This year's export target of US$4.5 billion for cashews is feasible, given the commodity’s double-digit growth and rising demand during the year-end festive season, according to the Ministry of Agriculture and Environment (MAE).

VOV.VN - Since July, exports from several sectors to the US have slowed as American buyers tighten orders and ask Vietnamese businesses to share the burden of the 20% reciprocal tariff.

VOV.VN - Vietnam's cashew export sector continues to maintain its dominant position with impressive growth, according to the General Department of Customs.

Vietnam’s agricultural product exports are on track to achieve an unprecedented milestone, with projected revenue reaching US$60-61 billion this year, up US$7-8 billion compared to 2023.

Cashew nuts are one of the exports which have created a large market for Vietnam, however, the industry faces the risk of trade deficit due to higher raw material prices.

Cambodian cashew nuts account for 55.5% of Vietnam's total import turnover in the first half of this year.

VOV.VN - Vietnam exported 147,000 tonnes of cashew nuts worth US$782 million in the first quarter of the year, representing a rise of 31.8% in volume and 20.5% in value year on year, according to the General Department of Vietnam Customs.

The three-day 13th Vinacas Golden Cashew Rendezvous saw its main event kick off in the central province of Quang Binh on February 27, attracting participants from more than 40 countries and territories worldwide.

VOV.VN - Promoting deep processing to export cashew nuts is viewed as a way for local businesses to capitalize on free trade agreements (FTAs) and add value to this industry.

The Vietnam Trade Office in Spain has warned domestic enterprises to be cautious when signing contracts with Spanish businesses to avoid risks.