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ĐKKD số 361043000035 do Sở Kế hoạch và Đầu Tư Phú Yên cấp ngày 18/11/2007

Tên tiếng Anh: Vung Ro Petroleum Company Limited

Địa chỉ trụ sở chính: Xã Hòa Tâm, Huyện Đông Hòa, tỉnh Phú Yên

Ngành nghề KD: lọc hóa dầu

Vốn điều lệ: 66,775,800,000,000 đồng

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Developing forestry economy towards way of socialization
Together with the work of forest protection, growing production forest towards the way of is one of the key solutions to develop forestry economy of Phu Yen.

Son Dinh commune farmers (Son Hoa district) buy seedlings for forestation - Photo: LÊ TRÂM

Socializing the economic forestation

Reason for developing forestry economy is that the high value of wood from planting forest, while the land for planting forest is poor land, less effort and low investment compared to other plants. Even some households having only some thousands of square meters of poor land have utilized it to plant forest, mainly acacia, opening the new way for forestry development.

Many planting forest and wood processing companies in the province have cooperate with people to plant, take care and harvest forest plants under the mode of win win. Presently, the price of acacia wood is from 1.2 to 1.5 million VND/ton (acceding to the diameter), an increase about 100,000 VND/ton. Averagely the benefit of one hectare is from 40 to 50 million VND after 7 years of planting. Besides, the productivity of wood is so high, averagely 70 ton/ha; the households who have intensive cultivation, take good care of plants can get 90 to 120 ton/ha, so it has encouraged people and businesses in planting economic forest.

According to Phu Yen Forestry Department, in the province there are 67,000 ha of planting forest, in which the area of three years and older planting forest accounts for 61,300 ha. Particularly, Dong Xuan mountainous district is the largest planting forest, with more than 13,000ha, and the district has proposed target that to the year of 2020 the district will plant more 9,000 ha of economic forest using for the paper industry, pellets, chips plywood ...

Mr. Nguyen Van Kien in Xuan Phuoc Commune, Dong Xuan district, said: "My family planted new forest on added land of 2ha (land in many places) which is exhausted. I Hope that, after 5 to 7 years of planting, the income per hectare is about 50 million VND. "
"The District has policy on encouraging and creating favorable conditions for all economic sectors to invest in planting forests; using high-yield seedlings, intensive planting to make a concentrated raw materials for wood processing industry; improving value-added forest products, and value of environmental services of forests. Striving to increase the rate of forest cover to 47% by 2020, an increase of at least 6% compared to today", Dang Ngoc Anh, Chairman of Dong Xuan said.

Encourage investment in the processing industry

To meet the demand for plantation timber, reducing shipping costs, the PPC has created conditions for two enterprises to invest in timber processing factories. One factory under the project on Binh Nam wood processing complex of Binh Nam Co., Ltd. is invested 183 billion VND, with capacity of 200,000 tons of wood / year in Xuan Lanh, a mountainous commune of Dong Xuan district, expected to put into operation by the end of this year. Mr. Hoang Trung Son, Deputy Director of Binh Nam Company Limited, said: “After coming into operation, the factory will meet the output demand of Dong Xuan plantations, including 4,000 hectares of the company and 3000 ha of the farmers being cooperated with the company to invest in planting”.

In addition, two months ago, another wood processing factory with capacity of 100,000 tons of wood / year Bao Chau Private Enterprise constructed in Dong Bac Song Cau Industrial Zone, has come into operation. Initially, the factory specializes in the production of wood chips for export and will move to product pellets, the more valuable item. Mr. Tran Dang Khoa, director of Bao Chau Private Enterprise, said: "By 2017, we will product pellets, the high export value production with size of 3cm wide, 4cm long and 1cm thick for export to potential customers such as South Korea, the US, EU ... at that time, one pellet produces heat equivalent to 5kg of dry wood". Currently, Bao Chau Pte has nearly 2,000 ha of timber area to serve the operation of the factory, of which 600ha are in harvest.

To develop a sustainable forest sector, Phu Yen is planning system of forest seedlings, nursery gardens of forestry plant varieties towards socialization, wide application of tissue culture technology to rapidly multiply forest seedlings with high growth rate, better wood quality, striving to 2020 it will provide 80% of seedlings from recognized seedling source. 100% of seedlings and production and business facilities will be controlled on the quality of forestry plant varieties under surveillance procedure for all major plant species for reforestation.


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Permit No. 124/GP issued by the Ministry of Information and Communications on August 21, 2012.

Editor: Mr. Nguyen Chi Hien - Director of Department of Planning and Investment.

Deputy Editor in charge of business and investment in Phu Yen: Mr. Nguyen Le Vu - Deputy Director of the Department of Planning and Investment and Director of Investment Promotion Center.

Please write "businesses and investment of Phu Yen" when issuing the information from this website.

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