Từ khóa: #cashew industry

The cashew industry sets an export target of cashew nuts of US$3.8 billion in 2022, up 3.9 percent in value compared to 2021.

Five months after the EU-Vietnam Free Trade Agreement (EVFTA) took effect, many agricultural export products increased in both volume and value. However, some key export products of Vietnam have not taken advantage of the EVFTA yet, such as cashew, honey, and sugarcane industries.

The cashew industry has just overcome a long crisis cycle from 2017 to early 2019 with serious impacts but the developments of the Covid-19 outbreak have caused the industry to enter a period containing many risks. This year, cashew export enterprises are expected to face special difficulties.

The Vietnam Cashew Association (Vinacas) has decided to delay the 12th International Cashew Conference to late-June this year, instead of in early-March this year as previously planned.

According to the Vietnam Cashew Association (Vinacas), this year, Vietnam continues to be the largest cashew nut exporter in the world with cashew nut exports of US$3.6 billion.

According to the Vietnam Cashew Association (Vinacas), in 2020, with the policy to reducing quantity and increasing quality, the association and leading enterprises in the industry will collaborate and be proactive in business, increase intensive processing and diversify value added products in order to achieve an export turnover target of US$4 billion next year.