According to the provincial Department of Agriculture and Rural Development, the sum will be used to support tea, diễn grapefruit and high-quality rice cultivation, aquaculture and afforestation. Land consolidation, livestock waste treatment and good agricultural practices will also be assisted during the period.
Beneficiaries are co-operatives, co-operation groups, farms and farming households that are part of concentrated agricultural production areas.
Those who replace old tea varieties with new high-quality ones will be provided with as much as VND8 million (US$360) per hectare.
A similar financial aid model will help the cultivation of the renowned diễn grapefruit. Up to VND200 million (US$9,000) will be allocated for building each seedling production garden of this variety.
Farmers who connect with one another to produce high-quality rice on at least 10 hectares of conjoined farmland and apply advanced machinery will be assisted with VND900,000 (US$40) per hectare to buy quality seeds, the department said.
It added that Phu Tho will finance 50% of biogas facility construction expenses to a maximum of VND40 million (US$1,800) for each farm raising at least 300 pigs.
Those farming aquatic species on at least 2.1 hectares of water surface can gain financial help, up to VND5 million (US$225) per hectare, to purchase young fish.
Money will also be provided to support land consolidation and people who hire land to plant perennial trees or carry out large-scale agricultural production.
Between 2011 and 2015, Phu Tho spent VND205 billion (US$9.2 million) on assisting key agricultural production programmes, the provincial department said.
It noted crop and aquatic production value reached VND90 million (over US$4,000) per hectares last year, 1.7 times higher than that in 2010. As a result, local agriculture posted an annual growth rate of 5.09% during the period, contributing to local socio-economic development.
