The Vietnam Macadamia Association (VMA) and Australian Macadamia Society (AMS) recently signed an agreement to boost the industry in both countries, according to Lao Dong newspaper.
The pact focuses on future experience exchanges on macadamia cultivation, processing and trade.
The AMS will support the VMA in building criteria for farming and products to international standards.
The VMA Deputy Chairman Hoang Hoe said Australia has supported the macadamia business in Vietnam for more than 10 years.
The signing marked a new development in cooperation, helping Vietnamese macadamia firms improve their international position, he affirmed.
According to a plan approved by the Ministry of Agriculture and Rural Development, the northwest and Central Highlands regions will plant macadamia trees on 9,940 hectares of land and develop 12 processing units by 2020.
By 2030, there will be 34,500 hectare of plantations nationwide, and 30 processing units in the two regions.
