Thin praised the industry’s potential and its contribution to the economy, livelihoods and exports in the Southeastern African nation. She also shared Viet Nam’s experience in developing the industry, particularly in boosting processing capacity and adding value to products.
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Vietnamese Ambassador to Mozambique Tran Thi Thu Thin (third from right) poses with IAM Director and staff. |
Fole, for his part, said Mozambique produced about 200,000 tons of cashews in 2025, of which about 40,000 tons were processed. Export revenue neared USD 121.6 million, nearly triple the 2024 level. He said he wants closer cooperation with Viet Nam, especially in sharing experience, transferring technical know-how and attracting investment in processing. Mozambique aims to raise domestic processing capacity and added value, targeting about 482,000 tons processed by 2034 under its 2025-2034 cashew value chain development scheme.
The host also pushed for broader cooperation with Viet Nam in coffee and macadamia nuts, through exchanges on production experience, farming techniques and processing, and by connecting companies from the two countries. He said the sectors complement each other, opening opportunities to diversify agricultural collaboration, spur investment and add value to Mozambique’s farm produce.
The two sides praised the cooperation potential and said they want stable, long-term, mutually beneficial trade. They agreed to deepen cashew cooperation, make it more substantive and effective, and gradually shift from trading raw materials toward higher-value areas, including experience sharing, technical transfer, processing investment and building capacity to join global value chains.
They also stressed the need for closer coordination between IAM and the Viet Nam Cashew Association (VINACAS) to push information exchange and connect agencies, associations and companies in the two countries. On that basis, Viet Nam and Mozambique aim to gradually extend coordination to coffee, macadamia nuts and other promising agricultural areas, playing to each side’s strengths, supporting Mozambique’s sustainable agriculture and fostering economic and trade ties.
Source: VNA