Binh Phuoc builds geographical indications for cashew products

Specialists and relevant agencies of Binh Phuoc province are working to develop geographical indications for local cashew products, ultimately raising the goods’ competitiveness in foreign markets.
Binh Phuoc builds geographical indications for cashew products ảnh 1Workers process cashew kernels (Photo: VNA)

Binh Phuoc (VNA) – Specialists and relevant agencies of southern Binh Phuoc province are working to develop geographical indications (GIs) for local cashew products, ultimately raising the goods’ competitiveness in foreign markets.

The work is being carried out under a project on supporting GI development in Vietnam.

The project, by the National Office of Intellectual Property, is implemented at a total cost of over 1.35 million USD, including 1.09 million USD in official development assistance funded by the French Government. The remaining sum is being covered by Vietnam.

The project’s specialists found that although Binh Phuoc’s cashew products are not renowned in international markets yet, local soil and climate conditions are very favourable for large-scale cashew cultivation.

Forty-four cashew processing companies in the province have been recognised as meeting ISO standards. The quality of local cashew nuts is also much higher than that of those hailing from other Vietnamese localities.

The specialists said these are optimal conditions for developing GIs for Binh Phuoc’s cashew products.

At a meeting on March 9, representatives of State agencies, businesses and farmers pointed out an array of problems in building cashew GIs such as how to help companies work with farmers to create large-scale, stable growing areas to ensure material supplies; or how to enhance cooperation among cashew processors who always compete with one another.

Another concern is that companies might source cashews from other localities to process and label their products with the Binh Phuoc origin.

Le Thi Anh Tuyet, Director of the province’s agriculture and fisheries promotion centre, underlined the role of enterprises for successful GI development. It is necessary to make firms realise that they have to join hands in building brands, if they want the local cashew industry to enter global markets.

Binh Phuoc has 134,000 hectares of cashew which yields 190,000 tonnes of nuts annually, with an average productivity of 1.4 tonnes per hectare.-VNA

VNA

See more

By June 2025, total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023 (Photo: VNA)

Central bank rolls out measures to support economic growth

By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025 - Illustrative image (Photo: VNA)

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025

According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.

Vietnam Airlines JSC (HVN) receives approval from the State Securities Commission of Vietnam to issue 900 million shares at 10,000 VND apiece. (Photo: VNA)

Vietnam Airlines receives approval for major share issuance

The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.

Passengers board a Vietnam Airlines flight (Photo: VNA)

Vietnamese aviation industry takes off

According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.

Illustrative photo (Source: VNA)

Vietnam telecom giants step up 5G commercialisation, expansion

The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.

The Thai Binh 2 Thermal Power Plant in Hung Yen province. (Photo courtesy of Petrovietnam)

Thai Binh 2 power plant beats H1 targets, braces for tough H2

According to the plant’s mid-year report, electricity output reached an estimated 3.79 billion kWh, achieving 115% of the target. Revenue was estimated at nearly 7.74 trillion VND (296.1 million USD), 13% above the plan, while post-tax profit was roughly 58 billion VND, thereby reducing planned losses by 114% (equivalent to 461 billion VND).

Vietnamese mango grows into global premium markets

Vietnamese mango grows into global premium markets

To enhance the value chain of speciality fruit commodities with its competitive advantages, Tien Giang province is operating the Hoa Loc mango production–consumption chain project for 2020-2025 with a vision towards 2030.

Prime Minister Pham Minh Chinh meets a representative of Vale, a multinational group specialising in metals, mining, and logistics, in Brazil's Rio de Janeiro city on July 7 (local time). (Photo: VNA)

PM meets Brazilian corporations in Rio de Janeiro

At these meetings, the PM highlighted Vietnam’s current landscape, key development priorities, and its favourable investment and business environment. He also underscored the strong friendship between Vietnam and Brazil, particularly following the upgrade of bilateral ties to a Strategic Partnership in November 2024.

Civil servants and citizens at a taxation office in Hanoi. (Photo: VNA)

Hanoi’s budget revenue surges in H1

The surge was largely driven by domestic revenue, which reached 373.9 trillion VND, meeting 77.5% of the yearly projection and rising 52.7% year-on-year.

Chief Executive Officer of Prudential Vietnam Kevin Joong Kwon (Photo: Courtesy of Prudential Vietnam)

Prudential Vietnam has new chief executive officer

With over 25 years of experience in the life insurance and financial services industry across Asia, Kwon brings a strong track record of driving growth, operational excellence, and customer-centric innovation.

Passengers on the inaugural Hanoi- Xi’an flight. (Photo: Vietjet)

Vietjet inaugurates Hanoi- China’s Xi’an route

The service departs from Hanoi at 9:25 pm every Monday, Wednesday, Friday, and Sunday, and arrives in Xi’an at 1:10 am the following day. The return flight leaves Xi’an at 2:10 am every Monday, Tuesday, Thursday, and Saturday, and lands in Hanoi at 4:10 am (local time).