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  • US markets will be "difficult" than the products it imports

    May 24th, 2016

    <p></p><p>Upcoming US law will apply to businesses selling products that must be responsible to the final consumer. <br></p> <p>According to the Vietnam Cashew Association (Vinacas) at the workshop to discuss solutions for sustainable development which, at present, Vietnam is a producer, importer and exporter of the world's largest things. <br></p> <p>According to the plan of the Vietnam Cashew Association, in 2016, the output of Vietnam will export 350,000 tons with a turnover of more than $ 2.5 billion. The USA remains the largest export market of Vietnam conditioning products. <br></p> <p>According to experts, this sector of our country is inherently risky. What services this year, the output of our country was reduced by 20% compared to 475,000 confirm last year's attack. Processing enterprises, export it being dependent on imports of raw materials from African countries and Cambodia. <br></p> <p>As expected, the businesses of Vietnam will import 870,000 tonnes of raw cashew nuts with a total value of $ 1,131 billion this year. Before the fierce competition of the processing enterprises, the export of China, India and Ivory Coast, the role of Vietnam enterprises in the dominant input procurement in Africa are threatened . The purchase contract disputes between businesses in the country and abroad increasingly complex. <br></p> <p>Besides, the way the production of farmers and cashew processing enterprises of our country does not ensure food safety. Currently, Vietnam has more than 300 exporters things. The main business of our country competing, pushing the price of crude in the African countries and Cambodia increased to more than 16% over the same period last year. <br></p> <p>To industry thrive, businesses producing, processing cashews should coordinate with the farmers to actively input source. Businesses also recommends that the Government should have policies to simplify administrative procedures for import of raw materials of raw cashew nuts. <br></p> <p>Vietnam Cashew Association (Vinacas) to gather more of the export enterprises for unified action, so that we can impose the maximum purchase price and minimum sale price in trade with foreign partners out. <br></p> <p>Vu Thai Son, Chairman of the Board, General Director of JSC Long Son said, although Vietnam is always in position as a major exporter but not strong. <br></p> <p>"The US market is a huge market and a market formerly easygoing. However, the upcoming US will apply the new law, businesses selling products must be responsible to the final consumer. Therefore, the export of cashew nuts to the US market will face many challenges, "Son specified.<br></p><p></p>


    Source: VOV / Tp. HCM
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