April 19, 2024 | 02:27 GMT +7
April 19, 2024 | 02:27 GMT +7
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(VAN) In the 1st quarter of 2024, Vietnam's cashew exports reached about 147 thousand tons, worth $ 782 million, up 31.8% in volume and 20.5% in value.
(VAN) To maintain its position, the Vietnamese cashew industry must continue to invest in technologies that provide high value-added and quality products.
(VAN) Thanks to mastering technology, Vietnam's cashew industry ranks in the number 1 position globally. But Vietnamese technology is also helping African cashews compete with Vietnamese cashews.
(VAN) The price of cashews has been on a steady decline since 2018. If this downward trend persist, it will adversely affect the global cashew supply chain.
(VAN) After experiencing a decline in 2022, cashew exports rebounded significantly in 2023, surpassing the milestone of 600 thousand tons for the first time.
(VAN) Despite favorable cashew exports, the image of Vietnamese cashew nuts faces challenges due to concerns about food safety. The cashew industry is actively addressing this issue.
(VAN) The quality of Vietnam's exported cashew nuts is decreasing - a warning from associations and major customers from 2 important markets: Europe and the US.
(VAN) In addition to deep processing and product diversification, the cashew industry needs to research processing technology to fully use the value of cashew nuts, from kernels to flesh.
(VAN) The consumption of nuts is declining as consumers reduce their expenditures and output remains stable. As a result, Vietnam's cashew exports are heavily affected.
(VAN) Despite numerous challenges, cashew kernel exports grew in the first half of 2023. Accordingly, its turnover will reach over 3 billion USD by the end of the year.
(VAN) 3 businesses exporting cashew kernels, pepper and cinnamon to the same customer in Dubai (UAE) have reported suspicion of being scammed by the buyer.
(VAN) In light of the difficulty of exporting white kernel cashew, a number of cashew enterprises in Binh Phuoc have discovered a way out by utilizing cashew shells, which are typically discarded.
(VAN) In light of the difficulty of exporting white kernels, cashew businesses in Binh Phuoc have turned to deep processing to increase the value of locally sourced ingredients.
(VAN) Reforming technologies, changing to deep processing, and reaffirming the name from indigenous materials, etc., are the possible escape routes for the cashew industry from its current difficulties.
(VAN) Ninh Thuan province has thousands of hectares of naturally grown organic cashews with quality considered the best in Vietnam