HANOI (Xinhua): Vietnamese cashew industry has lowered its export target for this year to US$3.05 billion, which is 750 million dollars lower than the Ministry of Agriculture and Rural Development's target, amid difficulties in exports, local newspaper Vietnam News reported on Friday (July 28).
The industry has been experiencing difficulties posed by geopolitical crises, monetary tightening by central banks globally, inflation, lower demand in key markets, and consumers tightening their purse strings, the newspaper reported, citing the Vietnam Cashew Association.
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