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Cashew industry destined for this year's export target of 450,000 tons

Cashew industry destined for this year's export target of 450,000 tons

VOV.VN - Vietnam’s cashew industry is targeting the export of 450,000 tons of cashew nuts throughout the year as the global demand for cashew is predicted to witness a sharp uptrend during the remaining months of 2019, according to the Vietnam Cashew Association (Vinacas).

Cashew industry seeks ways to overcome difficulties

Cashew industry seeks ways to overcome difficulties

The Vietnam Cashew Association (Vinacas) has recently held a conference to review the industry’s performance in the first seven months of 2019 and seek solutions to the problems facing it.

Cashew sector seeks ways to navigate through difficulties

Cashew sector seeks ways to navigate through difficulties

Vietnam sustained its position as the world’s leading cashew processor and exporter in 2018, yet the country still suffered from certain losses, so the sector must strive to regain what it lost in 2018 and improve its export value in 2019, according to insiders.

Vietnam to import 300,000 tonnes of raw cashew

Vietnam to import 300,000 tonnes of raw cashew

Vietnam will need to import more than 300,000 tonnes of raw cashew nuts in the remaining months of the year for processing to meet the demand of importers, according to processing companies.

Steady prices key to boosting demand for cashew nuts

Steady prices key to boosting demand for cashew nuts

Price stability is needed to ensure sustained growth of the cashew nut market and benefits for stakeholders in the cashew value chain, participants said at the 10th International Conference on Cashew in northeastern Quang Ninh province at the weekend.

Cashew industry suffers from weakness

Cashew industry suffers from weakness

Vietnam is expected to remain the world’s No. 1 cashew nut exporter in 2018 with a global market share of 65%, but local cashew enterprises have operated inefficiently, facing numerous problems, including shortages of raw materials and thin profit margins, Nguoi Lao Dong newspaper reported.

Cashew nut factories halt operations due to lack of materials

Cashew nut factories halt operations due to lack of materials

Many cashew nut processing plants have halted operations due to a lack of materials, the Vietnam Cashew Nut Association (Vinacas) told a meeting in Ho Chi Minh City on June 15 to review the sector’s performance in the first half of 2018.

Cashew exports surge in first quarter

Cashew exports surge in first quarter

The cashew sector enjoyed sharp year-on-year rises in export volume and value in the first three months of this year at 31% and 43.6% respectively thanks to higher quality and price.

Cashew industry lowers export goal

Cashew industry lowers export goal

Vietnam’s cashew industry has targeted 300,000 tonnes of cashew exports at a value of US$3 billion this year, a year-on-year reduction of 50,000 tonnes in volume and $500 million in value, according to the Vietnam Cashew Association (Vinacas).

Cashew nut exports hit record high of more than US$3.5 billion

Cashew nut exports hit record high of more than US$3.5 billion

VOV.VN - Almost a year ago, Vietnam’s cashew nut exports were forecast to continue to grow and surpass the US$3 billion mark for the first time in 2017. In fact, exports set a new record of US$3.52 billion from 353,000 tonnes to the end of 2017.

Vietnam promises export of safe nut products

Vietnam promises export of safe nut products

There is a growing demand for nuts, including cashew, and dried fruits globally, offering a good opportunity for the industry, the ninth Vinacas Golden Cashew Rendezvous held in Phu Quoc heard on November 14.