Hau Giang records lowest rice production cost in Mekong Delta

Hau Giang (VNA) – Spending 2,802 VND on producing one kilogramme of rice, the Mekong Delta province of Hau Giang recorded the lowest production costs in the region during the 2015-2016 winter-spring crop, according to Ministry of Finance.

The result was spurred by advanced technology transfer, high-quality breeding and input reduction. In addition, the province paid attention to equipping machines and facilities for production while investing in agricultural infrastructure such as sluice gates and irrigation channels.

According to Director of the provincial Department of Agriculture and Rural Development Nguyen Van Dong, production costs for the winter-spring crop were slashed by 25 percent compared to previous seasons, with a 15-percent cost reduction thanks to mechanisation investment, 10 percent as a result of the application of integrated pest management (IPM) and 5 percent due to upagraded irrigational systems.

Thanks to the province’s efforts, local farmers reaped a successful crop despite unfavourable weather.

During the 2015-2016 winter-spring crop, Hau Giang province grew nearly 80,000 hectares of rice. About 5,000 hectares were harvested with an average productivity of seven tonnes per hectare.

With sustainable yield, prices and production costs, farmers earned more than 20 million VND (894.6 USD) in profit per hectare.-VNA