CAC News

Kampong Thom, Cambodia, November 12, 2026 — The Cashew Nut Association of Cambodia (CAC) has organized its second Business-to-Business (B2B) event, bringing together 56 local business representatives, three Agricultural Cooperatives (ACs), machinery experts from Vietnam, and a financial expert from China to explore opportunities to strengthen domestic cashew processing and improve access to financing and business services.

The event focused on addressing key challenges facing Cambodia’s cashew processing industry, including reliable raw cashew nut (RCN) supplies, quality control, processing equipment, value addition, and secure cross-border financial transactions.

Nut & Nest Enterprise presented a sourcing model designed to help local processors secure sufficient RCN supplies throughout the year without requiring advance payments or bank loans. The initiative aims to support domestic processors, improve production continuity, and strengthen Cambodia’s local processing capacity. Harvest Center Cambodia Co., Ltd offers warehouse guarantees and stock as collateral to partners’ banks.

According to CAC estimates, Cambodia’s RCN production could reach 2 million tonnes by 2035, highlighting the urgent need to establish more domestic processing companies. Expanding processing capacity is expected to help stabilize farm-gate prices, create greater value domestically, and reduce dependence on exporting raw cashew nuts.

Nut & Nest also introduced separate contractual arrangements for RCN sourcing and offered cashew shelling services to businesses that want to package and market finished cashew products but do not have their own processing facilities. The company aims to provide flexible service options at affordable prices. Meanwhile, Giant Cashew Enterprise (GC) expressed interest in sourcing good-quality RCN, adding value through processing, and purchasing cashew nut shells.

A machinery expert from Vietnam also shared technical services and equipment solutions for entrepreneurs planning to establish cashew processing facilities, helping address technical barriers for new investors and existing processors seeking to expand their operations.

On the financial side, three banks — SACOMBANK (Cambodia) Plc, Saigon-Hanoi Bank PLC (SHB), and Bank of China — participated to present financial services, including business loans, international fund transfers, and other banking solutions.

SACOMBANK and SHB were highlighted as particularly relevant financial partners given the strong trade relationship between Cambodia and Vietnam in the cashew sector. Their services could help businesses facilitate safer cross-border payments, overseas transfers, bank guarantees, and Letters of Credit (L/C), reducing financial risks in international transactions.

Although Cambodia’s cashew trade with China remains relatively small compared with its trade with Vietnam, participants highlighted the potential for stronger commercial engagement over the next three years. The participation of Bank of China was therefore considered important in preparing businesses for potential expansion into the Chinese market.

Through its B2B initiatives, CAC aims to connect farmers, processors, investors, machinery suppliers, and financial institutions to build a stronger domestic processing ecosystem. The association also seeks to encourage investment, improve business linkages, and accelerate Cambodia’s transition from exporting raw cashew nuts toward higher-value domestic processing.