Philippines Minister of Agriculture desire Binh Dien fertilizers

Minister of Agriculture of the Philippines, Francisco P. Tiu Lauren Jr. visited and worked with the CEO of Binh Dien Fertilizer Joint Stock Company as part of his official visit and working session with the Ministry of Agriculture and Rural Development of Vietnam from July 6 to July 9, 2024.

As part of his official visit and working session with the Ministry of Agriculture and Rural Development of Vietnam, the leadership delegation from the Philippines visited the 1 million ha high-quality, low-emission rice model in the Mekong Delta and the circular agricultural economy model in Vinh Thanh district, Can Tho City. They later held discussions with the Minister of Agriculture and Rural Development to promote bilateral cooperation in agriculture, food security and sustainable development, boost agricultural trade, enhance scientific and technical cooperation, and foster business connections between the two countries.

During the working session, Minister Francisco P. Liu Laurel Jr. exchanged views with the leadership of Binh Dien Fertilizer Joint Stock Company regarding the direction and prospects of agricultural development in the Philippines. He expressed a desire for reputable and established fertilizer companies like Binh Dien to collaborate and support Philippine businesses in the same sector to foster their growth.

Minister Francisco stated: While Philippine agriculture has made significant strides, there is still untapped potential. Therefore, this visit presents an opportunity for both countries to learn from each other, share experiences, and adopt techniques to enhance agricultural production for mutual benefit.

At the same time, we are also exploring the possibility of importing fertilizers from Vietnam to the Philippines or establishing joint ventures to manufacture and directly sell fertilizers to farmers in the Philippines. We also aim to learn about policies, information, market updates, and supply chains for agricultural production to apply them in the Philippines. I believe that the agricultural market in general, and the fertilizer market in particular, are expanding in the Philippines. We look forward to seeing products from Binh Dien Fertilizer Joint Stock Company available here soon.

During the meeting, Mr. Ngo Van Dong, General Director of Binh Dien Fertilizer Joint Stock Company, briefed the leadership of the Philippines Department of Agriculture on the 50-year establishment, construction, and development of the Binh Dien brand nationwide and its expansion into several ASEAN countries such as Thailand, Cambodia, Laos, and Myanmar...

In addition, Mr Ngo Van Dong also mentioned the achievements of the Smart Rice Farming Model in the Mekong Delta region, as well as the collaboration results between Binh Dien and IRRI in transferring agricultural advancements to Vietnamese rice farmers. He also discussed ongoing efforts in implementing the 1 million ha of high-quality, low-emission one million-hectare rice cultivation model in the Mekong Delta, under the guidance of the Ministry of Agriculture and Rural Development...

"We are honoured by the visit and working session of the Minister and the delegation at our company. We hope to establish cooperation to jointly develop for the future of both agriculture sectors. I propose that the Minister and the members of the Ministry support an early visit of Binh Dien to study the agriculture sector in the Philippines and connect with local businesses for cooperation and joint ventures. Binh Dien is a reputable brand in Vietnam, and our products are developed based on rigorous scientific research, ensuring the highest quality and providing farmers with the utmost reliability", emphasized Mr Ngo Van Dong.

In the near future, Binh Dien and the Philippines Department of Agriculture will establish a technical group to coordinate the exchange of expertise, before planning detailed working visits and connecting Binh Dien with relevant businesses in the Philippines.

Minister Francisco P. Liu Lauren Jr. also emphasized that the prospects for cooperation between Binh Dien and the agricultural sector of the Philippines are very promising. He affirmed: "I can see that this collaboration is excellent, superb after coming here to meet and work directly with the company. From the Philippines side, we wish to import, to obtain high-quality fertilizer products. Additionally, we hope to collaborate with Binh Dien to learn expertise and experiences in crop care. In the short term, we aim to reach agreements on importing and distributing Binh Dien's products in the Philippines and further discuss potential joint ventures for mutual development".

"After directly engaging with Binh Dien, we observed the company's management and administration practices. Professionally, it's clear that the company is an expert in fertilizers and agricultural inputs. We see great potential for collaboration".

Minister Francisco and the Philippine toured Binh Dien's modern production facility, concluding their visit with prospects for future cooperative development.