Attending the event, Do Thi Minh Tram, Deputy Director of the Agency for Regional Industry Development under the Ministry of Industry and Trade, said that Binh Phuoc, dubbed as the country’s cashew capital, should pay special attention to ensuring  cashew farming is sustainable and stable.

Improving management capacity and human resources quality together with diversifying cashew products, and applying clean production technology should help reduce processing costs, she suggested.

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Cashew processed for exports

According to Vu Duy Khien, director of the provincial industrial promotion and development consulting centre, the province is housing more than 134,000 hectares planted with cashew, which generate an average output of nearly 150,000 tonnes of cashew nuts, accounting for nearly 50 percent of the country’s total areas and productivity.

There are some 200 companies and 400 household businesses joining in cashew processing. Meanwhile, around 31 local cashew exporters have shipped 81,000 tonnes of cashews abroad at a value of over USD 807 million.

In the past time, the province has splashed out over VND 11 billion (USD 473,500) to support 63 production facilities and businesses in building cashew high-tech processing models, he added.

Source: VNA