Research on Potential Market for Chestnuts in Cao Bang
A recent analysis showed that market value of the chestnut crop from trees planted in Cao Bang could reach USD 26 million annually by the year 2013. A major advantage is that the chestnut harvest season coincides with the main period of demand in the large Japanese, Taiwan, and South East Asian Markets. It was hoped that the Cao Bang chestnut industry would be part of the next EC-funded project in Cao Bang. The PMU believed that the industry holds tremendous promise to alleviate poverty among the upland farmers, but that it required a serious and sustained marketing and processing effort.