Ms. Dang Huynh Uc My, Chairman of TTC AgriS, and the Australian Ambassador committed to promoting sustainable agriculture.
Recently, Ms. Dang Huynh Uc My - Chairwoman of the Board of Directors of Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC AgriS, HOSE: SBT) and Mr. Andrew Goledzinowski - Ambassador Extraordinary and Plenipotentiary of Australia to Vietnam discussed bilateral cooperation opportunities to promote sustainable agricultural development.
Commitment to promote bilateral cooperation between Vietnam and Australia
At the meeting on October 16, Ms. Uc My introduced TTC AgriS's sustainable development strategy, focusing on the circular value chain model to optimize crop value and minimize environmental impact.
Expressing his impression and support for the business strategy, Ambassador Andrew Goledzinowski said: “Australia and Vietnam share the goal of sustainable development and minimizing environmental impact. The Australian Government is ready to cooperate and support the business communities of both countries in green transformation and creating a circular economy.”
TTC AgriS Chairman Dang Huynh Uc My and Ambassador Andrew Goledzinowski during the meeting and exchange on October 16 |
According to the Southeast Asia Economic Strategy to 2040, Ambassador Andrew Goledzinowski affirmed that Vietnam is the focus of Australia's investment program in Southeast Asia, with 4 priority areas: agriculture and food, resources, green energy, education and skills. Australia is gradually realizing the Strategy through support and cooperation programs aimed at the above areas. In the field of agriculture, the two countries are conducting favorable negotiations to reach an agreement on two-way agricultural market access.
The Chairwoman of TTC AgriS said that she sees a lot of potential from the sustainable smart agricultural value chain and trade and investment opportunities between the two countries. She is also aware of the role and responsibility of contributing value to the community through business operations. Therefore, TTC AgriS is committed to strengthening cooperation, contributing value to the community and aiming for long-term prosperity and security for both regions.
Previously, at the CEO Forum of the ASEAN – Australia Special Summit 2024 on the occasion of the 50th anniversary of Vietnam – Australia relations, Ms. My shared the efforts of the business community and the commitment to increase trade. At the Australian Investment Forum in April 2023, Ms. My also pointed out that Australia is the best destination for sustainable agricultural raw materials to diversify Vietnam’s global supply.
Ms. Dang Huynh Uc My and Mr. Andrew Goledzinowski affirmed to cooperate closely to promote sustainable agriculture between the two countries. |
Australia – A strategic country in TTC AgriS's global development roadmap
Ms. Uc My affirmed: “Australia is a strategic country in our international development roadmap. With its advanced agriculture, Australia helps TTC AgriS expand its digital agriculture platform (Agtech) and food technology (Foodtech), meeting international standards as a foundation for brand expansion in the global trade chain.”
As the leading sugar company in Vietnam, TTC AgriS owns cross-border raw material areas in three Indochinese countries and Australia. In 2022, in the strategy of expanding raw material areas beyond Vietnam, Ms. My directly discussed the cooperation strategy for developing 4.0 agriculture with the Queensland government (Australia) to develop 20,000 hectares of raw material areas here. Currently, more than 1,600 hectares have been put into cultivation, applying digital farming technology through the FRM (Farmer Relationship Management) management platform and are continuing to expand.
With the support of the Ministry of Agriculture and the Queensland State Government (Australia), the company has developed many high-tech agricultural solutions using biomass and biofuels, as well as training high-quality human resources, promoting agricultural extension and agronomic consulting. At the same time, Ms. My has also worked with leading organizations such as Farmacist Agronomy Consulting Company to open up international cooperation opportunities in the research and development of agriculture 4.0, technology transfer and organization of Demo Farms in Vietnam.
TTC AgriS is developing a one-stop international agricultural solution center with the goal of connecting experts, transferring technology and best practices in precision farming from Queensland (Australia) to Tay Ninh. Accordingly, Australia is the center's headquarters in the international market, acting as the origin of transferring agricultural solutions to Vietnam and from there spreading to the whole of Southeast Asia. The plan also includes a project to build a 616ha model farm according to high-tech and sustainable agricultural standards from Australia.
In addition, Australia has also been identified by the Chairman of TTC AgriS as an important country to develop international trade in the region. In September 2024, TTC AgriS completed an investment of 1.5 million AUD in East Forged - an Australian cold brew nitro tea production company through its member company Global Mind Australia (GMA). This is an acceleration milestone in TTC AgriS's plan to deeply participate in the global Food - Beverage - Milk - Confectionery market, especially in the field of processing foods of natural origin.
With a solid foundation of cooperation, Ms. Uc My believes that the strategic partnership with Australia will play an important role in the company's development roadmap and Net Zero goal by 2035. The meeting between her and Ambassador Andrew Goledzinowski affirmed the strong commitment of both sides to promote sustainable agriculture in the global trade value chain.
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