Vietnam: Borrowing land for abalone mushroom growing project, 1 farmer earns hundreds of millions of dong/year

Published Oct 2, 2021

Tridge summary

A farmer named Mr. Gioi has found financial stability and success by cultivating abalone mushrooms in Hoa Xuan ward, which has seen a reduction in agricultural land due to urban construction. With the support of the Farmers' Association and a loan from the Farmers Support Fund, Mr. Gioi expanded his mushroom farm to over 1,200m2, providing jobs and increasing household income. The mushroom cultivation model is cost-effective and offers high economic value, requiring less land and water compared to traditional crops. The abalone mushrooms, known for their nutritional value and high price, are sold locally and bring in a substantial profit for Mr. Gioi.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sharing about the opportunity to grow abalone mushrooms, Mr. Gioi confided that before he was a genuine farmer who grew rice for a living, later when Hoa Xuan ward moved to urban construction, agricultural land shrank. . This leads to farmers having no productive land, precarious work, and unstable income. Thanks to the timely attention and help of the Farmers' Association of Hoa Xuan ward, Mr. Gioi was trained to make mushrooms for 3 months. At first, he only planted a little to gain experience. After a while, realizing that abalone mushrooms gave good yields, relatively stable output, and brought high economic value, he boldly borrowed VND 100 million from the Farmers Support Fund to expand production. . Mr. Gioi shared: "The area of abalone mushroom farm with more than 1,200m2 is currently borrowed by me from the hanging planning project. After repairing the ground, I invested in machinery for the production line of mushroom embryo bags. Convenience and quality assurance. ...
Source: Danviet

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