Binh Phuoc (VNA) – Cashew yield could surge up to 40 percent ifcomprehensive advanced technology is applied to cultivation process, expertssaid at a conference on the cashew sector held in the southern province of BinhPhuoc on May 5.
They stressed that this is a breakthrough solution to improve the performanceof the cashew industry apart from investment in advanced processing.
Atthe event, Minister of Agriculture and Rural Development Nguyen Xuan Cuong saidthat the cashew sector needs to channel focus on enhancing connections betweenenterprises and farmers.
Advanced processing and production linkages should receive due attention inorder to increase production growth and better cashew product quality, henoted.
Accordingto statistics from the Ministry of Agriculture and Rural Development, as of theend of 2017, Vietnam was home to 337,143 hectares of cashew, up 4,410 hectaresfrom the previous year. The cashew yield, nevertheless, remains low at under 1tonne per hectares.
There are over 465 cashew processing firms with total designed capacity of morethan 1.4 million tonnes per year. However, the number of small scale productionunits accounts for nearly 70 percent.
Vietnamese cashew has been present in over 90 countries and territories. Lastyear, the country raked in 3.6 billion USD from cashew exports.
Also, the country has set up a cashew processing industry, creating jobs in thefarming and processing sectors for nearly 1 million people.-VNA