The collaboration between two 'giants' in the agricultural industry – Vietnam Rubber Group (VRG) with abundant land resources and U & I Agriculture JSC (Unifarm), a company that pioneers in applying high-tech agriculture - has breathed new life into the banana industry.
Vietnam exported 420,000 tonnes of bananas to China during the first six months of the year, the highest by any country to that market, up 18.5% compared to the same period from last year.
Siamese banana farmers in mountainous Sơn Tây District of Quảng Ngãi Province are benefiting from high selling prices and a stable market, helping them escape poverty.
Before the durian price crisis, many other crops in the country also experienced fluctuating prices, prompting calls for buyers’ help with bananas and rice being prime examples. But this still hasn’t served as a lesson for the agricultural sector.
