Vietnam's southern province of Tay Ninh has earned nearly US$4 million from exporting cashew nuts to the US and the European Union (EU) over the first two months of this year.

The figure represents a year-on-year increase of 117 per cent in volume and 118 per cent in value.

Tay Ninh is currently home to four cashew processors and exporters, yielding an annual output of nearly 100,000 tonnes of processed cashew nuts, half of which are directly shifted to traditional markets of China, the US and the EU.