Cashew industry targets 1.5b USD in exports Business

Cashew industry targets 1.5b USD in exports

The cashew industry has set a modest target of exporting 170,000 tonnes of cashew nuts worth 1.5 billion USD this year, up 11.1 percent over last year, as it anticipates difficulties ahead, according to the Vietnam Cashew Association (Vinacas).

Wood-processing faces labour shortage

Wood-processing companies cannot fulfill big export contracts because of a labour shortage, the Nguoi Lao Dong (Labourer) newspaper reported on Feb. 27.

Nguyen Quang, director of Phu Long Tan Co. in southern Binh Duong province, said that after the Lunar New Year holidays, only 10 workers out of 100 returned to work.