RoK agricultural firm seeks opportunities in Hau Giang
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.
Hau Giang (VNA) – The Republicof Korea’s Hand & Hand Company held a working session with authorities ofsouthern Hau Giang province on May 22 to seek business opportunities in agriculture.
At the event, Vice Chairman ofthe provincial People’s Committee Truong Canh Tuyen said with more than130,000ha of agricultural land, Hau Giang is switching from the cultivation oflow-yield rice to high-quality fruits due to climate change and salineintrusion.
As the province pays specialattention to agricultural investment, it offers incentives to firms in terms ofland lease and corporate tax, he said.
Min Kim, General Director of Hand& Hand Company, revealed a plan to pilot banana and pineapple farming on a50ha site in the province, then expand it if suitable.
Nguyen Van Dong, Director of theprovincial Department of Agriculture and Rural Development, said local soil andweather conditions are suitable for the planned fruits, suggesting that thefirm partner with farmers to develop material sources.
Hand & Hand provides domesticand imported farm produce and runs orchards of banana, pineapple, papaya anddragon fruit in Thailand and the Philippines.
It signed contracts with the southernprovinces of Dong Nai, Binh Duong and Binh Phuoc to grow fruits for export,partner with farmers to build farms and offer technical support incultivation.-VNA
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Illustrative image (Source: VNA) 
