Cashew firms get more state support


The total cashew planting area in the country reached an estimated 314,000ha in 2023, down 8,300ha compared to 2022. — Vietnam News

HANOI: Cashew firms hope to receive more support from state agencies to develop raw material areas in Cambodia and southern Laos, the Vietnam Cashew Association (Vinacas) says.

Though Vietnam was the fourth largest cashew producer in the world, the country’s cashew output only met about 12% of the needs of processing enterprises, the association said, adding that the sector imported a record quantity of 2.9 million tonnes of raw cashew in 2023.

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