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  • Total exports from this sector in 2014 reached a record

    Feb 7th, 2015

    According VINACAS, 2014 is considered the most successful year of Vietnam's industries to date in both production and processing of export value, making this sector in agricultural export sector nhhom key second only to rice, rubber and coffee. This is the 9th consecutive year Vietnam world's leading exporter and it was the first year the export value reached US $ 2 billion. According to the report of the Vietnam Cashew Association, in 2014, the country exported 306,000 tonnes of cashew nuts reached, an increase of 17.4% compared to 2013 and exports reached US $ 2 billion, an increase of 21.9 % compared to the previous year; plus products such as cashew nut shell oil products and value-added, total exports reached $ 2.2 billion. Cashew export prices averaged $ 6,553 / ton, up 3.8% compared with 2013. Currently, Vietnam's cashew exports to 50 countries around the world; in which the US is the larget market with 30%, 25% European countries and China is 20%. Besides, domestic enterprises have also imported 700,000 tons of crude from the country needs to ensure processing and export, the total processing capacity that the country's 1.2 million tons, including 500,000 tons of crude in the country. Nguyen Duc Thanh, Chairman of the Vietnam Cashew Association, said there was this result is due to the efforts of businesses and people grow things. Although the production business is very difficult, but now has many best practices and successful manufacturing organizations, especially small and medium sized enterprises. At the same time the contribution of mechanical engineers have created the device support for cashew production, making production more cost low, stable quality and ensure food safety. On the other hand, farmers also tried to give it an average productivity gain of 1 ton / ha, the highest ever. Commenting on the development of the cashew sector in 2015, Mr. Nguyen Duc Thanh said that this sector is still difficult to be solved; including the impact of fluctuations in currency markets in the world today, some foreign currency devaluation will affect exports of Vietnam's thing. The partners in India and China are growing cashew processing industry in the African raw materials to increase their competitiveness, whereas the improvement in Vietnam cashew happening slowly. In addition, the requirements of the market for food safety, product quality and pose increasing problems for the processing enterprises in the country to focus on. From the perspective of an exporter of cashew, Ta Quang Huyen, Director of the limited liability company Huangshan I (Binh Phuoc), share this point of 2014, European and Australian market place many customers, even orders placed by the end of the year. However, to 2015, the import business from this market pretty conservative order, just signed the order in 1-2 months. The reason is not because of the price so high that the value for money of this country is being devalued, if imported to sell at very high prices. So now these businesses are waiting for the price down from supply should only in short order. In terms of raw materials and to restrict imports of crude from 50-60% / year, Mr. Dam Ngoc Nam, deputy director of the Department of Agro-forestry, aquaculture and salt production (Ministry of Agriculture and Rural Development), that in the future, the domestic industry to invest in processing, because this is one of the key solutions to enhance the value added of the sector. At the same time, promote the development of the domestic production of raw materials have close links between farmers and businesses, in order to limit dependence on foreign imports. To expand export markets, in 2015, Vietnam Cashew Association will strengthen the export development activities through the national trade promotion in the US market and organizational International Conference Article Vietnam. On the other hand, support for the processing and export, the Association will also enhance the activity "cleaner production," focus on improving the quality and safety of food exports, order processing increased levels of science and technology in processing it. In 2015, Vietnam's industries striving to export 350,000 tons of people, exports reached US $ 2.5 billion. /.


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