Indian Cashew Processors Eye Collaboration in Vietnam

An Indian delegation of cashew nut processors and exporters led by Walter D'Souza, President of the Indian Cashew Association, visited southern Binh Duong province seeking opportunities for cooperation with the province, said Nguyen Van Thoa Vice Chairman of the Binh Phuoc People's Committee.

 

Binh Phuoc is now the largest cashew growing area in Vietnam with 195,000 ha under cultivation, of which 170,000 ha annually yield more than 200,000 tons of raw nuts (50 per cent of the country’s total output).

 

However, the province's output of processed cashew nuts stands at 23,800 tons, accounting for only 8.25 per cent of the provincial GDP.

 

Only nine of Binh Phuoc's 127 cashew nut processing businesses meet the required conditions for production and export. The remainder can only provide semi-processed cashew nuts for other processors

 

The province plans to expand its total cashew area to 165,000ha by 2010. (Vietnam & World Economy)