Dang Huynh Uc My: Unlocking the potential of circular agriculture

Positioning the power of transformation to pioneer integration

With a leading vision in the VUCA era with strict requirements for globalization and automation trends, Ms. Dang Huynh Uc My - Vice Chairman of the Board of Directors of Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC AgriS), and Chairman of the Board of Directors of Ben Tre Import-Export Joint Stock Company (Betrimex) - representing the generation of talented young female leaders of the smart agriculture industry, has made strides to conquer the world's potential science and trade playground.

Dang Huynh Uc My: Unlocking the potential of circular agriculture - 1

Identifying digital transformation as a pioneering path to help strengthen the position of Vietnam's agriculture 4.0 in the international arena, the Vice President quickly turned TTC AgriS into a leading enterprise in the field of smart agricultural development in Vietnam.

On a solid technology foundation, Ms. Uc My continues to lead TTC AgriS to successfully transform and develop a smart agricultural economic model integrating Production - Import - Export - Agricultural Services Trade, focusing on outstanding R&D activities.

The position of "Provider of high-tech agricultural solutions on the basis of sustainable development" is gradually affirmed by TTC AgriS through the business philosophy of Solutions - Sustainability - Technology.

These timely advances have created momentum for TTC AgriS to open up agricultural economic thinking and participate in the global supply chain of nutritional food and beverages.

Thanks to proactively standardizing its Governance activities to meet international practices, TTC AgriS quickly became the destination of leading financial institutions (such as IFC, SMBC, FCB Bank, and Group of large financial institutions).

Creating a series of new international cooperation opportunities on agricultural development 4.0 with leading organizations (Queensland State Government, Australia, Farmacist Agronomy Consulting Company, DEG - German Government Investment Fund...).

Ms. Uc My emphasized the urgency in promoting circular green economic value internationally, especially in the field of high-tech agriculture, at the Sustainable Development Conference on April 13, 2023 organized by Forbes Vietnam.

Compatible Potential - Open Potential in the Global Game

Aiming to elevate Vietnamese agriculture to the global trade value chain by mastering the internationalization trend, Ms. Uc My quickly grasped the potential for similar sustainable agricultural development in Australia to implement in-depth cooperation to promote the 4.0 agricultural value chain between the two countries.

This acknowledges the important contributions to positive trade and investment opportunities under the accompaniment of the Vietnamese and Australian governments.

Specifically, since 2022, TTC AgriS and the Queensland government, Australia have officially discussed strategies for developing 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, the company also aims to expand the raw material area to 20,000 hectares in Australia, applying the FRM (Farmer Relationship Management) digital farming management platform.

To date, TTC AgriS's existing raw material areas in Australia are all being operated according to Best Management Practices certified by Canegrowers.

The most recent sugar yield reached 12.4 tons/ha (CCS 13.1% and Sugarcane yield 95 tons/ha), higher than the average yield of the entire Factory and the Australian sugar industry of 11 tons/ha and 11.9 tons/ha respectively.

All precision farming operations are 100% mechanized with the support of RTK GPS measurement technology and the John Deere Operation Center data management platform for high accuracy with an error of less than 2.5 cm.

TTC AgriS also cooperates with Farmacist to comprehensively apply agronomic foundations in sugarcane nutrition management, from EM Soil Map to nutritional analysis and recommendations, ensuring optimal productivity and environmental protection according to Reef Regulation - Australia.

From the 2024-2025 school year, cooperation with universities and agronomy management units to test technology in agribusiness will be strengthened. Focus on nutrient management solutions, precision farming, integrated digital platforms and AI applications.

Technologies and initiatives will be tested on Australian farms to prove their effectiveness before being expanded to other raw material and crop areas of TTC AgriS.

Prioritizing solutions using AI and remote sensing to evaluate crop yield, health, detect pests and diseases, and assess the impact of natural disasters will begin from the 2024-2025 harvest.

Participating in the Australia - Vietnam Investment Forum 2023 as a speaker, Ms. Uc My assessed that the dynamic and constantly changing consumer market in Australia will be the best destination for sustainable agricultural raw materials to diversify TTC AgriS's global supply.

Recently, on March 5, 2024, TTC AgriS also represented the region's leading multinational agricultural enterprise to participate in the CEO Forum, discussing the future of food and agricultural technology.

The event is part of a series of activities within the framework of the ASEAN-Australia Special Summit 2024, with the participation of top leaders of ASEAN countries including all Prime Ministers of Southeast Asian countries and East Timor, including Prime Minister Pham Minh Chinh, Australian Prime Minister Anthony Albanese and the ASEAN Secretary General.

The conference was held in Melbourne in the context of dynamic cooperation between the two regions in many fields, including agricultural technology activities.

Representing Vietnam as Chair of the ASEAN Roundtable Conference on “Agriculture and Food Supply Chains”, TTC AgriS expressed its efforts and commitment to take advantage of Southeast Asia’s strong growth potential to enhance two-way trade and investment benefits, with the goal of ensuring long-term prosperity and security for both regions.

Aiming for an ideal business environment by identifying investment focus and removing innovation barriers between countries around the world, TTC AgriS also shares proposals to enhance cooperation between two regions with similarities in agricultural development, especially between Vietnam and Australia:

Firstly, increase opportunities to connect specialized agricultural units between countries (universities, research institutes, etc.) to exchange biotechnology, develop varieties and manage precise scientific agriculture.

Second, quickly promote support policies and exchange of human resources, especially creating favorable conditions for highly skilled workers, experts, researchers, etc. to work and study in Australia. This will be an effective method to remove cultural barriers and enhance the exchange of business methods between countries.

Third, deepen the negotiation relationship between ASEAN - Australia in general and Vietnam - Australia in particular, and enhance bilateral agricultural trade achievements (through trade policies, taxes, etc.).

TTC AgriS representative chaired the Roundtable Conference at the CEO Forum - ASEAN-Australia Special Summit 2024, on March 5, 2024, proposing solutions to elevate international cooperation in Southeast Asia to a new level, especially in the Vietnam and Australia region.

Vice Chairwoman of the Board of Directors - Ms. Dang Huynh Uc My talked about the orientation to strengthen the position of national agriculture in the integration race:

“In line with the Strategy of building a multinational governance model in line with international governance standards and the countries in which we are present, TTC AgriS has been establishing key goals for the 2023-2025 and 2026-2030 periods with five strategic tasks. Specifically:

(1) Expanding consumer markets in Vietnam, Australia, China and ASEAN countries;

(2) Convection of goods through comprehensive supply on a global scale;

(3) Exploiting raw material areas applying precision farming based on testing model farms;

(4) Financial management and capital allocation promote international green capital;

(5) Building and operating the Operation Excellency Circular Value Chain business model. All are aimed at eliminating all barriers to physical trade exchange to help enhance the common prosperity of the region and the world. Corresponding to the philosophy of Sustainable Development, the backbone of TTC AgriS in the pioneering work of unleashing the potential of the national agricultural and food supply industry in the international arena".

Through a series of long-term strategic investment cooperation activities with Astralia, along with initiatives to support active agricultural trade relations in the region, Ms. Uc My has affirmed her ability to unleash the potential of circular agriculture in the international arena.

This is also an effort to accompany the Government in contributing to enhancing the multinational cooperation relationship in general and Vietnam - Australia in particular, especially in the process of green economic transformation of the country.

Nhat Le

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