Ha Long to host international cashew conference
16:47 | 25/06/2018

VGP - The 10th Vinacas Golden Cashew Rendezvous will be held in Ha Long city, the northeastern province of Quang Ninh, in October. 

The event, co-organised by the Viet Nam Cashew Association (Vinacas) and the Viet Nam Trade Promotion Agency (Vietrade), is expected to draw  nearly 500 businesses from 50 countries and territories.

A number of activities will take place during the event, including a networking programme, dialogues between domestic and foreign cashew businesses, conferences on international cashew cooperation and women’s role in the cashew sector.

The conference aims to support trade exchanges and promotion for businesses and help them expand markets as well as increase incomes for farmers.

In 2018, the cashew nut sector aims to cut its volume while increasing the quality of the nut to reach the export target of more than US$3.7 billion, about 65 percent of global export value.

Vinacas forecast the sector will enter a new period of development in 2019 with the building of a production value chain and deployment of measures to increase quality, trace of origin of products, and deep processing, and develop the domestic market to raise the trade value of the sector to US$4 billion.

The first Vinacas Golden Cashew Rendezvous was held in the southeastern province of Binh Phuoc in 2008. Two years later, Viet Nam became the world’s leading exporter of cashew nuts.

The country exported 141,000 tons of cashew in the first five months of 2018, raking in more than US$1.39 billion, according the Ministry of Industry and Trade.

By Vien Nhu

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