The signing ceremony for cooperation on developing new-type agricultural co-operatives between Loc Troi Group and An Giang Province’s People’s Committee on July 16. — Photo courtesy of Loc Troi Group
Loc Troi Group and An Giang Province’s People’s Committee have signed an agreement on a new-type agricultural co-operative programme in the province.
The programme, which kicked off last Friday, is expected to bring significant benefits to local farmers, including crop management solutions, technical support, economic efficiency in agricultural production, brand building for agricultural products, and participation in agricultural supply chains.
It will also contribute to achieving sustainable development in the country’s agriculture sector.
Nguyen Thanh Binh, chairman of the provincial People’s Committee, said the province aims to develop a modern agriculture sector, including new-style agricultural cooperatives which would help to reorganise production and build linkages among value chains.
“We are delighted to have the commitment and co-operation of Loc Troi Group to bring long-term benefits to local farmers,” he said.
An Giang is among the leading localities nationwide applying technology in agricultural production and is expected to achieve success with the new-type agricultural co-operative model.
Huynh Van Thon, chairman and general director of Loc Troi Group, said the model has been researched, developed and practised by the group over the past three years.
"Our main goal is to work closely with farmers to have production plans at the beginning of each crop to become more active in harvesting."
Farmers who are members of the new-type cooperatives will receive practical support, including products suitable for market demand, financial support, and consultations on standardised production processes to save costs. Instructions on how to limit and control residues in agricultural products will also be provided.
“We will share with farmers their hardships in the fields and benefits that we gain by buying their products to sell in domestic and foreign markets,” he said.
The group plans to expand the model to other cities and provinces in the country. — VNS