RoK agricultural firm seeks opportunities in Hau Giang

Hau Giang (VNA) – The Republic of Korea’s Hand & Hand Company held a working session with authorities of southern Hau Giang province on May 22 to seek business opportunities in agriculture.

At the event, Vice Chairman of the provincial People’s Committee Truong Canh Tuyen said with more than 130,000ha of agricultural land, Hau Giang is switching from the cultivation of low-yield rice to high-quality fruits due to climate change and saline intrusion.

As the province pays special attention to agricultural investment, it offers incentives to firms in terms of land lease and corporate tax, he said.

Min Kim, General Director of Hand & Hand Company, revealed a plan to pilot banana and pineapple farming on a 50ha site in the province, then expand it if suitable.

Nguyen Van Dong, Director of the provincial Department of Agriculture and Rural Development, said local soil and weather conditions are suitable for the planned fruits, suggesting that the firm partner with farmers to develop material sources.

Hand & Hand provides domestic and imported farm produce and runs orchards of banana, pineapple, papaya and dragon fruit in Thailand and the Philippines.

It signed contracts with the southern provinces of Dong Nai, Binh Duong and Binh Phuoc to grow fruits for export, partner with farmers to build farms and offer technical support in cultivation.-VNA