Logo of Phnom Penh Post newspaper Phnom Penh Post - Vietnam pays to fortify local production of cashews

Vietnam pays to fortify local production of cashews

A worker holds freshly picked cashew nuts on a plantation in Kampong Cham province’s Batheay district.
A worker holds freshly picked cashew nuts on a plantation in Kampong Cham province’s Batheay district. Sovan Philong

Vietnam pays to fortify local production of cashews

The Vietnam Cashew Association (Vinacas) gave the Cambodian Ministry of Agriculture a $66,000 grant late last week to support cashew production in the Kingdom, according to ministry officials.

According to Hean Vanhan, director general at General Directorate of Agriculture, the grant will go toward enacting a four-year plan that will see 1 million cashew trees planted on a new 500,000 hectare farm by 2022.

“We are planning to plant one million cashew trees in order to build up the capacity of our cashew production,” he said. “The main market for raw cashew nuts is Vietnam, and Vinacas wants to build a strong relationship with us for the future, so that we will have enough cashews for export.”

He added that no agreements had yet been made for future cashew exports to Vietnam, but that a deal was expected to be forged in the near future.

In the first 11 months of this year, Cambodia exported 71,293 tonnes of raw cashews to Vietnam, Thailand, China and India. Vietnam alone absorbed 98 percent of these exports. Vietnam exports approximately 3.2 million tonnes of processed cashews to the international market each year.

MOST VIEWED

  • All inbound flights set to face added scrutiny

    Ministry of Health spokesperson Or Vandine said on Monday that the ministry is monitoring all inbound flights, after it was announced that only those from Malaysia and Indonesia will be temporarily cancelled from August 1. Vandine said on Monday that the two countries were identified as

  • Flights from Indonesia, Malaysia cancelled

    A Ministry of Health official has warned of the possibility of Covid-19 spreading through community transmission after the total infected cases in the Kingdom rose to 225. Ministry spokeswoman Or Vandine told reporters on Saturday that the possibility of community transmission cannot be overlooked and that

  • Man in quarantine dies of ‘overdose’

    The Ministry of Health on Thursday said a Cambodian migrant worker who died while being isolated at a quarantine centre in Tbong Khmum province’s Kroch Chhmar district may have died from syncope or overdose of tablets. In a statement, the ministry said the 21-year-old