CT Group launches dragon fruit orchard in Australia
Vietnamese CT Group plans to create Australia`s largest commercial dragon fruit orchard, with the first farm to take shape in the Northern Territory (NT) this year.
CT signed an agreement with the Northern Territory Government on May 9, paving the way for its plan to grow 10,000ha of dragon fruits in the NT.
Company president Tran Kim Chung said Northern Australia has ideal growing conditions for dragon fruits and the company is pouring an investment of US$100 million in the project.
Northern Territory Minister for Mines and Energy, Hon Willem Westra van Holthe, said the project is expected to provide jobs for an estimated 500 labourers. It will bring about economic benefits for both sides, he added.
Unlike small farms CT is developing in Vietnam, it plans large scale commercial farms to support supply chains, and the NT is a superb place for them to carry out the project.
The company aims to become one of the world’s largest exporters of dragon fruits.
JBIC prioritizes partnership with Vietnam
304 JBIC-funded projects in the fields of energy and supply chain development have been effective and have contributed to promoting green growth in Vietnam.
Vietnam and India open new direct flights
The operations of six new air routes will facilitate Vietnamese passengers' travel to places of pilgrimage in India and Indian citizens visiting Vietnam.
More foreign investors land in Vietnam's industrial parks
The reopening of the borders, the government's active support for investors, and the resilience of domestic firms would open up a promising future for the industrial property market in 2022 and subsequent years.