according to the Viet Nam Cashew Association.
The cashew industry has achieved impressive growth in the past years with increasing exports, but unfavourable weather due to the impact of climate change and an increase of diseases and pests threaten its continued development, delegates told a seminar in...
Binh Phuoc Province wants to strengthen co-operation with other provinces and cities as well as foreign countries to aid its industrial development, especially its cashew processing industry, according to its leader.
An international clients conference for the cashew industry will be held in southern Binh Phuoc Province next week to provide an opportunity for cashew farmers, processors and traders to exchange information and explore business opportunities with local and foreign partners.