Vietnam: Find solutions to reshape the global cashew supply chain

Published 2024년 2월 29일

Tridge summary

The 13th Vietnam International Cashew Conference, attended by representatives from over 40 countries, was held in Dong Hoi city, Quang Binh province. The conference addressed the challenges faced by the global cashew industry, including Covid-19, world conflict, and high inflation. Vietnam, a key player in the global cashew industry, was discussed for its role in importing nearly 65% of the world's raw cashew output and accounting for nearly 80% of cashew kernel exports. The conference also proposed solutions to reshape the global cashew supply chain and adjust the global cashew price chain. Vietnam's cashew kernel exports are projected to increase by 24.33% in 2023, generating nearly 3.583 billion USD, an 18.78% increase from 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: nhandan.vn The 13th Vietnam International Cashew Conference took place in Dong Hoi city, Quang Binh province. Attending the Conference were representatives of ministries, central branches, international organizations, Cashew Associations of countries and businessmen from more than 40 countries and territories. According to Chairman of the Vietnam Cashew Association Pham Van Cong, in 2022 and 2023, the global supply chain, including the cashew industry, is gradually recovering after the Covid-19 pandemic, in addition to the serious sequelae of the pandemic, The world's economy and society are greatly affected by the world conflict. High inflation globally, central banks of countries implementing tightening monetary policies, the world economy stagnating, consumer purchasing power declining.... have a strong impact on the cashew industry of Vietnam and world. Chairman of Vietnam Cashew Association Pham Van Cong spoke at the Conference. Meanwhile, cashew kernel prices in ...
Source: AgroInfo.vn

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