Prime Minister Nguyen Xuan Phuc at the groundbreaking ceremony of a high-tech concentrated dairy cow farm cluster project in Thanh Hoa Province. — VNA/VNS Photo Thong Nhat
TH Group on Wednesday started construction of its high-tech concentrated dairy cow farm cluster project in the central province of Thanh Hoa.
The groundbreaking ceremony was attended by Prime Minister Nguyen Xuan Phuc.
Located in Yen My and Cong Binh communes of Nong Cong District, the VND3.8 trillion (US$162.6 million) project is set to house 20,000 cows.
The farm cluster will use modern technology to help TH Group meet the increasing demand for fresh milk in the domestic market.
Its milk products under TH true MILK have met with international standards from dairy cow management of Afimilk (Israel), veterinary management of Totally Vets (New Zealand) and financial management of SAP (Germany).
At the ceremony, the group also introduced sustainable development model of the dairy sector with farmers under high-tech co-operatives.
Accordingly, TH Group will help farmers apply high technologies such as cloud computing and internet of things into its production through co-operative model. Its first model has been implemented in Da Lat through the Dalatmilk brand. Dalatmilk has installed electric chips in cow herds at each farmer household to monitor cows’ health through computers or smartphones. It also provides medicine and food and buys milk from households in the programme.
The model will be implemented in Thanh Hoa, Ha Giang, Lao Cai, Cao Bang, Quang Ninh, Cu Chi (HCM City) and Ba Vi (Ha Noi).
Thai Huong, TH Group’s founder, said she hoped to support farmers with some 200,000 cows through the high-tech co-operative model by 2025. Meanwhile, the group also aims to double the number of cows under its close breeding chain to 400,000.
TH Group and Wuxi Jinning International Food City, China's largest wholesale unit last month signed a deal on consumption of food products, agro-product and dairy products in the Chinese market.
Its milk brand – TH true MILK accounts for 40 per cent of market share in Viet Nam with more than 70 products. Its fresh milk capacity growth rate was over 22 per cent and total revenue of VND7 trillion last year. — VNS