India and Brazil are the top competing countries in the global market. Particularly, India has a very strict policy against importing Vietnamese cashew kernels to protect the domestic cashew industry. The import tax on Vietnamese Cashew kernel is more than 100%, therefore it is very difficult to import Vietnamese cashew to India.
However, in terms of quality, the Vietnamese cashew kernel is better than the product from other countries, and it is of world-class quality when the kernel is processed with domestically produced RCN.
*Read more: Why Vietnam has become the largest RCN processing country?
-With the support of the government and international investment from Russia in the 1980s, the Vietnamese Cashew Industry started to grow significantly.