On-the-Ground Updates

Project aims for sustainable growth of macadamia industry in Vietnam

Raw Macadamia
Vietnam
Market & Price Trends
Innovation & Technology
An Phan
Published Mar 17, 2022
Deputy Prime Minister Le Van Thanh has signed a decision approving a project to sustainably develop macadamia cultivation and processing in the 2021-2030 period with a vision to 2050, which aims to turn macadamia into a strong export product.
Under the scheme, macadamia export value is hoped to reach about USD 400 million in 2030 and about USD 2.5 billion in 2050, with the percentage of macadamia in shells being less than 40%.

The country aims for 130,000-150,000 hectares of macadamia farm by 2030, mostly in northwestern and Central Highlands regions. Based on the evaluation of macadamia farming efficiency in the 2021-2030 period, the area could be expanded to about 250,000 hectares in 2050.

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