Money tree brings in nearly 200 million VND/year in profit

Nguyen Trai Ward (Hai Phong City) currently has 15 hectares of money tree plantation, bringing high economic efficiency.

Many households take advantage of forest canopy to grow medicinal plants with high economic efficiency.

Nguyen Trai Ward currently has 15 hectares of honeysuckle, the most in Hai Phong City. Honeysuckle is a precious medicinal herb with the effects of cooling, detoxifying, anti-allergy, and antibacterial. This is a climbing plant, so it is easy to grow, easy to care for, and suitable for the climate and soil in the mountainous area of ​​Nguyen Trai Ward.

People in Nguyen Trai ward are selling dried honeysuckle flowers for 350,000 VND/kg.

Currently, people here are selling dried honeysuckle flowers for 350,000 VND/kg, an increase of 50,000 VND/kg compared to the same period last year. The stems and leaves cost from 25,000 - 27,000 VND/kg.

The money tree is harvested year round with a yield of about 2.5 tons/ha, giving people a profit of nearly 200 million VND.

Previously in 2022, the Hanoi Center for Research on Cultivation and Processing of Medicinal Plants (Institute of Medicinal Materials) carried out the scientific project "Building a model for producing medicinal plants of honeysuckle in accordance with GACP - WHO" in Nguyen Trai ward. After 2 years of trial planting, the project management board assessed that this plant species has high economic value, so it proposed that the locality plan a concentrated production area for development.

DQ

Source: https://baohaiphongplus.vn/cay-kim-ngan-cho-thu-lai-gan-200-trieu-dong-nam-415976.html