Business

Vinamilk to invest in milch cow farm in Ha Nam

The northern province of Ha Nam has given nod to a milch cow farming project in Thanh Nguyen commune, Thanh Liem distrtict invested by the Vietnam Dairy Products Joint Stock Company (Vinamilk).
 
Vinamilk to invest in milch cow farm in Ha Nam ảnh 1Illustrative image (Photo: VNA)
Ha Nam (VNA) – Thenorthern province of Ha Nam has given nod to a milch cow farming project inThanh Nguyen commune, Thanh Liem distrtict invested by the Vietnam DairyProducts Joint Stock Company (Vinamilk).

At the 73rd meeting of thestanding board of the provincial Party Committee on May 19, Vice Chairman ofthe provincial People’s Committee Truong Minh Hien said the authorities agreedto grant Vinamilk a 40-year lease for a farm covering an area of 150ha with4,000 heads of cow, and another 500ha for grass and corn cultivation.

A station will also be built topurchase fresh milk from local farmers.

Vinamilk is eligible for a 10percent preferential tax, two-year tax waiver and 50 percent tax reduction forthe next four years, tax exemption for animal export-import.

The province also ensuressufficient infrastructure for the project, offers vocational training support,and pledges to fulfill 10 commitments to investors.

Secretary of the provincial PartyCommittee Nguyen Dinh Khang asked relevant departments and agencies to completeadministrative procedures, ensuring that the project meets schedule.-VNA
VNA
#Vietnam Dairy Products Joint Stock Company #Vinamilk #cow farming #cows #corn cultivation #fresh milk #local farmers #vocational training #grass. investors #Vietnam #business #agriculture
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