14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Vietnam’s cashew exports in H1 hit $2.34 billion

Huy Hoang

Jul 17, 2025 / 04:31 PM

Besides the Chinese market, Vietnamese firms are expected to expand across Asia, and further into the US and European markets.

THE HANOI TIMES — Vietnam reaped US$2.34 billion from cashew exports in the first half of 2025, up 19.8% on year, driven by higher export prices.

The average export price was US$6,812 per ton, which was 23.9% higher than in the same period in 2024.

China was Vietnam’s largest cashew importer in H1, with export value rising 45% to US$526 million. Accordingly, China accounted for 22% of Vietnam's total exported cashew volume, followed by the US with 21.6%, and the Netherlands with 8.4%.

Hình ảnh 1 — Vietnam's three largest cashew buyers are China, the US, and the Netherlands. Photo: VGP

According to the Ministry of Agriculture and Environment, the whole year's target for cashew exports is $4.5 billion, up 2.7% on year.

To increase exports, the Ministry of Industry and Trade has advised Vietnamese firms to maximize opportunities in China and other Asian markets while improving quality, competitiveness, and traceability to regain market share in the US and expand further in the EU.

In 2024, Vietnam shipped a record high volume of 730,000 tons of cashew nut, generating $4.37 billion, representing an increase of 20.2% in value compared to the previous year.

Vietnamese firms seek to export to South Korea

10 Jul, 21:46

The goal of Vietnamese businesses aims to seek buyers and connect with strategic partners at the fair.

Vietnam targets US$3.3 billion rubber exports for 2025

03 Jul, 21:40

Vietnam's rubber industry needs to concentrate on a range of strategies customized for each major market.

Vietnam targets $65-billion agri-forestry-fishery exports this year

01 Jul, 16:50

Vietnam’s agri-forestry-fishery exports hit $33.5 billion in the first half (H1) of this year, making the full-year target possible.

Hanoi’s Party chief outlines agenda at voter meeting

The candidates pledge institutional reform, infrastructure upgrades and a stronger focus on science, technology and public services as the capital prepares for the 16th National Assembly term.

28 Feb, 06:00 PM

Young generation steps up to power climate action

As climate risks intensify across Southeast Asia, young people are being called upon to move from awareness to action, harnessing technology, creativity and policy engagement to accelerate environmental solutions.

26 Feb, 06:32 PM

Hanoi positions itself at forefront of implementing key Party resolutions

The three resolutions on education, healthcare reform and cultural development are closely interconnected and mutually reinforcing, all directed toward building a capital that is cultured, civilized, modern and happy.

25 Feb, 03:48 PM

Party Chief urges stronger state economy and cultural drive

Developing the state economy and Vietnamese culture forms the twin pillars of a unified development strategy, one strengthening material capacity, the other reinforcing cultural and social resilience.

25 Feb, 03:19 PM

Putting people first: Making happiness Hanoi’s measure of success

A central message of the 14th National Party Congress and the 18th Congress of the Hanoi Party Organization (2025-2030) is that people’s happiness must be at the core of development. All policies be grounded in citizens’ legitimate rights and interests, with public satisfaction serving as the ultimate measure of success.

24 Feb, 11:34 AM