Dong Nai earns 24 mln USD from cashew nut oil exports

08:11, 17/11/2013

Dong Nai province has so far this year exported 40,000 tonnes of cashew nut oil worth 24 million USD, Chairman of the provincial Cashew Association Nguyen Thai Hoc said. 

Illustrative image
Illustrative image 

Dong Nai province has so far this year exported 40,000 tonnes of cashew nut oil worth 24 million USD, Chairman of the provincial Cashew Association Nguyen Thai Hoc said. 

According to Hoc , Vietnam exports 60,000 tonnes of cashew nut oil a year, earning 50 million USD. 

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 percent, he added. 

He added 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.

(Source:VNA)