Vinafood 2, AGPPS to jointly develop rice industry Friday, Jul 18,2014,01:10 (GMT+7)

Huynh The Nang, general director of Vinafood 2, told the Daily that his company is working with AGPPS over developing large-scaled paddy fields, a model which has been invested by AGPPS and other enterprises in the region in the past years.

AGPPS has successfully applied the model to some 10% of the total area under paddy farming in the Mekong Delta. Nang expected the cooperation with Vinafood 2 will help expand the acreage to 30%.

Vinafood 2 is the country’s biggest rice exporter with annual shipments of 2-3 million tons of rice while AGPPS is one of the leading producers and suppliers of quality rice and other products for export.

“The advantages of the two sides will certainly create significant changes for the rice industry in the Mekong Delta,” Nang said.

Huynh Van Thon, chairman of AGPPS, the partnership with Vinafood 2 will help address shortcomings of the value chain in the rice industry, enhance the quality of rice and improve incomes of local farmers.

Thon said AGPPS and Vinafood 2 will also work towards building strong brands for Vietnamese rice.

As part of the strategy, Vinafood 2 will ask AGPPS to become its strategic partner in the future.