Want to be in the loop?
subscribe to
our notification
Business News
VIỆT NAM TARGETS US$4.5 BILLION IN CASHEW EXPORTS FOR 2025
Figures from the first six months show cashew exports reached 346,800 tonnes, earning 2.36 billion USD, a drop of 2.7 per cent in volume but a surge of 20.4 per cent in value annually.
Workers pack cashew nuts at Đức Thịnh Production and Trading Co Ltd, former Bình Phước Province. — VNA/VNS Photo
HÀ NỘI — Việt Nam is aiming to export cashews worth US$4.5 billion in 2025, up 2.7 per cent year-on-year, according to the Ministry of Agriculture and Environment. To hit this target, the sector must generate around $2.2 billion in the second half.
Figures from the first six months show cashew exports reached 346,800 tonnes, earning $2.36 billion, a drop of 2.7 per cent in volume but a surge of 20.4 per cent in value annually. The rise was largely attributed to a significant increase in export prices, which helped offset lower shipment volumes.
The average export price in the first half stood at more than $6,805 per tonne, up 23.8 per cent compared to the same period in 2024. China, the US and the Netherlands remained Việt Nam’s top three cashew buyers, accounting for 22 per cent, 21.6 per cent, and 8.4 per cent of total export value, respectively.
Compared to the similar period last year, cashew export revenues rose by 41.2 per cent to China, 0.1 per cent to the US, and 22.4 per cent to the Netherlands.
To sustain growth, the ministry is calling for stepped-up efforts to tap into emerging markets with strong demand but limited Vietnamese presence, including the UAE and Saudi Arabia. The EU, now Việt Nam’s third-largest cashew market, has also shown consistent growth in recent years.
A further boost to the industry is the recent decline in raw cashew prices, down from $1,450 to $1,350 per tonne, which offers cost advantages for manufacturers ahead of the peak export season around year-end festivals and the Lunar New Year.
The Vietnam Cashew Association has forecast the global market to grow at an annual average rate of 4.6 per cent between 2022 and 2027.
In 2024, Việt Nam exported a record 730,000 tonnes of cashews, earning $4.37 billion, a year-on-year increase of 20.2 per cent. — VNS
Source: VNS
Related News
BANKING / FINANCE / INSURANCE / TAX
REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3
Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.
TECHNOLOGY
TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL
The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.
VIETNAM ECONOMY INVESTMENT
FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM
Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.
MEMBER CORNER / PROMOTIONS
SENTRYSAFE FHW40200 – PROTECT YOUR VALUABLES, ENJOY PEACE OF MIND!
Looking for a reliable solution to protect your important documents, cash, and valuables from fire and water damage? Genuine SENTRYSAFE - Reliable protection for your valuables and peace of mind! Contact Sen Wai Vietnam for more information and personalized product recommendations.
PROPERTY / INDUSTRIAL ZONE
HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES
HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY
Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.
Events Sponsors
