Van Yen famers find fortune in cinnamon

Economy

Van Yen famers find fortune in cinnamon

Wednesday, June 21, 2023

YBO - Van Yen district in the northern province of Yen Bai has more than 52,000 hectares of cinnamon in all 25 communes and towns, with more than 80% of households in the district engaging in the cultivation and earning high income from the tree.

Production and preliminary processing of cinnamon products

As a key crop, the district has 25,357 hectares of cinnamon with geographical indications in eight communes, including Phong Du Thuong, Phong Du Ha, Xuan Tam, Chau Que Ha, Tan Hop, Dai Son, Vien Son, and Mo Vang; and more than 4,500 hectares of organic cinnamon certified to European and American standards (Son Ha Spices Company 2,500 hectares, Olam Vietnam Company 1,500 hectares, Vicimex Company 500 hectares).

Van Yen’s cinnamon has the second highest essential oil content in Vietnam, only after thate in Tra My of Quang Nam province. The product has become popular, helping to increase its economic value.

Cinnamon is contributing to poverty alleviation as many local people have found fortune in the trade.

Thanh Trung

Other news

Nghia Lo Town has 24 products recognized as OCOP

Meat processing at Yen Phuong production facility, Nghia Lo Town.

In 2024, Nghia Lo Town developed seven new products meeting the 3-star OCOP standard and reevaluated seven products after three years of certification.

Yen Bai achieves comprehensive development of transportation infrastructure

The project connects transportation in the northern mountainous provinces and links Nghia Lo to the Noi Bai - Lao Cai Expressway.

Yen Bai develops comprehensive transportation infrastructure, prioritizing projects that connect national highways with the Noi Bai - Lao Cai Expressway, regional linkage projects, and those connecting Yen Bai province with localities in the Northern Midlands and Mountainous region. The focus is on key projects and several important regional and inter-regional connecting roads. As of now, the transportation infrastructure system in Yen Bai has achieved significant progress.

Yen Bai's potential for exporting to the Halal market

Yen Bai currently boasts over 7,440 hectares of tea cultivation, producing more than 69,000 tons annually.

The global Halal market is valued at approximately USD 5 trillion annually, with a strong demand for cinnamon and tea products. This presents significant export opportunities for Yen Bai Province.

Yen Bai City exceeds vocational training targets by 15%

Students of Yen Bai Vocational College during an electronics practice session.

In 2024, Yen Bai City achieved vocational training for 2,259 individuals, exceeding the target of 1,790 by 115%. Of this total, 578 people were trained at the college level, achieving 125% of the assigned target of 461.

Economy