<p>Raj Sharma is expected to take nuts from Vietnam to the US and other Asian markets.Dubbed the "King of walnuts" (Walnut King) of Northern California, millionaire farmer Raj Sharma proved extremely excited with the prospect of doing business in Vietnam, after a visit to Tay Ninh Province. Accordingly, the American billionaire hopes India will soon start exports from Vietnam to the US conditions and other Asian markets. At a conference last Wednesday in Xining 8/1, Sunrise Orchards his corporation Sharma signed cooperation memorandum of understanding (MOU) with the provincial leaders. Sharma said he will soon go back to Vietnam, to "help the people here see us Americans how to do agriculture, with modern agricultural technology", in an interview by phone with Daily Republic.</p> <p>As to Vietnam, Sharma said he quickly realized that the best investment opportunities are in tropical fruits such as papaya, coconut, mango and guava, but the best thing is nuts. Sharma found that this is less fruits and nuts grown in the US, but with demand relatively high, especially in the Asian American community. Mr. Sharma has a land area of 40 hectares to begin operations in Vietnam, which an initial investment of USD one million and is expected to rapidly expand the scale.</p> <p>To enhance productivity in Vietnam, Sharma will apply the experience of his walnuts grown in the United States: "The farming in Vietnam is quite scattered should not be grown and harvested by machines. Therefore, we will grow into a long line as is done with walnut trees. "</p> <p>Vietnam is the country's largest producer of crude in the world, accounting for nearly 30% of global production and 57% of what is consumed in the US, according to data from USAID (Agency for International Aid USA). However, in terms of the Indian cashew processing capacity to lead the annual 1.59 million tons, compared to 900,000 tons from Vietnam. Sharma is expected not only to export cashew nuts from Vietnam to California in particular and the country in general, but also looks for opportunities in China and other Asian markets. Currently, he has sales offices in Vietnam, besides three offices in India and one office in Hong Kong.</p> <p>"Empire" by Raj Sharma agriculture is made up from one risky investment in 1996, when he decided to grow walnuts on a land of 320 hectares wide, despite many words can stop that this is a bad ground. After the first few years lost nearly all season, finally Sharma was the big winner, and create a group worth millions of dollars. In addition to agricultural activities, he was a real estate investor sized, and has participated in the fuel industry. Currently in the US, the company is growing Sharma Sunrise Orchards of walnuts, peaches and pomegranates cultivated area of over 800 ha (alone Yuba-Sutter area). In the future, he plans to plant more vegetables, tomatoes and strawberries.</p> <p>Tuan Minh</p>