Can Tho supports farmers’ production

The Mekong Delta city of Can Tho has provided preferential loans worth 65 billion VND (3.1 million USD) for 186 farmer households to buy machines serving their production.
The Mekong Delta city of Can Tho has provided preferential loans worth 65 billion VND (3.1 million USD) for 186 farmer households to buy machines serving their production.

Since 2009, the city has supplied soft loans and non-refundable aid worth 197 billion VND (9.4 million USD) to 1,000 households. With this fund, the farmers have expanded the area of large-scale fields to over 7,500 hectares, upgraded 1,100 hectares of gardens and carried out agricultural production models.

It has also held hundreds of training courses on cultivation techniques meeting VietGap and GlobalGap standards.

Thanks to those efforts, the quality of agricultural products has been much improved, thus increasing farmers’ incomes.

The city’s per capita income has rose from 16.3 million VND per year in 2010 to 24.2 million VND per year in 2013. The rate of poor households has dropped to 5 percent.

In the coming time, Can Tho will provide financial support for 2,400 farmer households and transferred scientific and technological achievements to 3,000 others, striving to have 50,000 households with annual earnings of 40 million VND or more by 2015.-VNA

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