cashew

Update news cashew

Vietnamese exporters have regained ownership of all 100 cashew nut containers that faced a risk of being swindled in Italy in March, said Tran Thanh Hai, deputy head of the Import-Export Department under the Ministry of Industry and Trade.

Last cashew nut containers in Italy scam freed

The last of the 35 cashew nut containers, the original documents of which were claimed by Vietnamese exporters to be missing because of a suspected scam, have been ultimately released under an Italian court rule.

Vietnam’s billion-dollar export strength in cashew nuts weakens

Vietnam has been the world's leading cashew nut exporter for the past 16 years, accounting for about 80% of the world’s total exports.

Vietnam’s cashew sector sets records in 2014

 VietNamNet Bridge – Vietnam’s cashew sector set records with its 2014 export revenue exceeding 2 billion USD for the first time, securing its place as the world’s top cashew exporter for the ninth straight year.

BUSINESS IN BRIEF 13/9

HCM City wants bio-fuel sold at more gas stations; EVN says extra 700MW for national grid this month; Cashew firms decry shortage of material; Draft investment law bans 11 business areas; Local steel firms concerned about Russian imports

BUSINESS IN BRIEF 8/7

 HSBC: Manufacturing drives H1 GDP growth; Cashew exporters seek SBV help; VPBank gets nod to acquire finance firm; Kinh Do to venture into coffee and cooking oil markets; VietinBank to sell VND1.5-trillion of bad debt to VAMC

BUSINESS IN BRIEF 11/11

 Firms with bad debt can still seek new loans; Smartphone market share expands; Assoc. says cashew business needs not be conditional now; HCM City to host International Cycle Show 2013; Tra fish industry caught in a trap

BUSINESS IN BRIEF 9/10

 WB forecasts Vietnam GDP at 5.3 percent in 2013; FPT Company among top 500 global IT companies; Vingroup seeks to lure property buyers; Refinery investment to double

BUSINESS IN BRIEF 5/4

Nearly 400 businesses to participate in VietnamExpo 2013; SBV has room to further cut deposit rates; Industrial production sees good signs; Vinacas wants to raise cashew nut prices

BUSINESS IN BRIEF 19/3

HCM City’s trade promotion focuses on regional countries; Gov’t pledges support for Samsung; Big home loan rate cuts unlikely: experts; Funds prioritized for key traffic projects in city

BUSINESS IN BRIEF 2/3

Vietnam – a major trade partner of Malaysia; Cashew exports likely to remain stable; Rising exports help boost trade surplus; Milk prices boil over after Tet; PM: Retail petrol prices remain unchanged

Vietnam exports hit the jackpots in first months of the year

Vietnamese exporters all have reportedly got overjoyed because they have obtained big orders, which gives one more reason to believe that the targeted 10 percent export turnover growth rate in 2013 is within reach.

BUSINESS IN BRIEF 1/1

Inefficient telecom firms to go bankrupt; Vietnam one of attractive destinations for tourists in 2013; State bank to offer USD1.9 billion in loans for house buyers; Industrial growth slows to 4.8 percent; ACB suffers big loss in gold business

BUSINESS IN BRIEF 28/12

Mai Linh to sell assets to clear VND500 billion debts; Many firms fail to pay social insurance; Power price hike hits steel, cement producers; Logistics needs 20,000 more laborers; 2013: good time for business startups

BUSINESS IN BRIEF 10/12

Expert claims tycoon arrest disrupts investor confidence; Real estate prices forecast to reach record low in 2013; FIEs gain US$10.5 billion in trade surplus; Even in rice export, the benefits are minimal.

BUSINESS IN BRIEF 7/12

Industry still leading tax contributor; Central growers fear damaging drought; Banks move on soft home loans; Fake goods pose economic and health risks; Rice output estimated at 43.7 mln tones in 2012; PPP likely brings in $80 billion in decade