News
Nghe An exports rattan products for the first time
The Duc Phong company, based in Nghe An, will export three models of rattan lamps, earning a minimum revenue of VND25 billion in the first year of the contract and triple their revenue over the next five years.
The company, which currently needs an additional 4,000 workers to complete the contract, is outsourcing much of the work to local households.
It has conducted extensive research on different kinds of rattan products such as tables, lanterns, and other interior decorations for markets like Japan, the US, and Europe. As many as 80 percent of the products have been designed by the company with the rest coming from individual customers.
Duc Phong, which processes millions of tonnes of rattan per year, also takes the lead in growing rattan, reducing its dependence on outside sources.
It has so far spent nearly VND100 billion planting 1,350ha of rattan in four districts and the firm adopts an approach that combines its own investment with the local labour force.
Duc Phong is expected to produce seven tonnes of rattan per ha over the next 30 years, ensuring the sustainability of its production.
Source: http://english.vovnews.vn
The company, which currently needs an additional 4,000 workers to complete the contract, is outsourcing much of the work to local households.
It has conducted extensive research on different kinds of rattan products such as tables, lanterns, and other interior decorations for markets like Japan, the US, and Europe. As many as 80 percent of the products have been designed by the company with the rest coming from individual customers.
Duc Phong, which processes millions of tonnes of rattan per year, also takes the lead in growing rattan, reducing its dependence on outside sources.
It has so far spent nearly VND100 billion planting 1,350ha of rattan in four districts and the firm adopts an approach that combines its own investment with the local labour force.
Duc Phong is expected to produce seven tonnes of rattan per ha over the next 30 years, ensuring the sustainability of its production.
Source: http://english.vovnews.vn