Văn Yên finds fortune in cinnamon
Yen Bai Province's Văn Yen District is known as Viet Nam's cinnamon capital, home to the country's largest cinnamon-growing area, covering up to 16,000ha.
Since ancient times, cinnamon has been planted by the Dao ethnic minority people in the district. Their tradition dictates that when the children reach the age of employment, their parents will teach them how to grow cinnamon.
In recent years, cinnamon has become an important crop with a high value in Văn Yen. It has evolved into a valuable raw resource for use in pharmaceutical, cosmetic, and craft sectors.
The district exports about 6,000 tonnes of dried cinnamon bark to the domestic and international markets. The annual output of cinnamon leaves is about 63,000 tonnes per year and about 300 tonnes per year of essential oil. The output of cinnamon wood is nearly 51,000cu.m per year.
Cinnamon can be peeled and collected starting at five years old. The older the trees, the higher the profit they can bring.
As the price of raw materials is very high, people here can earn a good income. For this reason, all communes of the district engage in cinnamon production. They provide materials for processing and auxiliary services for nearly 200 businesses, cooperatives and households in the area.
Seeing its effectiveness, cinnamon is grown in 27 communes across the district. It has become the district’s main crop and brings in over VNĐ700 billion (over US$30 billion) for local farmers per year. This promotes socio-economic development for the locality. VNS
- Vietnam pledges to effectively manage small arms, light weapons
- Farmmi Receives Multi-Product Order for Export to Japan
- CLAP successfully develops Retardation Film for OLED displays based on its own liquid crystal material technology
- Examine the case of the ‘examination struggle god’ who refuses to attend college and holds an enormous bonus at residence
- The Inaugural GS1 HK Solution Day Concluded with Great Turnout
Ho Chi Minh City aspires to become international financial centre
Kredivo introduces its newest payment methods in Vietnam
Indian Adani group commits 10 billion USD investment in Vietnam
Eminem And Snoop Dogg Turn into NFT Bored Ape Yacht Membership In The New MV
LIXIL announces continuing support for the Asia Pacific Property Awards