Cashew production forecast to drop nearly 20 percent in 2017

Vietnam is expected to harvest only 0.87 tonnes of cashew nuts per ha in 2017, 0.21 tonnes or nearly 20% less than 2016’s output per ha, heard a conference in Ho Chi Minh City on June 1.

  • Cashew sector faces difficulties in 2017
  • Binh Phuoc develops local cashew nut brand
  • Ten-month cashew export enjoys robust growth

Le Van Duc, deputy head of the Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD), blamed the yield decrease on unseasonal rains in January-March, which destroyed cashew flowers.  

Meanwhile, local farmers have neglected extreme weather developments and diseases on cashew trees, said participating businesses. 

A report released by the MARD shows that cashew output in the southern province of Binh Phuoc contracted by about 17.41% per ha; southern Ba Ria-Vung Tau province, 15.13%; and the Central Highlands province of Lam Dong, over 50%. 

Representatives from cashew-growing provinces said the bad harvest was more noticeable in reality as several localities have yielded zero. 

Therefore, the country’s total cashew nut output is forecast to hit over 252,000 tonnes in 2017, decreasing nearly 52,000 tonnes compared with the previous year’s figure. The amount meets only around 15-20% of businesses’ demands for raw cashew nuts. 

Given this, Nguyen Trung Anh, director of the research and development centre of PAN Group, suggested local farmers pay more heed to intensive cultivation and technological improvement. 

Nguyen Duc Thanh, Chairman of the Vietnam Cashew Association (VCA), said the unexpected reduction may affect business plans of cashew processors. 

To ensure sustainable development for the cashew sector in the time ahead, he suggested the MARD adjust the national cashew development strategy until 2020 by expanding the cashew area from 340,000 ha to 400,000 ha. 

MARD Deputy Minister Le Quoc Doanh urged the VCA to boost its connectivity with localities and farmers to ensure stable cashew production areas. 

In 2016, cashew nut was Vietnam’s major farm produce, only behind coffee in terms of export value. The country shipped 348,000 tonnes of cashew nuts for US$2.84 billion, up 5.6% in volume and 18.4% in value from a year ago.

VNA

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.