Vietnam: Maintain cashew position with value-added products

Vietnam's cashew industry is strategically advancing by investing in technology to produce high-quality, value-added cashew products, aiming to maintain its global market leadership amidst growing competition, particularly from African countries. This move is also motivated by the advantages offered by free trade agreements, which have eliminated import taxes in many markets. Leading companies like Long Son Group are pioneering this shift, exporting a variety of value-added products, including direct sales to major retailers like Walmart. Innovations in processing technology, such as the cashew kernel roasting system and organic fumigation systems, are enabling the production of superior cashew kernels and cashew shell oil, while also exploring eco-friendly uses of cashew shells. These advancements are not only enhancing product quality and food safety but are also aimed at reducing environmental pollution and processing costs, positioning Vietnam's cashew industry for sustainable growth.