Hoa Binh GAP Co. Ltd completes a 10,000-m2 greenhouse system to kick off production in 2018.

 Previously, head of the company Pham Tien Sinh had spent one year preparing a greenhouse system and production infrastructure in line with Israeli standards. According to Sinh, greenhouse cultivation helps shield plants from harsh weather and diseases, and farmers can make decisions on nutrition, thus turning out safe and pesticide-free farm produce. Of total five hectares of land, the company has invested 3.2 billion VND in a 5,000-m2 greenhouse area in the first phase. In 2017, it grew the first crop of cucumbers, which was sold for 20,000 VND per kg and reeled in 360 million VND in total.

 Kim Hoang Hau melon was selected for the second crop. The fruit was produced following the GAP standard with flawless look. The crop produced four tonnes of melons and total revenue hit 200 million VND.

 The company continued with the cultivation of cantaloupe, a favourite fruit of consumers now. With the growing area doubling, the business earned 400 million VND from 8 tonnes of cantaloupe.

 In the fourth crop, the company combined cantaloupe and Kim Hoang Hau melon, harvesting a total of eight tonnes for 400 million VND in revenue.

 In December, Hoa Binh GAP plans to stop cultivation and start investing in the second phase with the construction of another 5,000-m2 greenhouse area. In January 2018, production of cantaloupe and Kim Hoang Yen melon will be resumed across the entire 10,000-m2 greenhouse complex, serving demand during the Lunar New Year holiday. Sinh said it would take 2.5 – 3 years for his company to make a profit, but the model is sustainable and caters to the market demand for clean farm produce.     

 Ngo Dinh Tam, head of the Lac Thuy Agriculture and Rural Development Division, said this is the first hi-tech farming model in the district and is a development way that Lac Thuy is heading to.

 Hoa Binh GAP now provides jobs for 10 residents, with monthly wage raging between 5 and 10 million VND. The company plans to complete its greenhouse system on the remaining 4 hectares in 2019 to grow organic vegetables./.

Related Topics

Hoa Binh Power Corporation gears up for hot season

Starting business from hometown specialty

Huge potential to boost chilli export to RoK

Hoa Binh improves effectiveness of collective economy

---

PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.

In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.

Lac Son - attractive destination for investors

Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.

The man who promotes Kim Boi district’s fruit brand

Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.

Q1 disbursement of public investment funds reach 15% of yearly plan

The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.