According to statistics, Vietnam currently ranks second in Asia in exporting handicraft products. Vietnamese products are present in the markets of 163 countries and territories, reaching an export value of about 2 billion USD/year. Among them, handicraft items made from water hyacinth are very popular in foreign markets
Mr. Vu The Manh - Deputy Director of Artex Dong Thap Joint Stock Company - said: The unit specializes in producing interior items made from water hyacinth and sedge. Each year the company exports about 6 million USD of products from water hyacinth, such as: carpets, baskets, newspaper racks, paper trays, vases, and lounge chairs to countries such as the US, Australia, Japan, France, etc. jobs for thousands of local workers.
When there are orders from foreign partners, the company produces iron frames according to samples and delivers them to water hyacinth weaving groups in the province, then purchases them back. Thanks to that, it solves the problem of idle labor in rural areas, bringing stable income to people.

Ms. Dang Thi Ly - a worker at Artex Dong Thap Joint Stock Company - said that her family situation was lonely, her husband passed away early, so she had to work alone to earn money to raise her children. Previously, she worked many jobs but her income was unstable. Now, thanks to working for Artex Company, being trained in knitting, and having a stable salary, my life is better than before.
To meet the requirements of export quality standards, Artex Dong Thap Joint Stock Company must invest in equipment, standard production lines, and train professional human resources; Organize production according to the standards desired by customers. For example, when cooperating with AKIA Group, the company must meet their requirements that the export chain must meet GMP. All stages of production must be controlled for mold.
"To have a stable source of capital to serve production, for many years, the company has cooperated with Agribank Dong Thap Province Branch. Agribank's capital source is always very timely and appropriate so that the company can respond well. need for raw materials. Agribank's capital source is very effective, competitive interest rates have helped our company have conditions for investment and development, and products are highly competitive in the international market" - Mr. Vu The Manh shared. shall.
Up to now, companies specializing in exporting handicrafts such as Artex Dong Thap Joint Stock Company have been a solid fulcrum for people to feel secure in production, contributing to improving product value many times over. compared to just domestic consumption. And to do this, there must be capital support from Agribank for businesses specializing in exporting, promoting business, and expanding scale.
According to statistics from Agribank Dong Thap Branch, currently the proportion of loans to the rural agricultural sector accounts for nearly 78% of the total loan balance.
Agribank 's companionship and timely support have contributed to promoting the rapid development of water hyacinth weaving in Dong Thap province, bringing economic efficiency, creating suitable jobs, improving people's lives, and contributing to hunger eradication, poverty reduction, new rural construction and labor restructuring, local socio-economic development.