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Top 3 cashew companies in Vietnam

Top 3 cashew companies in Vietnam

Monday 14, 11 2022
Vietnam is one of the largest cashew nut producing and exporting countries in the world with an annual export turnover of over USD 3 billion. This achievement is significantly contributed by cashew export businesses.

Following is detailed information about the 3 largest cashew nut manufacturers in Vietnam compiled by VietnamCredit.

1. LONG SON JOINT STOCK COMPANY

Established in 2000, over the years, Long Son JSC has become the largest cashew nut producer in Vietnam with 10 large factories spread across the country.

Moreover, Long Son has just put into operation a local export company which is the first Vietnamese processing enterprise besides overseas companies in the US, Mozambique, Côte d'Ivoire and Togo.

Vietnamcredit Long Son JSC

The company’s products have been exported to over 40 countries around the world as a high quality brand. More and more supermarkets and fried cashew manufacturers buy cashew products from Long Son because of the quality, performance and food safety.

During the past 5 years, Long Son continued to maintain a growth rate of 10% - 20% per year in terms of output.

2. HOANG SON I JOINT STOCK COMPANY

Hoang Son 1 JSC is a private company established on November 18, 2002. Its annual cashew nut revenue reaches millions of USD, mainly thanks to cashew nut export.

Hoang Son 1 owns an area of 50 hectares of drying yard and warehouse with more than 2000 employees. This business is one of the three largest cashew import and export enterprises in Vietnam.

The company is located in Binh Phuoc province, which is the “capital” of Vietnam's cashew. Therefore, it always actively buys raw materials on the spot to put into production to reduce costs so that the price is always competitive.

Vietnamcredit Hoang Son 1 JSC

In 2021, Hoang Son 1 Joint Stock Company put a factory specializing in roasting nuts and packing with a capacity of 100 containers/month into operation. This factory is located in Binh Phuoc with an area of 6ha, built according to a modern model, meeting the strict requirements of food hygiene and safety according to international standards.

3. DAN ON FOODS CORPORATION

Dan On Foods Corporation (DOF), established in Vietnam since 1999, is a member company of DAN-D FOODS Group. The head office of the corporation is located in Richmond, British Columbia (BC), Canada and is led by the founder and general manager, Mr. Dan On, who started and laid the foundation for the development of the corporation.

Other member companies of DAN-D FOODS Group are located in British Columbia and Ontario, Canada, California, the United States, Bangkok, Thailand, China, Hong Kong and Taiwan. Currently, the Group has more than 800 employees working towards a common goal: Providing quality products to customers on a global scale.

The company’s main factory is located in Thu Dau Mot, Binh Duong province.  Another factory was established in 2010, in An Dien commune, Ben Cat town, Binh Duong province, about 16 km from the main factory. This factory specializes in processing raw cashews into finished cashew nut products and other products such as packaging bags, plastic jars and rolled paper cans.

Vietnamcredit Dan On Foods Corporation (DOF)

The most modern factory was put into operation at the end of 2018 with a total investment of about USD 20 million in My Phuoc 3 industrial park, Ben Cat town, Binh Duong. This new factory is a typical symbol of an enterprise aiming for green, clean production and commitment to social responsibility, where the convergence of modern technological machines is automatically operated by solar power.

Alice Hoang Thao - VietnamCredit

 

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