Cashew production forecast to drop nearly 20 percent in 2017

Vietnam is expected to harvest only 0.87 tonnes of cashew nuts per ha in 2017, 0.21 tonnes or nearly 20% less than 2016’s output per ha, heard a conference in Ho Chi Minh City on June 1.

Le Van Duc, deputy head of the Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD), blamed the yield decrease on unseasonal rains in January-March, which destroyed cashew flowers.  

Meanwhile, local farmers have neglected extreme weather developments and diseases on cashew trees, said participating businesses. 

A report released by the MARD shows that cashew output in the southern province of Binh Phuoc contracted by about 17.41% per ha; southern Ba Ria-Vung Tau province, 15.13%; and the Central Highlands province of Lam Dong, over 50%. 

Representatives from cashew-growing provinces said the bad harvest was more noticeable in reality as several localities have yielded zero. 

Therefore, the country’s total cashew nut output is forecast to hit over 252,000 tonnes in 2017, decreasing nearly 52,000 tonnes compared with the previous year’s figure. The amount meets only around 15-20% of businesses’ demands for raw cashew nuts. 

Given this, Nguyen Trung Anh, director of the research and development centre of PAN Group, suggested local farmers pay more heed to intensive cultivation and technological improvement. 

Nguyen Duc Thanh, Chairman of the Vietnam Cashew Association (VCA), said the unexpected reduction may affect business plans of cashew processors. 

To ensure sustainable development for the cashew sector in the time ahead, he suggested the MARD adjust the national cashew development strategy until 2020 by expanding the cashew area from 340,000 ha to 400,000 ha. 

MARD Deputy Minister Le Quoc Doanh urged the VCA to boost its connectivity with localities and farmers to ensure stable cashew production areas. 

In 2016, cashew nut was Vietnam’s major farm produce, only behind coffee in terms of export value. The country shipped 348,000 tonnes of cashew nuts for US$2.84 billion, up 5.6% in volume and 18.4% in value from a year ago.

VNA

Other News

Vietnam accelerates innovation to boost growth, competitiveness

Vietnam accelerates innovation to boost growth, competitiveness

By 2030, Vietnam aims to rank among the world’s top 40 in the GII; raise total social investment in R&D to at least 2% of GDP, with non-State funding accounting for over 60%; increase international scientific publications by an average of 10% annually; and raise the number of patent applications and granted patents by an average of 16-18% annually.

Vietnam sees high growth prospects

Vietnam sees high growth prospects

Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.

Vietnam seeks bigger share of global Halal market

Vietnam seeks bigger share of global Halal market

Vietnam's Halal exports remain modest at around 900 million USD a year, accounting for less than 1% of the global market. Most exports are still raw agricultural and seafood products. Only around 1,000–1,300 Vietnamese businesses obtained or maintained Halal certification during 2024–2026.

Hanoi sets up inter-agency mechanism to operate carbon market

Hanoi sets up inter-agency mechanism to operate carbon market

Under a decision of the municipal People’s Committee on establishing an inter-agency working group, departments and agencies are responsible for identifying facilities subject to greenhouse gas inventories, developing emissions-reduction plans and studying projects capable of generating carbon credits.

Shrimp exports reach 3.3 billion USD in eight months

Shrimp exports reach 3.3 billion USD in eight months

According to data from the Vietnam Customs cited by the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached 478.5 million USD in August, up 4.2% from the same month last year. The eight-month total stood at 3.3 billion USD, representing a year-on-year increase of 12%.

Russian investors explore opportunities in Vietnam's real estate market

Russian investors explore opportunities in Vietnam's real estate market

Vietnam is seen as a potential market, with considerable room for growth in real estate, particularly commercial property, compared with some regional markets. Strong Vietnam-Russia ties and opportunities to establish foreign-invested enterprises are also considered favourable for Russian investors.

Phu Quoc airport planning adjusted to serve APEC 2027

Phu Quoc airport planning adjusted to serve APEC 2027

For 2021-2030, the Civil Aviation Authority of Vietnam proposed bringing forward the investment in a parallel taxiway system and a connecting taxiway north of Runway No. 2 at Phu Quoc International Airport, in order to connect with the aircraft maintenance and repair facility (hangar) planned for the northern area of ​​the airport.

Policy, infrastructure emerge as new advantages in FDI attraction

Policy, infrastructure emerge as new advantages in FDI attraction

From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.

Logistics upgrade vital to 1-trillion-USD trade target: experts

Logistics upgrade vital to 1-trillion-USD trade target: experts

As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.

Ample room for Vietnam, US to deepen cooperation

Ample room for Vietnam, US to deepen cooperation

Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.

Flexible fiscal policy helps drive economic growth

Flexible fiscal policy helps drive economic growth

According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.

Electronic components are produced at a factory in Hanoi. (Photo: VNA)

Hanoi's imports surge 41% in first eight months of 2026

Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.