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Sunday, June 8, 2008
BEN TRE — Coconut candy firms in the Cuu Long (Mekong) Delta province of Ben Tre and 100 other small manufacturing units have had to suspend their operation or halve their number of working days because of high materials prices, according to Ngo Van Cai, chairman of the Ben Tre Coconut Candy Association.

Coconut candy firms make up 30 per cent of the 12 private enterprises in the province. Firms including the Dong A Trade and Services Ltd Co, Yen Huong and Thanh Long Coconut Candy sell their products in provinces and cities all over the country and to export markets, mainly in China, Laos, Cambodia, Mongolia, and to regions in Europe and the US.
Ben Tre produces around 15,000 tonnes of coconut candy a year, of which 5,500 tonnes are consumed domestically, and 9,500 tonnes are for export, bringing in a total of US$11.4 million annually.

The coconut candy industry accounts for more than 4,000 full-time positions, contributing more than VND1.5 billion ($93,750) to the province’s annual State budget. — VNS

by: Woodstock Candy


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