Financial Efficiency of Nam Roi Pomelo Planting Models under Vietgap Standards in Binh Minh Town, Vinh Long Province

Nguyen Quoc Nghi

Title:
Financial Efficiency of Nam Roi Pomelo Planting Models under Vietgap Standards in Binh Minh Town, Vinh Long Province

Authors:
Nguyen Quoc Nghi

Cite This Article :

Nguyen Quoc Nghi "Financial Efficiency of Nam Roi Pomelo Planting Models under Vietgap Standards in Binh Minh Town, Vinh Long Province" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1, December 2020, pp.1350-1352, URL: https://www.ijtsrd.com/papers/ijtsrd38215.pdf

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Abstract :
The study aims to evaluate the financial efficiency of Nam Roi pomelo farmers in Binh Minh Town, Vinh Long Province. Direct interviews were used to survey 70 households (35 households planting pomelos with traditional methods and the other 35 follow VietGAP standards) in My Hoa and Dong Thanh Commune. The Financial ratio analysis and the Independent Samples T-Test were applied in the study. The research results show that, although the resources are limited, Nam Roi pomelo farmers have applied technical advances in their cultivation process to improve productivity and raise their incomes. All financial ratios about the production efficiency of Nam Roi pomelo farmers following VietGAP standards are better than those of traditional pomelo farmers. This concludes that the application of technical advances in pomelo production has brought higher economic benefits for farmers.

Keywords :
financial efficiency, Nam Roi pomelo, farmer, Binh Minh Town

Publication Details:

Unique Identification Number : IJTSRD38215

Published In : Volume-5 | Issue-1, December 2020

Page Number(s) : 1350-1352

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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