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  • Vietnam will increase imports of cashew nuts from Cambodia

    Dec 8th, 2017

    Vietnam is expected to increase imports of cashew nuts from Cambodia as the government is seeking to simplify procedures for obtaining certificates of origin at the border as well as customs procedures.Vietnam is expected to increase imports of CambodianNguyen Duc Thanh, Chairman of the Vietnam Cashew Association, said Vietnam will increase its imports of cashew nuts in the near future, the Khmer Times website. know.

    At the end of November, a delegation of representatives from some Vietnamese enterprises visited and learned about the cashew market in Cambodia. The two sides discussed the Cambodian varieties as well as advanced cultivation techniques to help farmers save time and money, Thanh said.

    Mr. Sakhon also said that the Cambodian Ministry of Agriculture will try to simplify procedures to facilitate enterprises in applying for certificates of origin at the border crossings.Residents and traders in Pailin and Battambang (Cambodia) provinces are now able to apply online to apply for a certificate of origin for export cashew plots through the provincial department of trade. This is a pilot program of the Cambodian government and will be extended to other provinces in the near future.

    Vietnam is Cambodia's main export market for cashew nuts

    In 2016, Cambodia produced 104,268 tons of cashew nuts, of which 100,000 tons were purchased by cashew processing enterprises in Vietnam. The cashew nut of this country is currently selling at $ 2 per kilogram and processed cashew nuts at $ 17 per kilogram.

    Oum Oun, chairman of the Cambodian Cashew Association, said that domestic processed products are of poor quality with neighboring countries, especially Vietnam, due to lack of capital and skills. "The lack of understanding of processing and capital calling made them [the Cambodian companies] less competitive, so most of the fresh cashew nuts eventually fell into the hands of traders, and from there it was sold to Vietnam. South, "Mr. Oun explained.During the visit. In early November, Mr Sakhon called on Vietnamese investors to increase their capital in rubber and cashew processing plants in Cambodia.

    Vu Thang

    Source: Economy & Consumer