More than 400,000 VND/kg fabric in Japan

Loan Bank accounting for about 20% of the business capital flow of the enterprise. The loan is also used to equip equipment for cleaning tubers and fruits according to strict Japanese procedures, and then it will be exported to major consumer markets such as Japan, the US, the UK and the EU.

Thanks to modern technology invested by borrowed capital, fresh litchi is being exported to Japan by businesses for about 18-20 USD/kg (more than 400,000 VND). As a result, farmers can rest assured to plant according to the guided process, and when ripe lychees are purchased, they will be purchased there.

“Our income is higher, more stable, the price is higher than the market price, so it is very exciting,” said Mr. Tran Van Tinh, a farmer in Hai Duong.

Businesses need to rely on bank capital to support part of the costs for farmers. (Illustration image – Photo: Investment Newspaper)

Thanks to the loan, businesses have more resources to buy other agricultural products such as sugarcane and carrots depending on the season, thereby expanding export market share. It is planned that next year, the enterprise will borrow more from the bank to expand the factory, invest in the production line to participate more deeply in the processing stage.

“Capital is very important to help develop the source area as well as long-term capital for factory investment, from logistics to transportation to high-tech processing zones,” said Ms. Ngo Thi Thu Hong, Director of Joint Stock Company. section Ameii Vietnam, said.

According to data from the Ministry of Agriculture and Rural Development, in the first four months of this year, export of agricultural products increased by 15.6% over the same period last year. In which, vegetables and fruits belong to group 5 products with export value of over 1 billion USD.

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