Young people kicking off profitable agriculture start-ups

With a number of initiatives on how to develop the local economy, many young people have returned to northern Bac Ninh province to enrich the land and improve livelihoods.


Back in 2013, Tran Van Truong had graduated and was working a 9-to-5 job but was unsatisfied with the salary. He decided to return to his homeland, in Bac Ninh province, to begin an agricultural start-up on 2 ha of family land and with a loan from the Bac Ninh Youth Startup support initiative. Several years later, his start-up posts annual profits in the hundreds of millions of dong.

Pham Van Son is another example of a young person daring to venture into start-ups. Having left a high-paying job as an IT engineer, he returned home to experiment with hydroponic vegetable cultivation, but success was hard to come by. After learning from his mistakes and acquiring more knowledge, in 2018 he decided to again experiment with clean agriculture products utilising high technology.

Over the last three years, Bac Ninh province has supported 81 start-up projects with total loans of up to 60 billion VND. Thanks to this timely support, its start-up scene has a vibrant outlook./.