Vietnam is the world’s leading cashew nut exporter for the 10 th consecutive year (Source:VNA)
Hanoi (VNA) - The 7th Vietnam International Cashew Conference is set to take place in the southern metropolis of Ho Chi Minh City from November 22-24, according to the Sai Gon Giai Phong newspaper. 

The event is expected to host representatives of over 300 enterprises and associations, including those from 30 countries and territories like the Global Cashew Council (GCC), the US’s Association of Food Industries (AFI), and the African Cashew Alliance (ACA). 

The conference is co-organised by the Vietnam Cashew Association (VINACAS) and the Vietnam Trade Promotion Agency (Vietrade). 

In the first 10 months of 2015, Vietnam exported 272,000 tonnes of cashew nuts for a turnover of 1.9 billion USD, up 6 percent in volume and over 18 percent in value compared to the same period last year. 

The cashew sector is expected to bring home 2.5 billion USD in 2015, of which 2.3 billion USD are from cashew nuts.

Vietnam continued accounting for over 50 percent of the globe’s cashew nut trade value of about 5 billion USD and maintained its title as the world’s leading cashew nut exporter for the 10 th consecutive year.-VNA