Jan 27 2009, 06:36 PM
QUOTE(kmack46 @ Jan 26 2009, 06:56 AM)
Hi Guys
I am interested, what happenned about all the interest in the Agarwood was it because of what the jolly green giant said. I must admit I have read all of the past posts and I checked up. There are a few companies advertising that they will sell the young trees at £33 each and the cost of the tres in total would be 300 X 33 = lets just say £10000 plus £1000 per year for management and after 6 years they will sell the trees at £200 each = £60000 less costs = £44000 (this includes the deduction of the kits) It all seemed to good to be true and I know why now. It is a bit dissapointing as I was looking for a business to get into so I could come and live in your country. Jolly Green Giant if you have more info on either oil palm or Rubber trees I would be interested. I recon I would need 30 to 50 Hectares for the rubber plantation. What is the likely hood of finding that amount of land and what would it cost. Thanks to all you guys for some interesting reading. In my opinion it was a bit of a scam Google "Touchwood Investments Scam" and you will see what I mean. Going by the figures from Vietenam it would be almost pointless to grow agarwood. In the long run it is best to go for the Rubber Plantation. If any one wants to shed some info I am all ears and maybe we could all benefit from the information. The main thing is guys dont stop looking for a way to make money in a different way go with the flow. If one idea fails close it like a finnished book pick up another and start to read another book. That comes fro a psychologist not me the wife LOL!!!! hope I get some feed back cheers guys!
I think jollygreengiant had brought many people down to earth. I think the figure of 100 million VND to 300 million Vnd per hectare of agarwood quoted by the government does not apply universally. We must understand that vietnam is still a very autocratic society and much of it is still been controlled by government. In vietnam where the average monthly wage of a factory worker is 900000 Vnd Per 2 month i.e. they are paid bi-monthly earning 100 million VND is a huge sum of money. I am interested, what happenned about all the interest in the Agarwood was it because of what the jolly green giant said. I must admit I have read all of the past posts and I checked up. There are a few companies advertising that they will sell the young trees at £33 each and the cost of the tres in total would be 300 X 33 = lets just say £10000 plus £1000 per year for management and after 6 years they will sell the trees at £200 each = £60000 less costs = £44000 (this includes the deduction of the kits) It all seemed to good to be true and I know why now. It is a bit dissapointing as I was looking for a business to get into so I could come and live in your country. Jolly Green Giant if you have more info on either oil palm or Rubber trees I would be interested. I recon I would need 30 to 50 Hectares for the rubber plantation. What is the likely hood of finding that amount of land and what would it cost. Thanks to all you guys for some interesting reading. In my opinion it was a bit of a scam Google "Touchwood Investments Scam" and you will see what I mean. Going by the figures from Vietenam it would be almost pointless to grow agarwood. In the long run it is best to go for the Rubber Plantation. If any one wants to shed some info I am all ears and maybe we could all benefit from the information. The main thing is guys dont stop looking for a way to make money in a different way go with the flow. If one idea fails close it like a finnished book pick up another and start to read another book. That comes fro a psychologist not me the wife LOL!!!! hope I get some feed back cheers guys!
Corruption there is rife and a lot of the costs went into greasing the officials palm.
A more accurate estimate would be to look at the current market price from the buyer's end and then working backwards. Farmers will always earn much less than the middlemen and this has become a fact of life in capitalistic societies. Farmers themselves should try to move up the value chain and if they can't form their own cooperatives. In this way they will be able to command a much higher value for their product.
I still think agarwood planting and processing is still viable as a business. Farmers can always go for niche market alone or jointly with other producers.
This post has been edited by chiongguo: Jan 30 2009, 12:11 AM
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