Japanese floriculture firm to invest in Lam Dong
Japan’s Kawasaki Flora Auction Market company plans to invest in floriculture in Da Lat city, the Central Highlands province of Lam Dong, for export to Japan and European countries.
Illustrative image (Source: VNA) According to him, the company wants to do business for up to 50 years in Da Lat or the entire province.
In the first year, it plans to work on a site of 10-20ha, and expand to 50ha after three years and 100-200ha from the fifth year and afterwards.
Established in 1961, Kawasaki currently owns production facilities in 12 Japanese prefectures and foreign countries such as Colombia and Kenya which provide fresh flowers for its chain of stores across Japan.
President of the Vietnam Cooperative Alliance Vo Kim Cu vowed all possible support for bilateral partnership and asked the Japanese investor to devise specific cooperation plan soon.
He also suggested tapping Lam Dong province’s vast area of fertile land by investing in vegetable cultivation and other agricultural activities there.-VNA
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
