11:12 | 23/09/2015 Economy- Society
Japanese firm Hayabusha will raise its beef cows in the northern province of Ha Nam.
Japanese firm Hayabusha will raise its beef cows in the northern province of Ha Nam. — Illustrative VNA/VNS Photo
It created a pilot programme with 10 Japanese breeds, and unveiled it on Thursday during talks with local authorities.
If carried out successfully, the pilot farm would house 500 cattle, Hayabusha Chairman Asao Kunio said, adding that Japan's beef was popular for its tenderness and deliciousness.
However, the meat is pricy due to high production costs in its hometown (one cow is valued at about 1 million JPY or US$8,290).
Ha Nam boasted a favourable investment climate and policies, alongside suitable conditions for animal husbandry, Kunio said.
Provincial Party Committee Secretary Mai Tien Dung approved Hayabusha's plan, requiring a scale of between 20 and 25 cows per hectare, as well as technology transfer and training for locals.
Ha Nam planned different areas for milk and beef cows across communes near the Red River and Chau Giang River.
Currently, 54 Japanese enterprises are investing in Ha Nam, including four in the agricultural sector./.