VN’s cashew industry booming
Viet Nam’s cashew industry is expected to enjoy strong export growth in the coming years, especially shipments to the US, according to the Viet Nam Cashew Association. Viet Nam has been the world’s largest cashew nut exporter for many years, with exports reaching US$2.5 billion last year. This year the US has surpassed China to become the largest buyer of Vietnamese cashew as exports topped $1 billion in the first five months, Nguyen Duc Thanh, Vinacas chairman, told a seminar in HCM City on 30 May organised by Vinacas and Thanh Nien newspaper.
