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  • Solution table to ensure the supply of raw cashew nuts for Vietnam 12/19/2022

    Dec 19th, 2022

    On December 12, 2022, the Ministry of Foreign Affairs held a seminar on "Cashew nut trade cooperation with Africa and solutions to ensure the supply of raw cashew nuts for Vietnam" to assess the current situation, opportunities and Challenges in importing raw cashew nuts from Africa in the past time, and at the same time discussing directions and solutions in the coming time. The seminar was attended by Deputy Foreign Minister Pham Quang Hieu and more than 70 live and online delegates from many ministries, branches, localities, research institutes, associations and enterprises importing, exporting and processing nuts. thing. Speaking at the opening of the Seminar, Deputy Foreign Minister Pham Quang Hieu highly appreciated the attendance of the delegates, expressed their interest and need to access the African market and emphasized cashew nut trade, cooperation in Cashew nut production and processing is one of the important cooperation contents with African countries in the coming time. Do you have a policy on how to protect and provide resources for Vietnam? At the Seminar, the speakers and delegates presented about the situation, overview and impact of recent international and regional events on the import of raw cashew nuts from Africa. At the Seminar, speakers and delegates presented on the current situation, overview and impact of recent international and regional events on the import of raw cashew nuts from Africa; difficulties in cashew trade cooperation with African countries, thereby making recommendations and solutions to ensure the supply of raw cashew nuts for Vietnamese businesses. According to the assessment of the speakers and delegates, Africa is promoting the trend of "self-reliance" in politics and economy..., including the development of domestic cashew nut production and processing. Development partners from developed countries such as Europe and North America all prioritize cashew nut products with clear traceability, creating advantages for cashew nut processing enterprises in Africa rather than through the chain. long-term supply, especially in the context that global transportation services are constantly in crisis and price increases, that trend requires Vietnamese managers and businesses to have a long-term vision and approach soon. new cooperation in cashew nut trade with Africa for sustainable development of the cashew industry. Do you have a policy on how to protect and provide resources for Vietnam? Seminars in the form of direct and online from many ministries, branches, localities, research institutes, associations and enterprises of export, import and processing of cashew nuts In addition, the import of Vietnam's raw cashew nuts from Africa is also affected by unfavorable harvests, farming techniques in African countries, the food crisis, and the impact of inflation. global, competition from international importers… From the above situation, representatives of agencies, associations and businesses have proposed a number of directions and solutions such as building a sustainable development chain in cashew nut trade cooperation; consider tripartite cooperation in cashew production and processing cooperation with Africa; consider investing in joint ventures and association with local partners; establish local offices/representatives to learn about the market, connect partners, directly exploit, expand market activities, lower input prices; Research and apply ways to support and encourage cashew farmers in potential African countries to increase the cultivation area, output, harvested quality and rate of raw cashew for Vietnamese importers. Male; step by step change the development strategy of the cashew industry (production, import and export…) in line with the new trend of the global cashew market;


    Source: https://www.vinacas.com.vn/
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