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  • Rice Outlook: October 2023
    • Rice Outlook: October 2023

      In the global rice market, 2023/24 production is nearly unchanged from last month, forecast at a record 518.1 million tons, as upward revisions for Colombia and North Korea were almost fully offset by reductions for Japan, Argentina, and the United States.   Total global rice supplies in 2023/24 of 691.0 million tons are up 676,000 tons from the previous forecast, mostly due to a larger carryin by Indonesia, with total global supplies contracting for a second consecutive year. Global domestic and residual use in 2023/24 is projected at a record 523.5 million tons, up 806,000 from the previous forecast, with Indonesia accounting for the largest increase. Global ending stocks in 2023/24 are projected at 167.5 million tons, 130,000 tons below the previous forecast and 5.4 million tons smaller than a year earlier, with China accounting for the largest share of this month’s downward revision. These are the smallest global ending stocks since 2017/18.   Global trade forecasts for both calendar years 2023 and 2024 are raised this month, with 2024 export forecasts increased for Cambodia, China, the United States, and Vietnam. The stronger trade forecast for both years is mostly due to higher import forecasts for Indonesia. Despite this month’s upward revisions, global rice trade in both 2023 and 2024 is forecast below 2022, mostly due to export restrictions by number-one exporter India that have reduced global exportable supplies and raised prices this summer.   After rising sharply in late summer, Thailand’s trading prices have declined due to a weaker baht. Price quotes from Vietnam are up slightly on strong demand from the Philippines and tighter supplies but remain below late-summer levels. South American export price quotes continue to rise. Price quotes for U.S. long-grain milled rice remain unchanged at near-recordhigh levels. Price quotes from sellers for California medium-grain milled rice have dropped about a third from last month’s record highs since the California harvest began in late September on an expected significantly larger crop.
  • Vietnam’s Agricultural Sector: Rising Star in Food Production
    • Vietnam’s Agricultural Sector: Rising Star in Food Production

        Vietnam’s plant-based agriculture is experiencing rapid growth and Vietnam is becoming a key player in global agriculture. Here’s what potential foreign investors should think about when considering entering Vietnam’s agricultural sector.   Vietnam has been selected by the United Nations to host the 4th Global Conference of the One Planet Network’s Sustainable Food Systems Programme in April this year. This will bring together experts from around the world to discuss how best to develop ‘sustainable, resilient, healthy, and inclusive food systems’.   At the same time, the World Economic Forum (WEF) has selected Vietnam as one of the first three countries to pilot the Food Innovation Hub, a flagship initiative of the Food Action Alliance designed to improve sustainability in food production.   As Vietnam becomes more visible on the global agricultural stage, we take a look at sector exports, opportunities for foreign investors, and some of the growth challenges moving forward.     In 2022, Vietnam’s agricultural sector experienced its highest growth in recent years reaching 3.36 percent. Of this figure, farming increased by 2.88 percent, fisheries increased by 4.43 percent, and forestry increased by 6.13 percent. The export turnover of the whole industry was over US$53.22 billion.   Vietnam currently exports a broad range of agricultural products all over the world. Its main exports are cashewnuts, coffee, and rice – accounting for just over US$5.7 billion worth of agricultural exports in 2021.
  • Lemons vs. Limes: What’s the Difference?
    • Lemons vs. Limes: What’s the Difference?

        Limes are small, green, and more tart than lemons, which are larger, oval-shaped, and yellow. Nutritionally, they’re almost identical and share many of the same potential health benefits.   Lemons and limes are some of the most popular citrus fruits in the world.   Though they have a lot in common, they’re also distinctly different.   What are lemons and limes? Lemons and limes are two kinds of fruit that — though genetically different — are closely related.   Some experts believe that lemons were created as a hybrid of lime and citron — a large, thick-rinded citrus fruit. However, this is merely one of many origin theories .   Both lemons and limes — as well as oranges, tangerines, citron, and grapefruit — belong to the broader category of citrus fruit.   Lemons and limes are now grown all over the world. Yet, lemons — formally known as Citrus limon — are typically grown in moderate climates, while limes — or Citrus aurantifolia — grow better in tropical and subtropical regions .   Both fresh and processed forms of lemons and limes are utilized in a number of different industries.   These two fruits are well known for their acidic, sour flavor and featured in a variety of culinary applications around the world. They may be used in cooking, food preservation, or simply to impart flavor.   The essential oils of lemons and limes are often used for cosmetic and medicinal purposes. They’re also included in many household cleaning products for their fragrance and antibacterial properties.
  • Vietnam : Import Export 2022
    • Vietnam : Import Export 2022

        In 2022, Vietnam’s merchandise trade with Asia will reach 475,29 billion USD, up 9,6% compared to 2021, continuing to account for the highest proportion (65,1%) in the total value—import and export of the country.     1.      Overview:   In 2022, the total import-export value of Vietnam's goods reached 730,2 billion USD, up 9,1% (equivalent to 61.2 billion USD) compared to 2021. The export value is 371,3 billion USD, up 10,5%, corresponding to 35,14 billion USD increase over the previous year; import value was 358,9 billion USD, up 7,8%, equivalent to 26,06 billion USD.   The balance of trade in goods for the whole year 2022 reached 12,4 billion USD, The General Department of Customs recorded the total import and export value of foreign direct investment (FDI) enterprises in 2022 to USD 506.83 billion, up 9,3% (equivalent to USD 43,22 billion) compared to 2021. The export of goods of FDI enterprises in 2022 of FDI enterprises to USD 273,63 billion, an increase of 11,6% (equivalent to an increase of USD 28,5 billion) compared to 2021. It accounted for 73,7 % of total export value of the country.   2.       Import-Export Market   In 2022, Vietnam's merchandise trade with Asia reached 475,29 billion USD, up 9.,% compared to 2021, continuing to account for the highest proportion (65,1%) in the total value—import and export of the country.   The import-export value between Vietnam and other continents is respectively: the Americas: 153,73 billion USD, up 10,5%; Europe: 75,45 billion USD, up 2,8%; Oceania: 17,62 billion USD, up 24,3% and Africa: 8,1 billion USD, down 3,9% compared to 2021.   3.       Export   In 2022, the total export value of Vietnam reached 371.3 billion USD, up 10.5%, corresponding to 35,14 billion USD increase over the previous year. Which, other machinery, equipment, tools, and spare parts increased by 7,43 billion USD; footwear of all kinds increased by 6,15 billion USD; textiles and garments increased by 4,82 billion USD; computers, electronic products, and components increased by 4,74 billion USD; seafood increased by 2,04 billion USD.  
  • hopeful Qatar-Vietnam trade to cross $1bn in 2023
    • hopeful Qatar-Vietnam trade to cross $1bn in 2023

      Envoy hopeful Qatar-Vietnam trade to cross $1bn in 2023   According to The Peninsula   The longstanding diplomatic relationship of Vietnam and Qatar, which recently marked its 30th anniversary, is flourishing at an unprecedented pace, bolstered by the exchange of high-level officials between the two nations.   This robust momentum is set to continue as numerous delegations from ministries and businesses in both countries prepare to visit each other in the coming months, strengthening their ties and exploring new avenues of collaboration, according to a top official.   Ambassador of Vietnam to Qatar, H E Tran Duc Hung told The Peninsula that the diplomatic ties between Qatar and Vietnam, established in 1993 are “developing very fast especially with the visit of Qatar’s then-Deputy Prime Minister, H E Sheikh Mohammed bin Abdulrahman Al Thani, who is now the Prime Minister, to Vietnam at the end of last year and the recent visit by Vietnam’s Vice President, H E Vo Thi Anh, to Qatar this year.”   “Many delegations of different levels from Ministries, provinces and businesses from Vietnam and Qatar are going to visit each other in the coming months to foster ties and seek cooperation opportunities.”     The envoy highlighted the multifaceted development of the comprehensive relationship, with notable agreements such as the visa-free travel for diplomatic and official passport holders between the two countries last year.   He emphasised that Qatar has become an essential partner for Vietnam in the Middle East, fostering enduring friendship and cooperation since the establishment of diplomatic relations.   Meanwhile, trade volume between Qatar and Vietnam saw a significant increase in 2022, reaching $550m, compared to $350m. Ambassador Hung expressed optimism that this figure would surpass $1bn in the current year, attributing the growth to Vietnam’s exports of seafood, rice, fruits, and other agricultural products, as well as imports of non-natural materials.    Energy, labour, and investment cooperation are also emerging as top priorities in the bilateral relationship. The Embassy of Vietnam in Qatar is actively collaborating with relevant ministries and agencies to reinstate mechanisms of cooperation, such as the Joint Committee on economic, trade, and technical cooperation or sub Joint Committee in the labour field.   Currently, there are over ten memoranda of understanding and agreements between the two nations. Ambassador Hung stressed the need to upgrade and expand these agreements, recognising that they were initially established under the leadership of Father Amir H H Sheikh Hamad bin Khalifa Al Thani and now require enhancement and extension to meet the evolving needs of Qatar-Vietnam relations.
  • Vietnam to Kuwait: Al Qattan’s love for everything Vietnamese
    • Vietnam to Kuwait: Al Qattan’s love for everything Vietnamese

        Vietnamese stores and products are a rarity in Kuwait although the trade exchange between the two countries has been witnessing remarkable development in recent years. In 2022, Vietnam exported goods worth $500 million to Kuwait, including, but not limited to, textiles, agricultural products, electronics, and manufactured goods. When compared to other Southeast Asian products sold in the country, Vietnamese products in Kuwaiti supermarkets remain severely limited.   One Kuwaiti national has made it his mission to change this. Growing up, Louay Al-Qattan dreamed of traveling, and he learned about Vietnam largely through Western media. Although he claims that the way Vietnam is depicted in films is wildly different from reality, they prompted him to explore this charming country. “I loved Vietnam from my first visit, and I dreamed of bringing her to my own country with pride, love, and enthusiasm,” recounts Al-Qattan.   With high hopes to introduce the novelty of Vietnamese products in Kuwait, he opened a modest shop in the shopping area of Al-Zahraa Cooperative Society. As of 2018, Al Zahraa has a population of over 30,000 people with a cooperative to sell products and provide services to the population. Al-Qattan picked the cooperative association as the first place to promote quality Vietnamese products, thanks to its size and the presence of an area designated for merchandise promotion. His pavilion sells high-quality food and drinks and offers exceptional Vietnamese coffee, tea, and everything from chocolate to lotus jam to wooden sticks. Al-Qattan even took part in an event to promote his kiosk before Ramadan. Adorned with banners and conical hats shaped from palm leaves, the tiny pavilion is an interesting creation that displays Vietnam’s unique culture.   Apart from owning a tourism service company, Al-Qattan believes he has a lot to do for Vietnam. Thanks to his efforts, the Vietnamese Embassy and Commercial Office in Kuwait provided him with facilities to participate in meetings and get-togethers with Vietnamese businessmen and citizens in Kuwait. He took advantage of these opportunities to share his feelings about the beautiful country which holds a special place in his heart.   With the support of representative offices of Vietnam in Kuwait, Al-Qattan communicated with the coffee, chocolate, and wooden agarwood companies in Vietnam, He came across the opportunity when the companies displayed their products at the Kuwait Horeca 2023 exhibition, a significant event for the restaurant, hotel, and café industries in Kuwait. The presentation was held at the Kuwait International Exhibition Center from 6 to 8 March.   Al-Qattan said, “I was allowed to display the products of Vietnamese companies and decorate the pavilion with special materials. I also made a t-shirt for my children, with ‘Vietnam’ written on it. After school, they would bring a tray of Vietnamese coffee and wander around the commercial area. If someone wanted to try a new type of coffee, they would ask us about its origin.”   Owing to his commercial experiences in Kuwait, Al-Qattan pointed out the need to identify reliable information channels to push tourism and trade in Vietnam and introduce more Vietnamese products in Kuwait.   He added, “To promote the image of Vietnam, we must focus on people who have traveled to Vietnam. Even if they are not famous, they may have millions of followers, and they can contribute to spreading information because these followers have great confidence in them.”   “Only if the people working in the tourism sector talk about what Vietnam has to offer, will those who love Vietnam talk about the country with their sincere feelings, something Kuwaitis always love to listen to. Once we find a group of people who share our love for Vietnam, then promoting products is easy,” stated Al-Qattan, after emphasizing that feelings and love for a certain thing are what make all the difference.   He talked about how cooperative societies in Kuwait enjoyed a high competitive ability, as the same product could be expensive in one place and cheap in another. He said that Vietnamese products would help cooperatives attract more visitors, and through them, information would spread quickly. “I want to create a pavilion of Vietnamese goods, and only from there do I want to lay a foundation for the expansion of Vietnamese products in Kuwait in the future,” he stated.   Al- Qattan also talked about all the experiences and knowledge he had amassed through his travels, like when he learned of Vietnam’s expertise in growing and exporting coffee during his visit to the Son La Province along with Hanoi and Ho Chi Minh City.   He also recalled how the image of the ‘cyclo’- a three-wheeled bicycle taxi in the streets of Hanoi left a strong impression on him and led to his goal of creating a pavilion of Vietnamese products in Kuwait with the image of the cyclo imprinted.   Louay Al-Qattan plans on returning to Vietnam in September and hopes to visit  
  • 9 POPULAR COFFEE GROUND PRODUCTS ON THE MARKET.
    • 9 POPULAR COFFEE GROUND PRODUCTS ON THE MARKET.

        Coffee grounds are a valuable source of raw materials but have not been applied much in life. Utilizing grounds sources in production can create a variety of products from coffee grounds with outstanding characteristics. However, not everyone knows what products from coffee grounds are currently on the market.   Raw materials for producing products from coffee grounds What are coffee bioplastics? Coffee bio-composite is a source of raw materials used for the production of bioplastic products. Coffee bioplastics are made from two main materials: coffee grounds and PP plastic. Because bioplastic beads contain coffee grounds, they have the ability to completely decompose in the natural environment when buried.   Bioplastic granules are used as raw materials to produce products from coffee grounds The birth of bioplastic pellets is to provide manufacturers with an optimal source of raw materials that can replace conventional plastic pellets on the market today. Coffee bioplastics are used to produce a variety of products in life. Each product from coffee grounds will have its own unique characteristics, but they still have some similarities.   General characteristics of products from coffee grounds 1. Biodegradability Biodegradability is one of the highlights that products made from coffee grounds do much better than regular plastic products. 6 months to 12 months is the time it takes for a product made from coffee grounds to decompose in a favorable environment. It will decompose into water, CO2 or biomass, these inorganic substances are very beneficial for the soil and plant environment.   Products made from coffee grounds with biodegradability create environmental friendliness Currently, biodegradation is an element that natural products need to have because of the environmental friendliness they bring. Shorten the decomposition time from several hundred years to a few years. Thereby reducing the amount of plastic waste that exists outside in nature every day, protecting both the earth and us   2. Carrying the scent and color of coffee Each product made from coffee grounds will carry an attractive and special coffee scent, creating a feeling of closeness to nature and mental comfort. The products also possess the characteristic brown color of coffee.   Products made from coffee grounds have an attractive coffee scent   3. Retains PP plastic properties Although products from coffee grounds are sourced from renewable materials, the product quality is not reduced because it still has PP plastic characteristics of durability, high impact resistance, and heat resistance. Each individual product made from coffee bioplastic beads not only retains the same characteristics as products of the same type but also carries additional outstanding features that bioplastics bring.   4. Contains no harmful substances Another worthy reason to use products from coffee grounds is the safety for the user's health. The product contains absolutely no toxic substances harmful to humans such as BPA, Styrene, colorants or phthalates. The above substances will cause many dangerous diseases such as cancer, stomach diseases, immunodeficiency...   9 popular coffee grounds products today Products made from coffee grounds are still new on the market today, but there are still products that receive a lot of attention and are purchased in large quantities from customers. Knowing about products from coffee grounds will give you more options to use safe and environmentally friendly biological products. All products below are made from coffee bioplastic beads with outstanding advantages.   1. Togo cups As a product that receives a lot of attention and love from customers, to-go cups include a body and a lid, extremely suitable for storing take-away drinks, and can be reused many times to help limit Avoid using disposable plastic cups. With its luxurious brown color and embossed design, this is also considered a meaningful gift. Because it is made from coffee bioplastic, togo cups also retain heat for drinks longer.   2. Cup from coffee grounds The next product made from coffee grounds that is also warmly welcomed by customers is a cup made from coffee grounds. In terms of characteristics, this cup is not too different from the to-go cup. Cups made from coffee grounds can be used at the desk or taken to a cafe for drinks instead of cups at the shop. 400ml capacity and unique power button handle design to avoid falling.   3. Coffee bio-plastic ballpoint pen The biological ballpoint pen product made from coffee grounds is convenient and can be used anywhere when needed. Pen shell: made of coffee bioplastic, natural coffee brown color, biodegradable, environmentally friendly. Does not contain toxic substances that are dangerous to the health of people who have the habit of biting pens.   4. Coffee biological straws Coffee bio straws are a replacement for regular plastic straws. Like plastic straws, coffee bio straws possess a certain flexibility, do not break and are better than plastic straws in that they can decompose quickly and are beneficial to nature.   5. Coffee bio-waste bag Garbage bags made from coffee grounds possess a certain flexibility and toughness, and do not contain toxic substances such as lead found in traditional plastic. Using coffee bio-waste bags instead of plastic trash bags is a right decision in prioritizing the use of products from coffee grounds and contributing to environmental protection from plastic waste.   6. Coffee bio-nonwoven fabric Nonwoven fabric is a product of interest today because of the convenience it brings. Coffee bio-nonwoven fabric was born to meet the needs of users. The application of coffee nonwoven fabric can create a variety of products with standard quality with good properties of absorbency, softness and fire resistance.   7. Disposable plastic coffee cups Disposable plastic coffee cups are a product made from coffee grounds newly launched on the market. Considered a modern version and following the green trend, disposable plastic coffee cups are no different from other disposable plastic cups but bring positive effects to the earth when thrown away. Disposable bioplastic coffee cups do not release toxic chemicals when in direct contact with hot drinks, protecting human health.   8. Knife, spoon, fork set We are no strangers to disposable dining utensils such as knives, spoons, and forks. With high frequency of use every day, the amount of plastic waste they generate is huge. Knife, spoon, and fork sets made from coffee grounds will be the solution to the above situation. A delicious box of food paired with products made from coffee grounds is not only a delicious meal but is also meaningful to the environment.   9. Personal hygiene products Products from coffee grounds are also present in your daily personal hygiene routine such as brushes and razors made from coffee bioplastic beads.
  • Types of Organic Straws to Replace Plastic Straws That You Should Use
    • Types of Organic Straws to Replace Plastic Straws That You Should Use

        Are you worried that using plastic straws pollutes the environment? Are you a smart consumer who always cares about products that are safe for your health? Let's learn about organic straw products that are perfect replacements for plastic straws in the article below!   What is an Organic Straw? Organic straws are straw products made entirely from natural materials, do not contain chemicals or toxic substances and are biodegradable to help protect the environment. In the Vietnamese market, there are many types of organic straws produced and have become one of the smart consumption trends in modern life.   Why Should You Use Organic Straws to Replace Plastic Straws? Plastic is a popular material in manufacturing because of its durability, flexibility and ease of shaping. However, plastic straws are one of the leading causes of serious environmental pollution. Every year, more than 8 million tons of plastic waste is dumped into the ocean, of which plastic straws are one of the 10 items that pollute the ocean the most. After only a few minutes of use, plastic straws must last hundreds, even thousands of years, before they can completely decompose in nature.   Unlike plastic straws, organic straws are made from 100% natural materials so they can biodegrade in a short time. Not only that, organic straws do not contain plastic, are non-toxic, and are safe for users' health. For the sake of the living environment and for our own health, let's use organic straws to replace plastic straws!   Advantages and Disadvantages of Organic Straws To start a new habit, everyone must go through a period of getting used to it, adapting, and then unconsciously performing that habit. Similar to gradually switching to using organic straws to replace plastic straws, you also need time to adapt to this change. Here are some advantages and disadvantages of organic straws to help you quickly overcome this "getting used to" stage!   Advantage: - Organic straws are made entirely from natural materials, do not contain plastic, have a fast decomposition time, and do not pollute the environment. - The product does not contain chemicals or toxic substances, and is completely harmless to health - Organic straws have the ability to completely decompose in the natural environment after only a short time of discharge.   Defect: - Organic straws are quite difficult to preserve, store and transport - This product still has some limitations in design and color. - Popular Types of Organic Straws on the Market   Self-destructing grass straws: Grass straws are natural straws made from materials very close to humans, the grass plant. This type of grass is widely used in the production of handicrafts, cushion weaving, hat making,... and now straws. Grass straws have many outstanding advantages compared to other straws: they can easily decompose after being discharged into the environment and become nutritious compost for soil and plants.   Edible rice straws   An equally popular type of straw is the rice straw. This is an edible straw made from Vietnamese rice grains that are absolutely safe for the user's health. Rice straw products can also be eaten, a completely special feature compared to other types of organic straws.   Coconut straws   Coconut straws are manufactured with exclusive technology in Vietnam, made from 100% fermented coconut water, giving users many interesting experiences. Coconut straws are loved because the product has a unique ivory white color and can biodegrade within 3 - 6 months.   Coffee grounds straw Currently, on the market, coffee straws are also of interest to many consumers. This is a type of straw made entirely from coffee grounds. The straw has a brown color similar to the color of coffee, suitable for many types of drinks. The product is 100% environmentally friendly, completely decomposing within 6 months.   Sugarcane bagasse straw   After being processed according to regulations, bagasse will be utilized to produce environmentally friendly bagasse straws. Bagasse straws have a pleasant sweet scent, especially suitable for drinks such as juices, cocktails, smoothies, etc. Bagasse straw products have a bright yellow-brown color, do not soften or disintegrate in water, so considered the perfect replacement for plastic straws.   Bamboo straws   Taking advantage of the popular bamboo raw materials in Vietnam, bamboo products appeared and became a trend in green consumption. The biggest advantage of bamboo straws is their high durability and can be reused many times. Bamboo straws are small, lightweight, easy to clean and suitable to carry with you for use when needed.   Paper straws   The last product on the list of popular organic straws is paper straws. Paper straws have been on the market for a long time, even before plastic straws. Starting from the simple idea of Mr. Marvin Stone, an American, he rolled a piece of paper around a pencil, fixed it by taping, thus the first paper straw was born. He was also granted a patent for this paper straw in 1888. After the introduction of plastic straws, they dominated the straw market because paper straws, when used for a period of time, will disintegrate in water. However, with many serious consequences, paper straws began to be produced and trusted again.   Gradually limiting single-use plastic products and supporting organic products is a smart choice, helping to protect the living environment, protect the ocean and protect planet Earth for future generations.
  • World Bank: Vietnam's industrial production and retail grew in August
    • World Bank: Vietnam's industrial production and retail grew in August

      According to the World Bank, both Vietnam's industrial production index, retail sales and credit growth increased slightly but were not equal to the period before the COVID-19 epidemic. The World Bank's August 2023 report said that the industrial production index increased slightly by 2.6% (over the same period) in August, due to industrial production for domestic consumption continuing to expand, At the same time, monthly export activities also increased slightly from May to August 2023.   In addition, retail sales increased 7.6% (over the same period) in August, compared to 5.1% (over the same period) in July, but are still much lower than pre-COVID levels. -19 (11 – 12%). While merchandise sales increased slightly, services revenue continued to grow strongly, largely due to the expansion of tourism and hospitality services.   The World Bank said that credit growth increased from 9.0% (over the same period) in July to 9.4% (over the same period) in August 2023, but is still much lower than the recorded level. received in the pre-pandemic period and is still below the annual credit ceiling set by the State Bank of Vietnam for 2023 (14%).   According to the World Bank, Vietnam's industrial production, retail sales and credit growth all increased slightly. According to the World Bank, Vietnam's industrial production, retail sales and credit growth all increased slightly.   According to the World Bank, this credit growth is low, despite four cuts in policy interest rates and deposit/lending interest rates by the State Bank in the period from March to June and abundant market liquidity - a reflection Private sector investment continues to be weak, including in the real estate sector, and investor confidence is weak.   Meanwhile, exports and imports of goods continue to decrease by 7.3% (over the same period) and 8.1% (over the same period) in August 2023, respectively. However, monthly import and export activities have improved continuously since May, suggesting that the decline in export activities may have bottomed out.   Also according to the report, inflation calculated by CPI increased from 2.1% (over the same period) in July to 3.0% (over the same period) in August, reversing the downward trend in the previous 6 months. which, in which food and housing continue to be the two main causes.
  • Vietnam Cashew Nuts: How is its quality? Why should you buy it?
    • Vietnam Cashew Nuts: How is its quality? Why should you buy it?

        With the characteristics of shape, smell, and taste, cashew nuts in Vietnam are recognized as one of the best quality cashew nuts in the world. In particular, in 2020, Vietnam ranked No. 1 in the world in terms of export cashew output.   From the cashew nuts market in the world to Vietnam cashew Cashew trees originate from Brazil in the tropics of South America and are gradually distributed to Africa, Asia, and Australia. Today, cashew trees are widely grown all over the world. Cashew trees can withstand places with diverse and harsh climatic conditions. As a high-temperature plant that is very sensitive to cold, the tropical climate with a distinct dry season is the right condition for the cashew tree to grow best.   Vietnam-export-cashew-nuts In 2020, Vietnam is no.1 in exporting Cashew nuts According to the FAO in the world, there are currently over 32 commercial cashew-producing countries. Here are the top 10 cashew-growing countries in the world today: India, Vietnam, Brazil, Nigeria, Tanzania, Indonesia, Guinea, Bissau, Cotolvore, Mozambique, and Benin. Cashew has gradually become an official crop of special interest to develop. It holds an important position in the agricultural market of a number of tropical and subtropical countries.   From a small country exporting raw cashew nuts to the world’s biggest exporter of cashew kernels in the last 30 years. Vietnam has exported cashew kernels to over 90 countries and territories, accounting for over 80% of global cashew exports.   Vietnam is fortunate to possess the advantages of a tropical climate and fertile soil. In addition, Vietnam is a country with development in agriculture, has the experience and good conditions for growing, and the people’s skills are high. Therefore it is possible to produce high-quality cashews, giving consumers quality cashews that are delicious and best for health.   Taste of cashew nuts Vietnamese cashew nuts have a very characteristic greasy, fleshy taste. Each seed will bring the full flavor of lightly salty, fatty, fragrant, and sweet aftertaste. Roasted Vietnamese cashews will be very crispy, full of flavor in the mouth because of their specific taste. When you eat, you will remember it.   Appearance of cashew nuts Appearance-of-cashew-nuts-in-Vietnam Appearance of cashew nuts in Vietnam About the form, Vietnamese cashew kernels (especially Binh Phuoc cashew nuts) are mostly dense, like thick bread. Although not as big as foreign cashew products, Vietnamese cashews are very sturdy, evenly large, with a full belly, not flat, wings of Vietnamese cashews are also stronger to protect the seeds inside.   About the color, Vietnamese cashews have a milky white color (some places are slightly ivory) uniform throughout from all positions of the kernel, not that the outside is different from the inside.   Smell The smell of Vietnamese cashews, whether it’s raw nuts to processed nuts, has a delicious smell, without loss of smell.   Cashew nuts in Vietnam are always strictly processed and preserved so that the quality can be kept intact for 6 months, and can be used up to 1 year from the date of manufacture. In particular, cashews exported from Vietnam do not have the smell of oil – a special point. That makes Vietnamese cashews the best choice for you, making your dishes and products made from cashews more delicious and fragrant than ever.   Vietnam cashew nut export situation in 2021 According from the General Department of Customs, the average export price of cashew nuts in Vietnam in November 2021 reached 6,505 USD/ton. Price of cashew nuts  down 1.6% compared to October 2021, but up 6.0% compared to November 2021. In the first 11 months of 2021, Vietnam’s average export price of cashew nuts reached $6,288/ton, up 0.2% over the same period in 2020.   Compared to November 2020, Vietnam’s cashew nut exports increased sharply, except for China, the UK, and Russia. In the first 11 months of 2021, cashew nut exports to the US, China, Netherlands, Germany, and Canada increased.   To achieve the above positive results thanks to the efforts of cashew nut processing and exporting enterprises, they still maintain production and ensure supply, despite the complicated developments of the 4th Covid-19 wave.   In addition, new generation FTAs ​​help Vietnam’s cashew industry to boost exports to key and potential markets such as EU member markets, Russia, Canada, the UK, and Japan. Notably, Vietnam’s cashew industry maintains export growth to the US market, the largest and most important export market.
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