Vietnam Moc Bai Joint Stock Company under the Republic of Korea’s Taekwang Group will splash out over 261 billion VND (11.6 million USD) on a high-tech agricultural project in the southeastern province of Tay Ninh.
From 2015-2018, the company will develop a fruit and vegetable cultivating area in line with VietGap standards, which can produce 25-28 tonnes per crop. In addition, bio cattle and poultry farming models will also be built.
The project is expected to create jobs for 100 local labourers. Products will be consumed in both domestic and foreign markets.
Vietnam Moc Bai Joint Stock Company is a large enterprise in Tay Ninh. It started a footwear production plant, which has provided jobs for 15,000 workers, in 2007.
In 2014, the company gave a support worth 20 billion VND (889,200 USD) to farmers in An Thanh commune, Ben Cau district to form a 200-hectare area producing high-quality rice.
Early 2015, it launched construction work on infrastructure of a 100-hectare garment and textile industrial zone, also in An Thanh commune.
The project is expected to create jobs for 100 local labourers. Products will be consumed in both domestic and foreign markets.
Illustrative image
|
In 2014, the company gave a support worth 20 billion VND (889,200 USD) to farmers in An Thanh commune, Ben Cau district to form a 200-hectare area producing high-quality rice.
Early 2015, it launched construction work on infrastructure of a 100-hectare garment and textile industrial zone, also in An Thanh commune.
Other News
- Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
- Better links with FDI firms to support Hanoi businesses
- Vietnam calls for more US investment in innovation, hi-tech
- Vietnamese leader urges Boeing to build production facility in Vietnam
- Foreign capital pouring into Vietnam's real estate market
- Vietnam news in brief - August 24
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
Trending
-
24 hours in Hanoi: Learning to love the city
-
Vietnam news in brief - December 12
-
Hanoi partners with Chinese firm to advance urban development
-
EVs take the spotlight on Vietnam's urban streets
-
Thay Pagoda: A timeless heritage on Hanoi's outskirts
-
Hanoi's pho declared national intangible heritage
-
Christmas in Vietnam: A blend of Western cheer and local charm
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hanoi economy sustains higher growth in 2024
-
Liên kết hữu ích