August 26, 2025 | 00:11 GMT +7
August 26, 2025 | 00:11 GMT +7
Hotline: 0913.378.918
Only more than 30 containers of cashew nuts have not yet been verified so far. Photo: TL.
Vietnamese Trade Counselor Nguyen Duc Thanh in Italia said thanks to the efforts of all relevant sides only around 30 containers of cashew nuts have not been able to verify the origin documents so far with each valued at US$ 200,000.
According to Thanh before Vietnam Cashew Association (Vinacas) sent the official letter dated March 8, 2022 to Vietnam Embassy and Vietnam Trade Office in Italia, informing of a suspected scam related to 100 containers of cashew nuts exported to the European country, the Office had got informed of the case.
After being informed of the suspected scam on March 5, the representative of Vietnam Trade Office in Italia went to Genoa port. At that time, some containers of Vietnamese cashew nuts had just arrived at the port and all the original bills of these containers were verified. The buyer even paid the port fee. The Office immediately worked with COSCO shipping company, asking it to keep these shipments at port as Vietnamese exporters reported a suspected scam related to the containers. COSCO Company agreed to not deliver these containers to the buyer after getting legal advice from lawyers.
Along with that, Vietnam Embassy to Italia promptly sent diplomatic notes to the Italian Ministry for Foreign Affairs and other Italian relevant agencies to report on the suspected scam and at the same time ask for coordinated actions by the counterpart agencies.
After receiving Vinacas' letter about the scam, Vietnam Trade Office in Italia instantly instructed the cashew exporters in Vietnam to stop sending original documents as well as ask DHL Express Service to return the undelivered documents to sender immediately. For the original documents delivered to the suspected scammers, they must report the details including names, addresses of recipients and receiving time to facilitate tracing.
Thanh was confident that there was a good chance of reclaiming the ownership of 30 containers of cashew nuts whose original documents have not been verified yet.
Translated by Mai Tham
(VAN) China has surpassed the United States to become the largest market for Vietnamese cashew nuts in the past seven months and may maintain this position by the end of the year.
(VAN) Overcoming market challenges, Khanh Hoa's seafood industry has made a breakthrough with export turnover rising by 2.9% compared to the same period last year.
(VAN) Vietnam’s tuna exports in the first six months of 2025 showed fragile growth and are unlikely to meet targets due to major challenges from the US, the EU, and domestic policies.
(VAN) On August 21, Acting Minister of Agriculture and Environment Tran Duc Thang received and held talks with Japanese Ambassador to Vietnam Ito Naoki.
(VAN) Vietnam’s pepper exports to the United States in Q3 may face challenges due to retaliatory tariffs, but the outlook is expected to brighten from Q4 onward.
(VAN) Vietnam’s seafood industry is at a crossroads: the EU-Vietnam Free Trade Agreement (EVFTA) offers major opportunities for expansion, yet exports to the European Union have seen a sharp decline.
(VAN) During the first half of 2025, Mexican tomato exports declined by 19.2% over the same period of last year, reaching a value of $1.421 billion, according to data from the Bank of Mexico (Banxico).