WELCOME OF PRESIDENT OF VINACAS

rom February 26 to 28, 2023, the th 12 VINACAS Golden Cashew Rendezvous 2023 in Ho Chi Minh City will be jointly organized by Vietnam Cashew Association and Ministry of Industry and Trade of Vietnam. This is an event under the National Trade Promotion Program of Vietnam; an important event of the cashew industry in Vietnam and the world. On behalf of the Standing Executive Members' Board and Executive Members' Board of Vietnam Cashew Association (VINACAS), I would like to warmly welcome and express my sincere thanks, best wishes to all delegates, distinguished guests, international and Vietnamese cashew industry businessmen for attending the Conference. We would alsoliketoexpressourdeepgratitudetothejournalists forattendingandreportingonthisevent.

LadiesandGentlemen,

Held for the first time in April 2008, the VINACAS Golden Cashew Rendezvous is always an important trade promotion event of Vietnam cashew industry, a "golden rendezvous" of global cashew businessmen.Theeventisorganizedforthepurposeof promoting "Vietnam Cashew" product brand, import and export promotion, consumption boosting, building and consolidation of sustainable and long-term relationships between enterprises, Cashew Industry AssociationofVietnamandtheworld.

In 2022, entering the "new normal" period when COVD-19 pandemic was controlled, Vietnam cashew industry continues to face numerous difficultiesandchallengesduetothegeneralinfluence of the market, international consumption, cashew kernel exports only reached USD 3.07 billion, 10years period of export growth from 2011-2021 of Vietnamcashewindustrywasended.

In 2023, although the global agricultural product market is forecasted to have a large demand for food, the expansion of export markets in parallel with the focus on domestic market will be the basis for Vietnam'sagriculturalsectortoaimforexporttargetof th At the event of the 12 VINACAS Golden Cashew Rendezvous in 2023, the leading cashew industry experts and enterprises in Vietnam will join the community of exporters, traders of raw cashew, units of import, distribution, roasting, packing and retailofcashewnutsininternationalscopetobringyou the information; analyses, assessments, judgments and proposal of solutions and initiatives to help the cashew industry in Vietnam and the world develop stably and sustainably in the coming time. Look forward to the common goal that is to unite, agree, share, help, bring stability, justice and prosperity to all global cashew enterprises.

FUSD 54 billion in export of agricultural - forestryfishery products in 2023 (an increase of USD 780 million compared to 2022). However, according to VinacasInformationCouncil,bythelastmonthof2022 and 2023, production activities as well as the supply chain of the cashew industry of the world and Vietnam continue to face many difficulties. The growth of the cashew industry is significantly affected by continued decline in global demand for cashew kernels; The world cashew raw material market will face many challenges. Therefore, the Executive Members' Board of VINACAS agrees to propose to adjust the target of cashew export sales in 2023 at USD 3.1 billion, a slight increase of USD 30 million compared to 2022. VINACASmaintainsthepolicyof"Reducingquantity, increasingquality"...

We make this publication as a meaningful gift of the Conference to give you general and diverse information about VINACAS and Vietnam cashew industry in the close relationship of Vietnam cashew industry and the World cashew industry, of Vietnam andtheinternationalcommunity WarmlywelcomeyoutoHoChiMinhCity!

We hope you will have interesting and unforgettablemomentswhenattendingtheevent.

President of VINACAS