Cashew industry: Time to make a bold move

A recent national cashew forum in Hanoi sponsored by the Vietnam Cashew Association focusing on ways to promote sustainability of the industry, attracted hundreds of stakeholders. The primary constraint that stakeholders face, undermining their efforts to realize the full trade potential for cashews is lack of access to credit to obtain working capital to expand domestic production. This in turn has led to an overdependence on import of raw nuts from Africa, said Mr Nguyen Duc Thanh, chairman of Vinacas, which are more often than not, of low quality and riddled with contamination from aflatoxins.

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