Cashew exporters from Ivory Coast explore cooperative opportunities with Binh Phuoc
A delegation from the Cashew Exporters Association of Ivory Coast (AEC-CI) held a working session with representatives from the Cashew Association of Binh Phuoc province on December 7 on cooperation possibilities between the two sides.
N'guettia Assouman, president of Cashew Exporters Association of Ivory Coast speaks at the working session. (Photo: VNA)
Binh Phuoc (VNA) – A delegation from the Cashew Exporters Association of Ivory Coast(AEC-CI) held a working session with representatives from the Cashew Association of Binh Phuoc province on December 7 on cooperation possibilities between the two sides.
The southeastern province of Binh Phuoc has more than 150,000 ha of cashew, accounting for nearly 50% of the total area under the trees in the country. It also leads the country in cashew nut processing capacity. However, local raw materials supplies have met only about 30% of the province’s processing capacity while the remaining 70% is imported from Indonesia, Cambodia and Africa.
AEC-CI President N'guettia Assouman said that Ivory Coast producesabout 1.2 million tonnes of raw cashew nuts a year. Of these, 800,000 tonnesare shipped abroad.
Assouman said he wishesto cooperate with businesses of Binh Phuoc in particular and Vietnamese firms in general, adding that AEC-CI commits toprotecting buyers from Vietnam and it expects similar action from the SoutheastAsian country.
💎 Assouman also voiced hope for trust building, limiting risks and fraud, and exchanging information withVietnamese partners more often in the coming time.
At the event, businesses and cashew exportersexpressed the desire for both sides to standardise contracts to minimisecontract disputes, improve product quality and ensure reasonable prices.
Vu Thai Son, Chairman of the provincial CashewAssociation, said in the coming time, Binh Phuoc plans to support and create favourableconditions for businesses who engage in trade cooperation with cashew-growingcountries to ensure stable supplies of imported raw materials, meeting the demandof businesses in the locality and minimising risks in terms of price andquality of inputs.
🧸 Dubbedas the “cashew capital” of Vietnam, Binh Phuoc exported 171,000 tonnes of cashew nuts last year, down 16.75% year-on-yearand imported 750,000 tonnes, a decrease of 27.37% year-on-year./.
The Trade Promotion Agency under Ministry of Industry and Trade (MoIT) stands ready to support and create favourable conditions for companies of Vietnam and Côte d'Ivoire to promote bilateral trade in the future, its director Vu Ba Phu has said.
The Ministry of Foreign Affairs on December 13 hosted a hybrid conference on cashew trade with Africa and measures to ensure the supply of raw cashew for Vietnam, gathering more than 70 representatives of ministries, sectors, localities, research institutes, import-export enterprises, and processing-production facilities.
“Salted roasted cashew nuts”, “Plain cashew nuts” and “White cashew nuts” have become the first to be recognised as 5-star OCOP (one commune one product) products at the national level of the southern province of Binh Phuoc – the country’s cashew “capital”.
The Vietnam Cashew Association (Vinacas) has advised firms to pay attention to ensuring quality and food safety to avoid unnecessary export-related risks given growing overseas shipments of cashew nuts, which are forecast to soar in the final months of the year.
In recent years, Vietnam's turnover from cashew nut exports has consistently held the top position in the world, with an annual value of approximately 3 billion USD.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
N'guettia Assouman, president of Cashew Exporters Association of Ivory Coast speaks at the working session. (Photo: VNA) 
