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Export of Vietnamese agricultural and forestry products 2021: Challenges & opportunities

Cashew Nut Kernel
Vietnam
Published Dec 24, 2020

Tridge summary

Mr. Pham Van Cong - Chairman of the Vietnam Cashew Association (Vinacas): Paradox of the cashew industry Vietnam is leading the world in cashew processing and exporting, but most cashew processing enterprises export have regulations. small and microscopic tissue. Meanwhile, many other countries such as India and African countries with a large supply of raw cashew nuts are "resurging", promoting processing to confirm their position.

Original content

Mr. Pham Van Cong - Chairman of the Vietnam Cashew Association (Vinacas): Paradox of the cashew industry Vietnam is leading the world in cashew processing and exporting, but most cashew processing enterprises export have regulations. small and microscopic tissue. Meanwhile, many other countries such as India and African countries with a large supply of raw cashew nuts are "rising", boosting processing to assert their position. but it is still only a primary raw material for deep-processed, high value-added products. Cashew processed and sold at supermarkets in other countries cost about USD 30 / kg, thus, Vietnam only accounts for 30% of the cashew industry value chain, the remaining value belongs to international cashew roasters and distributors. Another problem of the cashew industry in Vietnam is not being able to actively source raw materials, having to import most of the raw cashew for processing, especially from Africa. Through intermediaries, cashew nuts are always price ...
Source: Vinacas
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