The target of 3.8 billion USD in export revenue of cashew nuts for this year set by the Ministry of Agriculture and Rural Development (MARD) is quite feasible given the forecast on high demand for the product in the time to come, according to experts. The coming into force of major free trade deals such as the EU-Vietnam Free Trade Agreement (EVFTA), the UK-Vietnam FTA (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has also brought about many chances for Vietnamese products to access the European, America and Chinese markets. According to the Vietnam Cashew Association (Vinacas), the global cashew nut market is predicted to expand 4.6 percent each year in the 2021-2026 period and reach 7 billion USD in 2025. Vietnam is currently the top exporter of cashew nut in the world. Last year was a successful year for Vietnamese cashew sector with export volume of 579,800 tonnes and value of 3.64 billion USD, year-on-year rises of 12.6 percent and 13.3 percent, respectively. The highest growth in cashew export earnings was seen in the African market with 35 percent, followed by the Asian market with 24 percent. Vietnamese cashew took 22 percent of market share in Europe and 23 percent in the US and even 89 percent in the Chinese market.