Learning by himself, Mr. Ngo Kim Quyen in Dong Tien ward, Hoa Binh city, Hoa Binh province has successfully cultured cordyceps. The product meets OCOP 3-star standards.
Mr. Ngo Kim Quyen, owner of QP Gold facility in Dong Tien ward, Hoa Binh city, Hoa Binh province checks products before selling.
In 2016, Mr. Quyen set up QP Gold cordyceps production facility. In 2019, Mr. Quyen spent all of his accumulated capital and loans to build a production zone. Each batch implants about 1,000 boxes of embryos. After 2 months, about 30 kg of fresh cordyceps are harvested, equivalent to 5 - 6 kg of dried cordyceps. Fresh cordyceps mushrooms cost 7 million VND/kg, dried cordyceps mushrooms cost 40 million VND/kg. During the Covid-19 epidemic, his family still earned about 50 million VND each month. Currently, revenue from cordyceps mushrooms has increased by 2 - 2.5 times.
QP Gold facility has 2 product groups from cordyceps mushrooms: fresh and dried cordyceps grown with synthetic organic nutrients and one type grown on silkworm pupa hosts. Products on silkworm pupae are high-end products.
QP Gold facility became an address for a lot of young people in Hoa Binh city and other places to visit, learn from experience, and collaborate in production and consumption of products. A remarkable milestone is that in 2022, QP Gold's cordyceps products were recognized as meeting 3-star OCOP standards. This success helps products sell better. Annual revenue from cordyceps products reaches about 1 billion VND.
Currently, Mr. Quyen and his wife have completed the production area with many machines, such as: modern dryers, a temperature-guaranteed breeding area... In order to let consumers know more about the product, Mr. Quyen introduces from selling embryos to providing seeds and products to the market. He actively participates in investment promotion conferences in Hoa Binh province to search for markets. Through this activity, products are introduced at many fairs and seminars inside and outside Hoa Binh province...
"Continuing to improve farming techniques, focusing on seed sources and perfecting the machinery system to serve the livestock farming process... are the solutions QP Gold continues to improve product quality and promote standards" - Mr. Quyen said.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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