VOV.VN - Vietnamese cashew nut exports are anticipated to see robust growth ahead in the third quarter of the year due to growing demand in both the United States and the EU, according to the Ministry of Industry and Trade.
The Polish market has ample room for Vietnamese farm produce and food, experts said at a recent online conference.
Vietnam imported nearly 1.2 million tonnes of raw cashew nuts worth US$1.9 billion in the first four months of this year, increases of 300% and 323.5% year-on-year, according to the General Statistics Office.
The agricultural sector needs to focus on developing raw materials to reduce the dependence on imports as well as improve processing capacity, experts said.
VOV.VN - Vietnam exported 108,000 tonnes of cashew nuts worth a total of US$634 million during the first quarter of the year, representing an increase of 13.2% in volume and a decline of 5.8% in value compared to the same period from the previous year, according to the General Department of Vietnam Customs.
VOV.VN - Vietnam exported 75,000 tonnes of cashew nuts worth US$442 million during the opening two months of the year, representing an increase of 46.1% in volume and 21.5% in value compared to the same period from last year, according to the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - A number of local agricultural products recorded a high export revenue in excess of billions of US$ during 2020, including coffee, rice, cashew nuts, fruit and vegetables, shrimp, along with wood and wood products.
A Dutch firm has decided to invest US$250 million in a project in the southern province of Binh Phuoc to develop cashew nut material areas, conduct deep processing, and produce cashew nut shell oil for export.
VOV.VN - Vietnam exported 468,000 tonnes of cashew nuts worth US$2.94 billion during the opening 11 months of the year, representing an increase of 13.2% in volume and a decline of 1.8% in value in comparison with the same period from last year, according to the Agro Processing and Market Development Authority (Agrotrade).
In the past 30 years since the establishment of the Vietnam Cashew Association (Vinacas), cashew exports have reached more than US$31 billion, according to insiders.