Hanoi, Sept. 22 -- This year's export target of 4.5 billion USD for cashews is feasible, given the commodity's double-digit growth and rising demand during the year-end festive season, according to the Ministry of Agriculture and Environment (MAE).

Statistics from the ministry showed that cashew exports in August stood at 70,000 tonnes worth 431 million USD.

In the January-August period, the industry shipped 482,700 tonnes abroad, earning 3.24 billion USD. Compared with the same period in 2024, the export volume edged down 1.2%, but value rose 16.4% thanks to higher export prices, which averaged 6,711 USD per tonne, up 17.8% year-on-year. This was the highest level in years, reflecting robust global demand for nutritious nuts.

The mini...