Home   >   NEWS & VIEWS   >   News

  • It aims to increase industry productivity

    Jun 6th, 2016

    Keep the area stable but increased productivity that by intensive rehabilitation orchard is the goal that the Ministry of Agriculture and Rural Development (MARD) set for this sector in order to reduce dependence on crude import sew.

    In Official Letter No. 4509 / BNN-VP-TB on June 4-6, Le Quoc Doanh, Deputy Minister of Agriculture and Rural Development, said that the guidelines of the investment is to promote intensive cultivation, improvement of the orchard years is on track and continues to grow in the near future. The goal is that each hectare yielding 2 tons per season.

    According to the Vietnam Cashew Association (Vinacas), in recent years, thanks to growers that goes towards intensification, improvement should yield orchard of 2015 increased by 3 kg / hectare compared to 2013.

    According to the DCP, in the 2006-2013 period yield ranged from 8.5 to 9.5 which quintals / hectare, by 2014, thanks to intensive focus on productivity has increased 11.71 quintals / hectare, an increase of 2.3 kg / hectare, equivalent to 24.4% compared with 2013. compared with other countries, Vietnam is also the highest yield world things.

    However, with an area of ​​300,000 hectares level, domestic source of crude can not meet the needs of the processing and export of cashew in Vietnam. 2015, statistics from the Ministry of Agriculture and Rural Development shows that the amount of crude imports is 853 000 tonnes a year, the value of imports was US $ 1.12 billion, up nearly 48% and nearly 73% in value with 2014.

    In the first 5 months of this year, the volume of crude imports were 226,000 tons, worth 344 million US dollars, down 20.5% in volume but down 7.7% in value. According to Vinacas, crude prices have risen in recent months, and so now it's considering selling price in the coming months to decide to enter more or less, to avoid buying high raw materials, semi-finished product but with low price.

    Since 2006, Vietnam has surpassed India to become the largest cashew exporter in the world and this is associated with increasing dependence on imported raw materials. As businesses, once dependent of imported raw materials, branch of Vietnam still the potential risks in production and business activities.

    That is also why, MARD requested this sector, DCP and institutes and schools throughout the country working to increase productivity orchard by renovating, intensive and create new varieties to replace How these old varieties planted decades ago. The aim is to reduce the dependence on imports of raw materials in the coming years.

    According to MARD, in the first 5 months of the year, the volume of cashew exports totaled 119,000 tons, worth collecting about reaching 910 million US dollars, an increase of nearly 2% in volume but up nearly 10% in value.

    Source: The Saigon Times