Binh Phuoc, Vietnam: The value of cashew nuts has not been fully exploited

Binh Phuoc is known as the cashew capital of Vietnam with an area of more than 152,000 hectares and an output of 170,000 tons/year, accounting for nearly 50% of the country's cashew area and output. Of which, the cashew growing area of ethnic minorities in Binh Phuoc is about 50,000 hectares. Binh Phuoc's cashew productivity is high due to suitable natural conditions. In particular, this province has introduced high-yield cashew varieties, suitable for the ecological sub-region, and applied new technical advances in intensive farming to help cashew trees grow. , well developement. Cashew processing is a key industry and strength of Binh Phuoc, contributing 27 - 45% of the province's total export turnover each year. In 2022, Binh Phuoc's export turnover of cashew products will reach 1.045 billion USD. Binh Phuoc's processed cashew products are currently exported to more than 50 countries. The cashew processing industry has contributed to a strong transformation of the agricultural ...