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Dong Nai earns $24 million from cashews

Update: November, 18/2013 - 11:18
The southern province of Dong Nai has so far this year exported 40,000 tonnes of cashew nut oil worth US$24 million.— File Photo

DONG NAI (VNS)— The southern province of Dong Nai has so far this year exported 40,000 tonnes of cashew nut oil worth US$24 million.

Chairman of the provincial Cashew Association Nguyen Thai Hoc also revealed that Viet Nam exports 60,000 tonnes of cashew nut oil a year, earning $50 million.

The extraction of cashew nut shell liquid not only brings economic benefits to the producers but also provides jobs and positively impacts the environment, said the Chairman.

Of the country's total 80 million tonnes of cashew nut shell liquid output, Dong Nai's production accounts for 60 per cent, he added.

He made known that the province produces hundreds of thousands of tonnes of oil a year and exports its products to not only China but also Japan and the EU.

Many producers have applied modern technology for higher export value as well as supplying material for other industries in the province, Hoc said. — VNS

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