Signing of contract for production and consumption of artichoke flowers

HNN.VN - On the afternoon of July 10, the Department of Finance coordinated with the Luxembourg Project Management Board, the Project Technical Support Office and Mekong Herbals Joint Stock Company (Mekong Herbals) to organize a signing ceremony for a contract to link production and consumption of artichoke products according to organic standards with households in Phong Thai and Phong Dien wards.

Representative of Mekong Herbals Joint Stock Company signed cooperation agreement with cooperatives

The technical assistance project “Promoting climate-smart agriculture and financial inclusion in Vietnam to improve adaptation, resilience and recovery to climate change impacts for farming households, especially women (Project VIE/039) funded by the Government of Luxembourg in Hue city for 2 years 2025-2026 with a total budget of 2 million euros.

Accordingly, the Luxembourg Government has approved and signed a co-financing agreement VIE/039 25 3497 with Mekong Herbals Joint Stock Company for the development of the organic artichoke flower value chain and a 60-hectare raw material area during the period from April 2025 to December 2026.

Mekong Herbals and cooperatives in Phong Thai and Phong Dien wards have signed a cooperation agreement to produce and consume artichoke products according to organic standards.

Mekong Herbals conducted a survey and signed a 5-year contract to purchase all products with the association group/farmer households in Phong Thai and Phong Dien wards to plant 60 hectares of red artichoke. Project VIE/039 supported farmers with 50% of the initial cost of seedlings, organic farming training, organic certification and organic fertilizer treatment solutions - through Mekong Herbals for the first 60 hectares. Mekong Herbals advanced 30% of the cost of seedlings and then deducted it from the purchased products. The remaining 20% ​​of seeds and additional fertilizers will be done by the farmers. Mekong Herbals provided training on organic farming techniques for farmers who signed the association contract from the stages of land preparation, care, harvesting and post-harvest quality control. Farmers were supported in the certification audit process with relevant agencies.

Mekong Herbals also committed to buying artichoke products that have not been certified organic at VND13,000/kg and increasing prices by 10% annually.

Hoang Anh

Source: https://huengaynay.vn/kinh-te/thong-tin-thi-truong/ky-ket-san-xuat-va-tieu-thu-hoa-atiso-155524.html