Friday, October 3, 2025

The Ginseng That Rewrote a Village's Future: The Story of Nghia Hung




For generations, the farmers of Nghia Hung commune in Nghệ An province knew the rhythm of hard work, but not the relief of security. They poured their labor into traditional crops like sugarcane and custard apples, living under the constant anxiety of an unpredictable market. A good harvest could be wiped out by plummeting prices, making it impossible to plan for the future, pay off debts, or dream of a better life for their children. They were caught in a draining cycle of intense effort for uncertain returns, a reality that tethered their ambitions to the soil. But the seeds of change were about to be sown by one person's journey and a bold idea.

1. A Spark of Hope from Afar

The catalyst for transformation was Mrs. Lê Thị Dần. During a trip to the former Bắc Giang province, she encountered the Nui Danh ginseng cultivation model. She saw more than just a plant; she recognized a powerful solution to the very challenges that held her community captive. Observing its high economic value and, most importantly, the stable demand for its products, Mrs. Dần realized this medicinal herb could offer the security her community so desperately lacked.

Filled with a powerful conviction, she returned home and, with her husband, made a courageous decision to go all-in on this new opportunity. Their commitment was immense, a high-stakes gamble backed by significant financial risk and painstaking labor.

  • The Loan: They borrowed 350 million VND to purchase tens of thousands of Nui Danh ginseng seedlings.
  • The Land Prep: They meticulously improved over 6 sào (a Vietnamese unit of area) of land, mixing in thousands of bags of rice husks and fertilizer to create the loose, fertile soil the ginseng needed to thrive.
  • The Technology: They invested in modern farming techniques, covering the soil with nylon to suppress weeds and installing a sophisticated automatic irrigation system.
  • The Total Cost: The entire initial investment for their new venture exceeded 500 million VND.

This high-stakes gamble, backed by meticulous effort, soon began to yield extraordinary results.

2. Reaping the Rewards: From Flowers to Fortune

The Nui Danh ginseng plants began producing valuable flowers in their second year. This cultivation cycle provides a sustained financial benefit, offering an annual income from the flowers for several years before the final, more lucrative root harvest after five to seven years. The main flower harvest season, running from late August to mid-October, is now a time of excitement and prosperity for the growers.

The financial return from Nui Danh ginseng dwarfed the income from traditional crops, creating a powerful new economic engine for the family and their neighbors.

Product Component

Market Price (per kg)

Dried Ginseng Flowers

600,000 - 700,000 VND

Ginseng Roots (Củ)

1,500,000 VND

From their 6 sào farm, Mrs. Dần's family now earns an estimated 350-400 million VND each season—an income many times higher than they could have ever achieved with sugarcane. The ginseng's high value is rooted in its potent medicinal properties. It is rich in Saponin, an active compound known to enhance vitality, boost the immune system, prevent aging, and offer relief for coughs by loosening phlegm. Furthermore, it is highly sought after for its ability to improve sleep quality, making it a prized ingredient in traditional wellness. Mrs. Dần’s success was not a private victory; it was a beacon of hope that inspired her entire community.

3. A Community Transformed

Seeing the tangible success and feeling the new sense of excitement (phấn khởi), other farmers began to follow her lead. Mr. Lê Viết Hiển, for example, converted his 7 sào of land from unstable traditional crops to Nui Danh ginseng. He took the model a step further by investing 30 million VND in a drying machine. This individual investment in quality control was a crucial first step, demonstrating a new potential that the local government was quick to recognize and build upon. The technology allowed him to perfect his dried ginseng flowers, securing a contract with a company that agreed to purchase his entire output and eliminating all market uncertainty.

Under the guidance of Vice Chairman Phạm Văn Thông, the commune began supporting residents in processing the raw ginseng into higher-value goods. This initiative led to the creation of "trà nụ sâm núi Dành" (Nui Danh ginseng bud tea). This strategic move was a game-changer. The tea achieved OCOP 3-star certification, a prestigious designation for high-quality local products, validating its quality and opening doors to larger, more lucrative markets.

The introduction of Nui Danh ginseng did more than just boost incomes; it fundamentally changed the community's entire approach to agriculture, sparking a shift in mindset.

  • From subsistence to strategy: Farmers moved from planting traditional crops for survival to cultivating a high-value asset with a long-term business plan.
  • From manual methods to modern technology: The community embraced tools like drying machines and automatic irrigation to improve efficiency, guarantee quality, and increase yields.
  • From selling raw materials to owning the brand: They began capturing significantly more profit by processing, branding (with OCOP-certified tea), and marketing their own finished products.

This journey, from a single farmer's risk to a community-wide success, fundamentally reshaped the village's identity and its economic destiny.

Conclusion: A Blueprint for a Brighter Future

In just a few short years, Nui Danh ginseng transformed Nghia Hung. It brought not just wealth, but a new sense of purpose, confidence, and collaborative spirit. The community's story is a powerful testament to how vision, courage, and cooperation can turn a struggling village into a thriving one. It stands as a blueprint for other communities, proving that a single, well-researched idea, when embraced by many, has the power to rewrite a region’s future, turning a cycle of uncertainty into a legacy of prosperity.

 

Read "The Ginseng That Rewrote a Village's Future: The Story of Nghia Hung" on Viet Business Forum

Saturday, December 23, 2023

TikTok dancer's worst nightmare just came true.






MagicAnimate takes any static image and turns it into a full-blown animation. Imagine the Mona Lisa, and now imagine if da Vinci had the technology to record her dancing. The team behind MagicAnimate made that a reality.

Want to know how it works? According to the team, “MagicAnimate employs a video diffusion model and an appearance encoder for temporal modeling and identity preserving” for the sample image. For the animation process, it uses a “simple video fusion strategy that produces smooth video transition during inference.”

I’m not sure what all of that means either, but the results speak for themselves.

ByteDance isn't the only company working on turning images into video. Alibaba is building a tool called Animate Anyone that will be released in the future.

So the next time you want to show off your dancing skills, skip the recording, snap a photo and try…

Viet Business Forum

Prospects and challenges of technology stocks


 

Currently, information technology businesses in Vietnam mainly deploy software services based on the subscription model, bringing more recurring and stable revenue. Even though the pandemic is over, this group's revenue and profit are still relatively positive...

Vietnam's information technology (IT) workforce is highly adaptable to the development of new technologies. A large number of young employees, with good technical backgrounds, continuously improve their programming skills to a higher level. In addition, IT organizations train and educate about 50,000 programmers every year in addition to a proficient human resource of 400,000 IT engineers.
Also with competitive advantage in cost. The cost of hiring a software developer in Vietnam ranges from 10-25USD/hour, while other Asian countries have higher salaries, with the average in China being 18-50USD/hour (for programming). low-level programmer), in Thailand is from 13-40 USD/h, in the Philippines is 17.5-42.5 USD/h.
Government support policy for IT companies. Decision No. 2205/QD-TTg approving the Intellectual Property and Cyber ​​Security Development Program. Growth decelerates in software powerhouses such as China and Ukraine due to the unstable business environment, which brings great opportunities for IT businesses...
Global economic growth is more negative than forecast, leading to new revenue cuts and delays in implementing new IT projects. IT labor costs increase faster than expected because Vietnam still lacks 150-200 thousand IT engineers each year in the period 2022-2024. These are challenges for domestic IT businesses.
Besides, major economies, except China, are expected to have a “soft landing” in 2023, which will reduce overall IT spending. But there is still no sign of a decline in IT projects and budgets.
Since the pandemic, businesses have leaned towards OPEX-type IT spending (e.g. subscription-based Cloud services) to improve operational efficiency and productivity, while significantly cutting infrastructure spending. on-site infrastructure (which requires large CAPEX). The falling share of CAPEX IT spending in total IT spending makes spending in specific areas of equipment, hardware, and on-premises infrastructure more vulnerable to economic weakness, as cuts Reducing these costs is relatively easy when businesses want to save money...
FPT: Currently, the international IT services segment, (especially the US and EU) will grow more slowly in 2023 when high inflation in developed markets will slow down IT spending, while businesses Revenue from the Japanese market is likely to accelerate in 2023 thanks to work volumes and a recovering JPY.
The long-term prospects for this segment are still attractive because FPT 's competitive advantage of low costs will help ensure the number of new contracts in the future and high demand as businesses will still promote digital transformation.
With the domestic IT segment, FPT's revenue can record high growth due to expectations that demand from banks will recover and the digital transformation progress of government agencies will also accelerate.
ELC: The need to invest in smart transportation systems (GTTM) for upcoming expressways under the North-South expressway project and digital application in the transportation systems of major cities will Promoting growth for ELC in 2023.
In the period 2023-2026, ELC's GTTM segment will generate an average revenue of VND 600 billion, supported by GTTM investment demand for highways (including ETC) and cities, contributing nearly VND 60 billion. % into ELC's revenue structure.
Risk: The progress of completing the North-South Expressway is slower than expected or ELC does not win the GTTM packages of these expressways as expected. Investments in other units (because ELC plans to develop the Real Estate segment), if made, will reduce the group's operating efficiency.
Investors can open new purchases around the support zone of 10,500-11,000 VND/share to hold for a long-term goal of at least 1 year when ELC reaches the mark of 22-25,000 VND/share.
CMG: Telecommunications sector, the main contributor to CMG profits - is ready for the explosion of the Cloud services market. CMG owns an extensive telecommunications infrastructure, including a domestic fiber optic cable system connected to the international marine fiber optic cable network and three Tier-3 DCs. The new DC with high technical standards in Tan Thuan will help significantly increase CMC Telecom's capacity (up to 1,800 racks), capturing the rapid growth of demand for Cloud services in Vietnam.
CMG's 2023 P/E valuation is 14.4x, recommending buying when CMG price drops sharply. Risk of capturing IT spending from foreign customers and slower-than-expected service transition (moving to services higher in the IT value chain) of the Technology & Solutions segment. Investors can open a new purchase around 40,000 VND/share and cut losses when CMG breaks this price range and hold for a longer target when CMG reaches the target of 50-55,000 VND/share.
Mr Khoi

--

 

Viet Business Forum

The benefits of celery in the elimination of uric acid from the body



Celery helps reduce uric acid levels in the body, preventing the risk of gout. Graphics: Phuong Anh© Labour 

 

Long-term high uric acid puts pressure on the kidneys and joints in the body, so we must persistently reduce the amount of acid in our daily lives. Here is the effect of celery in uric acid elimination, reducing the risk of gout.

Gout is a form of arthritis that causes pain, swelling, heat, and redness in one or more joints. The joints most commonly affected are the joints of the big toe, fingers, knees ... The cause of gout is too large an accumulation of uric acid in the body.

Celery is a food containing a number of essential nutrients for the body including vitamins A, C, K, potassium, fiber, calcium ... A study published in health and lifestyle news site Ayur Times (India) found that celery can inhibit production as well as reduce uric acid levels in the body. This helps reduce the risk of gout.

In addition, the antioxidants in celery vitamin C aid in the elimination of natural chemicals in the body. This helps reduce the buildup of free radicals that can harm cells and lead to cancer and other diseases.

Celery is ranked as one of the vegetables that contain few calories and support weight loss, regulate lipid metabolism. The benefits of celery in weight loss are quite clear because this food contains a lot of fiber to help the body stay full for a long time.

Besides, celery contains other antioxidant and anti-inflammatory nutrients that should provide protection to the digestive tract. Natural fiber has this type of food that promotes health and aids digestion.

The large amounts of the plant compound phthalide present in celery are also important for aiding in lowering blood pressure. This compound relaxes the walls of arteries in the body to help blood flow and lower blood pressure.

 

Viet Business Forum

Sunday, September 24, 2023

Rare stocks are still cheap in the VN30 basket



Since the beginning of the year, 80% of stocks on the floor have increased, while up to 54% of businesses have lost profits or decreased profits over the same period.

According to statistics from Agriseco Securities experts, the price of many groups of stocks increased sharply and has started to surpass the peak in the past. Since the beginning of the year, 80% of stocks on the floor have increased, while up to 54% of businesses have lost profits or decreased profits over the same period.


In terms of valuation, the P/E and P/B valuation levels of many groups of stocks have ceased to be attractive and even approached the highlands compared to the past. Based on valuations at August 4, 8, 2023% and 38% of stocks listed on HOSE have higher P/B and P/E valuations than the last 46-year average, respectively. If compared to the end of 5 (before COVID-2019), up to about 19% of stocks have higher P/E and P/B than that time.

Agriseco Research forecasts that the market's profit will grow positively again in the second half of the year with third-quarter and fourth quarter growth of 10-12% and 50-55% respectively above the low base of the same period. Thereby, full-year profit can grow by 4-8% compared to last year.

"VN-Index will recover to 1,250 points by the end of 2023 on the basis that: The whole market profit can regain growth momentum in the second half of 2023 with a growth rate of 4-8% and a reasonable P/E of 13 times. In addition, favorable and disadvantageous factors are still intertwined from both domestic and foreign countries including inflation gradually cooling, exchange rates under control, interest rates falling..." - forecast experts.

In terms of stocks, in the opening stages of a new bull cycle of the market, large-cap stocks are often the earliest cash flow options, especially cash flows from institutional and foreign investors. Experts from Agriseco have filtered through the VN30 index basket to find stocks whose valuations are still low. The method is to compare P/B correlated with ROE profitability and compare P/B and P/E to the 5-year average.




For Method 1, only 3 out of 30 stocks are recording lower P/B valuations than before COVID-19 and at the same time have an improved ROE. Which includes TCB, VIC, VRE.

For Method 2, 11 out of 30 stocks are recording lower P/B and P/E valuations than the last 5-year average. In which, there are 6 bank stocks in the VN30 basket including ACB, HDB, MBB, TCB, TPB, VIB. There are also BVH, GAS, SAB, VHM, VRE stocks.

Therefore, to satisfy both of the above filtering methods, only 2 stocks in the VN2 basket currently have cheap valuations: TCB and VRE.

The expert said: "The valuation of the VN30 group is no longer too cheap. The group of stocks with P/E and P/B correlated valuations that are cheap compared to the past are mostly bank stocks."

Read the original post here.

Viet Business Forum





Wednesday, October 23, 2019

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