Learning by himself, Mr. Ngo Kim Quyen in Dong Tien ward, Hoa Binh city, Hoa Binh province has successfully cultured cordyceps. The product meets OCOP 3-star standards.
Mr. Ngo Kim Quyen, owner of QP Gold facility in Dong Tien ward, Hoa Binh city, Hoa Binh province checks products before selling.
In 2016, Mr. Quyen set up QP Gold cordyceps production facility. In 2019, Mr. Quyen spent all of his accumulated capital and loans to build a production zone. Each batch implants about 1,000 boxes of embryos. After 2 months, about 30 kg of fresh cordyceps are harvested, equivalent to 5 - 6 kg of dried cordyceps. Fresh cordyceps mushrooms cost 7 million VND/kg, dried cordyceps mushrooms cost 40 million VND/kg. During the Covid-19 epidemic, his family still earned about 50 million VND each month. Currently, revenue from cordyceps mushrooms has increased by 2 - 2.5 times.
QP Gold facility has 2 product groups from cordyceps mushrooms: fresh and dried cordyceps grown with synthetic organic nutrients and one type grown on silkworm pupa hosts. Products on silkworm pupae are high-end products.
QP Gold facility became an address for a lot of young people in Hoa Binh city and other places to visit, learn from experience, and collaborate in production and consumption of products. A remarkable milestone is that in 2022, QP Gold's cordyceps products were recognized as meeting 3-star OCOP standards. This success helps products sell better. Annual revenue from cordyceps products reaches about 1 billion VND.
Currently, Mr. Quyen and his wife have completed the production area with many machines, such as: modern dryers, a temperature-guaranteed breeding area... In order to let consumers know more about the product, Mr. Quyen introduces from selling embryos to providing seeds and products to the market. He actively participates in investment promotion conferences in Hoa Binh province to search for markets. Through this activity, products are introduced at many fairs and seminars inside and outside Hoa Binh province...
"Continuing to improve farming techniques, focusing on seed sources and perfecting the machinery system to serve the livestock farming process... are the solutions QP Gold continues to improve product quality and promote standards" - Mr. Quyen said.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
