After 13 years of implementation, TH true MILK's Dairy Cow Farming and Concentrated Milk Processing Project with an investment capital of 1.2 billion USD on a total area of 37,000 hectares in Nghia Dan district has truly awakened the potential of Phu Quy land of Nghe An. The dairy cow herd has grown to nearly 70,000 cows, with an average milk output of nearly 280,000 tons of milk/year. Operated effectively according to a closed production chain, raw fresh milk from the farm is processed right at the TH true MILK Clean Milk Factory, with a designed capacity of 500 million liters of milk/year, the largest fresh milk factory in Southeast Asia. In 2021, TH Group's revenue from dairy, beverage and sugar products reached nearly 10,000 billion VND. From Nghe An, this model of TH has been and is being built in the provinces of Ha Giang, Tuyen Quang, Thanh Hoa, Phu Yen, Kon Tum, Lam Dong, An Giang... Notably, in the Russian Federation, TH's Dairy Cow Farming and Milk Processing Project with an investment capital of up to 2.7 billion USD welcomed the first herd of cows in early January 2018, and broke ground on the TH Milk Processing Factory in Kaluga province in October 2019... These projects all follow the direction of green economy - circular economy, an economic model that has been systematically implemented at TH, demonstrated in the closed production process "from green pasture to clean glass of milk" of TH Group over the past 10 years.
Up to now, there have been a total of 21 projects invested by the group in Western Nghe An with a total capital of 65,697 billion VND, of which the majority are agricultural projects. Such as the project of growing vegetables and flowers in greenhouses, with an investment capital of 2,423 billion VND, an area of 520 hectares (FVF); Nghe An Wood Factory Project (MDF), with an investment capital of 1,896 billion VND; Project of Conservation and Development of high-quality medicinal materials associated with sustainable forest development in Nghe An, with an investment capital of 2,743 billion VND in phase 1 and a total investment capital of the next phases expected to be 19,512 billion VND; Nui Tien Pure Water, Herbs and Fruit Factory, with an investment capital of 1,176 billion VND, has now put into operation phase 1 with 3 production lines with the most advanced and modern technology in the world, 100% automation, energy saving and environmentally friendly; The clean orange growing project in Nghia Dan district has now planted more than 70 hectares of Xa Doai oranges with 35,250 orange trees...
These projects have been changing the face of the Western Nghe An region with typical examples of high-tech applications, creating a chain of projects from production, processing to consumption markets according to the circular economic model; promoting the greening of the agricultural economy. In particular, with outstanding thinking in applying high technology, especially in agriculture, the influence of these projects has gone beyond the Western Nghe An region, becoming a typical national example reaching the international level.
Over the years, the success of TH Group's projects has been marked by the consulting and investment of Bac A Commercial Joint Stock Bank, especially high-tech agricultural projects nationwide.
Perhaps few people have noticed that in the past, the logo of BAC A BANK was two hands supporting the yin-yang coin, placed on a rice flower background, expressing the idea that the bank would develop steadily, based on the foundation of agriculture to break through and move forward. Currently, the logo of BAC A BANK has a stylized lotus flower, symbolizing a bright mind, intelligence, philosophy of life, dedication, desire to rise up and optimism about a bright future. And the bright future that BAC A BANK is aiming for is not outside of a developed agriculture, applying high technology to create momentum for other industries.
Perhaps few people have noticed that in the past, the logo of BAC A BANK was two hands supporting the yin-yang coin, placed on a rice flower background, expressing the idea that the bank would develop steadily, based on the foundation of agriculture to break through and move forward. Currently, the logo of BAC A BANK has a stylized lotus flower, symbolizing a bright mind, intelligence, philosophy of life, dedication, desire to rise up and optimism about a bright future. And the bright future that BAC A BANK is aiming for is not outside of a developed agriculture, applying high technology to create momentum for other industries.
Over the years, BAC A BANK has truly been a pioneer in the field of investment consulting and credit granting for businesses investing in high-tech applications in agriculture and rural areas. “Following this path, BAC A BANK hopes to contribute to creating a generation of sustainable businesses, focusing on investing in social security areas such as clean food processing, medicinal material production, education, healthcare, etc. These are areas that create core values, are environmentally friendly, and at the same time help BAC A BANK send a message about a bright future,” a bank representative once shared. However, these are also industries with slow capital recovery, requiring drastic and persistent investment as well as a long-term vision with both flexible and tight orientation.
“Keeping a bright mind to reach far and wide”, with this operating principle, each project that Bac A Commercial Joint Stock Bank consults on investment will become projects that bring true happiness to the community. As a companion in both capital and strategic consulting, BAC A BANK has worked closely with TH Group to implement many outstanding high-tech agricultural projects; and it is easy to see that most of these projects aim at sustainable development, bringing farmers into a closed production chain led by TH. From the orientation of linking farmers through cooperatives, building production chains, TH Group will provide technical guidance and technology transfer. In this model, cooperatives will be like a link in the product value chain, providing production plans, standards, technical regulations as well as product quality requirements. “By participating in our project, farmers can get rich and be proud of their land, the land that has produced products that the world has accepted with the most stringent requirements and standards” - Ms. Thai Huong - General Director of Bac A Joint Stock Commercial Bank shared.
Nearly 30 years of construction and development, efforts and perseverance with different and challenging choices, BAC A BANK has made impressive steps of growth in the direction of safety, efficiency and sustainability. The unit always adheres to the set strategy of being an investment consulting bank and providing credit to businesses operating in high-tech fields, modernizing agriculture, rural areas and social security such as health, education, contributing to creating a green, clean ecosystem. Becoming one of the prestigious brands in the Vietnamese banking system, to become a universal bank bringing practical happiness to the community.
