Vietnam: Sugarcane acreage in Tra Vinh increases again, and factories still worry about lack of raw materials

In the past three years, sugarcane prices have been more stable, while local sugarcane companies have had many support policies, encouraging farmers to restore raw sugarcane areas, so the area has gradually increased every year. Mr. Thach Soc (in Luu Nghiep Anh commune, Tra Cu district) said that in the last two sugarcane crops, sugarcane growers in the area have made a profit, so many people are gradually returning to sugarcane. As for his family, this sugarcane crop, they decided to expand the area to 6 hectares, so they had difficulty with investment capital. Thanks to Tra Vinh Sugarcane Company's support of over 100 million VND, his family has had better conditions for sugarcane cultivation. Mr. Thach Soc shared: "I don't have capital, so I registered with the factory to receive investment support with the hope of achieving high sugarcane productivity. If the factory doesn't invest, I don't have money to borrow from outside, it will be difficult, and I have to pay ...