Vietnam needs to restructure cashew production

Vietnam’s cashew industry would need to restructure production and processing in order to ensure enough raw materials for sustainable development, according to experts.
Vietnam needs to restructure cashew production ảnh 1Workers process cashew nuts for export (Photo: VNA)

HCM City (VNS/VNA) - Vietnam’s cashew industry would need to restructure production andprocessing in order to ensure enough raw materials for sustainable development,according to experts.

In a restructuringprogramme of the cashew industry, scientists have suggested that cashew growingregions with trees more than 20 years old needed to plant new varieties thatwere more productive and resistant to pests.

Minister of Agriculture andRural Development Nguyen Xuan Cuong said the restructuring of the cashewindustry must be carried out comprehensively. Specifically, productivity mustincrease by 50 percent. The production process should be developed followingorganic standards

For increased cashewproductivity, Nguyen Thanh Phuong, Deputy Director of the Agricultural ScienceInstitute for Southern Coastal Central of Vietnam (ASISOV), said manyvarieties of cashews had been tested and trial production had resulted in highproductivity.

These varieties had beenrecognised by the Ministry of Agriculture and Rural Development (MARD) and puton mass production. After five years of cultivation, output had reached morethan 1.5 tonnes per ha with high quality, Phuong said.

The Vietnam Cashew Associationhas also asked MARD to cooperate with Cambodia to develop cashew production,providing raw material for the domestic processing industry.

The Cambodian Ministry ofAgriculture, Forestry and Fishery has approved a 500,000ha cashew area to bedeveloped by a Vietnamese firm. The plantation is expected to supply onemillion tonnes of raw materials to Vietnamese enterprises each year.

In addition, the sector hasalso focused on intensive processing and improving the value of cashew nuts,while the Vietnam Cashew Association has been building an international brandfor export purposes.

Cuong said the industryshould apply scientific and technological advances for production to solve theimpacts of bad weather on production.

Cashew processingenterprises have already formed a production chain in association with localauthorities and cashew farmers under a co-operative model. This providedstability to all parties to develop the domestic and export markets.

According to MARD, theprocessing capacity of Vietnam’s cashew industry stood at 1.8 million tonnes ofraw cashew per year, of which intensively-processed products accounted forabout 20 percent of total exports.

This domestic supply of rawmaterials for processing is not enough so processors must import from Africancountries. However, some African countries are planning to process their ownnuts to improve the value of their product.

Cuong said the local cashewindustry had to import 70 percent of raw materials for processing.  

Vietnam has 480 cashewprocessing plants and 20 percent of them have intensive processing chains.

According to the Ministryof Industry and Trade, as of October 15 this year, cashew nut exports reached286,000 tonnes, earning 2.7 billion USD, up 4.8 percent in volume but down 1.8 percentin value year on year.

The decline in value waspartly due to a decrease of 5.8 percent in average export prices in the firstnine months to 8,611 USD per tonne.

Vietnam’s cashew nuts havebeen exported to markets such as the US, China, the Netherlands, Germany andCanada.-VNS/VNA
VNA

See more

Vietnamese durian industry pivots from volume to value

Vietnamese durian industry pivots from volume to value

Durian has morphed from a high-value crop into a strategic Vietnamese export. But as output climbs and importing markets tighten rules on quality, food safety and traceability, the industry must pivot from volume growth to sustainable value chains, better quality and diversified markets.

A display area for Mid-Autumn Festival cakes at a supermarket (Photo: VNA)

Mid-Autumn Festival cake market heats up at affordable end

Industry insiders say competition is no longer just about the cake itself. Product quality, packaging, brand reputation, delivery services and personalisation are increasingly shaping consumer choices in a market crowded with both domestic and foreign players.

Minister of Foreign Affairs Le Hoai Trung (Photo published by VNA)

Vietnam, India set 25 billion USD trade goal

Vietnam and India agreed to make better use of complementary strengths, ease market access difficulties and facilitate business activities toward achieving the 25 billion USD bilateral trade target.

Delegates at the meeting between Vietnamese businesses operating in Cambodia and the Council for the Development of Cambodia (CDC) on September 14. (Photo: VNA)

Vietnamese businesses seek to expand investment in Cambodia

Vietnam currently has 223 investment projects in Cambodia with total registered capital of nearly 3.4 billion USD. Vietnamese companies operate in agriculture, particularly large-scale farming, finance and banking, telecommunications, aviation, processing, trade and services.

Children visit President Ho Chi Minh's hometown and learn about his childhood. (Photo: VNA)

Vietnam's tourism sector faces labour shortage

A 2026 survey by Hoteljob.vn found that nearly 90% of tourism businesses planned to recruit. In Ho Chi Minh City alone, 89.7% of businesses were hiring, while 71.8% said recruitment was difficult or very difficult. The biggest shortages were among frontline workers, particularly in housekeeping, engineering, food service, front-office operations, and kitchens.

Octopus processing for export at Huy Nam Company in An Giang province. (Photo: VNA)

New opportunities for Vietnam’s seafood exports

The Vietnam-EFTA Free Trade Agreement brings together two groups of highly complementary economies. EFTA members Switzerland, Norway, Iceland and Liechtenstein have strengths in technology, innovation, finance, clean energy and sustainable development, while Vietnam is one of Asia’s most dynamic economies and is emerging as a major regional manufacturing, trade and investment hub.

The saponin content of Lai Chau ginseng can reach as high as 23.85% in its natural state, a remarkably high level compared to many other ginseng species. (Photo: baolaichau.vn)

Lai Chau ginseng development gains momentum

Blessed with rare and distinctive ecological values, the northern mountainous province of Lai Chau is stepping up efforts to conserve and develop its native ginseng, with the medicinal plant expected to play a growing role in the forest-based economy and local livelihoods.

The Vietnamese delegation poses for a group photo at the third meeting of the Vietnam-Canada Joint Economic Committee (Photo: VNA)

Vietnam, Canada broaden economic cooperation beyond trade

Vietnam is currently Canada’s largest trading partner in ASEAN. Building on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the two countries are expanding bilateral economic ties into higher value-added areas such as clean energy, critical minerals, advanced technology, manufacturing and value-chain linkages.

The Index of Industrial Production (IIP) rises 14.4% in August and 11.9% in the first eight months compared to a year earlier. (Photo: VNA)

More momentum needed for economic growth in year-end race

To build momentum for the year-end race, one of the top priorities is to accelerate public investment disbursement, ensuring 100% of the allocated plan is disbursed without allowing funds to be concentrated in the final months of the year.