Cashew firms asked to make up output fall with product quality
The Vietnam Cashew Association (Vinacas) has asked its members to pay greater attention to improving the quality of cashew to raise its value amidst slumped production.
HCM City (VNA) – The Vietnam CashewAssociation (Vinacas) has asked its members to pay greater attention toimproving the quality of cashew to raise its value amidst slumped production.
Vietnam has suffered a sharp fall in both cashewproductivity and output in 2017 crop due to abnormal weather conditions, DangHoang Giang, Vinacas Vice President and General Secretary said at a conferenceon July 12 in Ho Chi Minh City to review the sector’s performance in the firsthalf of this year.
He noted that cashew productivity of farms in highhills reached only 20 percent of that in 2016, while the yield of farms ownedby experienced farmers was only 50 percent, with the quality of cashew seriouslyaffected.
Vinacas has asked for authorized agencies’ support inseeking economic and technology measures to boost the growth of cashew treesfor better crops in 2018, as well as ways to detect diseases and insect risksand the research for better cashew varieties that are more resilient to extremeweather conditions.
However, Giang said that cashew price this year hit arecord at about 50,000 VND per kilo of dried cashew nut compared to 38,000 VNDin 2016. The price is expected to continue rising in the rest of the year, headded.
According to Vinacas, this year, the cashew sectortargets an export volume of 320,000 tonnes of cashew nuts, a drop of 9.14percent year on year and a revenue of 3.3 billion USD.
The association also suggested that enterprises ensurecashew materials for export, while applying advanced technology, foster theirconnection in production and expand market for their products.-VNA
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Illustrative photo (Source: VNA) 
