14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

CT Group launches dragon fruit orchard in Australia

May 29, 2014 / 10:38 AM

Vietnamese CT Group plans to create Australia`s largest commercial dragon fruit orchard, with the first farm to take shape in the Northern Territory (NT) this year.

CT signed an agreement with the Northern Territory Government on May 9, paving the way for its plan to grow 10,000ha of dragon fruits in the NT.

Company president Tran Kim Chung said Northern Australia has ideal growing conditions for dragon fruits and the company is pouring an investment of US$100 million in the project.
Northern Territory Minister for Mines and Energy, Hon Willem Westra van Holthe, said the project is expected to provide jobs for an estimated 500 labourers. It will bring about economic benefits for both sides, he added.
Unlike small farms CT is developing in Vietnam, it plans large scale commercial farms to support supply chains, and the NT is a superb place for them to carry out the project.
The company aims to become one of the world’s largest exporters of dragon fruits.

Reactions:

Rất hay

Thích

Giải trí

Cần cải thiện

Trending

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

05 Feb, 04:53 PM

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

05 Feb, 01:14 PM

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

05 Feb, 01:04 PM

Hanoi draws US$102 million in foreign direct investment during January

Strong investor activity continued in the capital at the start of the year, as a mix of new projects, capital adjustments and share acquisitions helped reinforce Hanoi’s role in sustaining Vietnam’s positive foreign investment trend.

04 Feb, 10:22 PM

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

As Vietnam’s e-commerce market accelerates, attention is shifting toward how national policies and platform-led initiatives can help smaller localities overcome structural barriers, bringing digital trade opportunities to mountainous, border and rural communities.

04 Feb, 09:22 PM