Archive for November, 2024

Cambodia approves first cashew agro-industrial park in Kampong Thom

Cambodia will soon have its first agro-industrial park dedicated solely to cashew nuts in Kampong Thom province, following the government’s approval. The country is recognised as one of the world’s top producers of cashews. Speaking at the closing ceremony of the Ministry of Land Management, Urban Planning and Construction’s annual meeting on November 26, Prime

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PM Greenlights Agro-Industrial Cashew Nut Zone

PHNOM PENH – Prime Minister Hun Manet has approved establishment of an agro-industrial cashew nut zone in Kampong Thom province. “It will serve as a key source of income for local people in zone 3,” he said on Nov. 26 at the annual meeting of the Ministry of Land Management, Urban Planning and Construction. Zone 3

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‘Kampong Thom to become cashew industrial hub’

Prime Minister Hun Manet Tuesday agreed to establish a cashew industrial zone in Kampong Thom province that can create a new source of income for the people living in Tonle Sap Lake’s Zone 3. Addressing the closing session of the 2024 annual meeting of the Ministry of Land Management, Urban Planning and Construction, Mr Hun

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CAC and Vinacas Meet to Strengthen Ties

Hochi Minh City, Vietnam, November 26 The Cashew Nut Association of Cambodia (CAC) and the Vietnam Association of Cashew held a crucial meeting in Ho Chi Minh City to strategize on improving the business of Raw Cashew Nut (RCN). Vietnam stands as the world leader in cashew kernel production, yet it currently produces only 300,000

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Processed cashew exports to EU officially begin

Cambodia’s processed cashew nuts are being officially exported to the European market for the first time by MIRARTH Agri Tech Co Ltd, marking a significant milestone. This achievement highlights the country’s growing ability to meet EU standards. According to the company, it aims to export 250 tonnes of processed cashew nuts to Europe by the

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Cambodia-Vietnam trade surges 20% in first 10 months of 2024

As neighbouring countries, trade relations between Cambodia and Vietnam have continued to grow steadily. In the first 10 months of 2024, total trade between the two countries reached over $6.4 billion, marking a 20% year-on-year increase, while exports to Vietnam saw a remarkable rise of more than 31%. According to data from the General Department

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Jan-Oct Agricultural exports top $3.4 billion, cashew nuts contribute over $1 billion

Cambodia earned $3.4 billion from agricultural exports in the first 10 months of 2024, an almost 50% increase compared to the same period in 2023. This positive trend is expected to continue, especially if Cambodia can develop its processing industries and increase its value-added production. In a recent forum discussion, Khim Finan, spokesperson for the

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Cashews: Vietnam remains the frontrunner

HANOI. No other country exports as many processed cashew kernels as Vietnam. However, processors are dependent on high RCN imports, which are detrimental to domestic producers. EU imports have increased. Significant increase in export volume and value The Vietnamese cashew industry is booming like never before. According to the Ministry of Agriculture and Rural Development,

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JCA pledges to continue mobilising Japanese companies to invest in Cambodia

Takahashi Fumiaki, President of the Japan-Cambodia Association (JCA), pledged to continue to mobilise Japanese companies to invest more in Cambodia to help boost economic growth and create jobs for the people. In a meeting with Say Samal, Deputy Prime Minister and Minister of the Ministry of Land Management, Urban Planning, and Construction, on November 18,

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Kingdom’s cashew nut exports to Vietnam surge 36%

Cambodia exported over 790,000 tonnes of cashew nut to Vietnam in the first ten months of 2024, generating $1.110 billion in revenue, an increase of 36 percent, said an official of the Cashew Nut Association of Cambodia (CAC). Suy Kokthean, Vice President of the Cambodian Cashew Nut Association (CAC), told Khmer Times yesterday that from

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