Enterprise and integration – in the morning of march 08th, 2017 at Government Office of Ho Chi Minh City began “Kick – off ceremony Sustainable Rice Production Program in Vietnam” of Loc Troi Group Joint Stock Company.
This is an agricultural program which is held by Loc Troi Group and International Finance Corporation (IFC), the World Bank Group, the International Rice Research Institute (IRRI), Sustainable Rice Platform (SRP).
This co-operation is to widen the application of sustainable agricultural farming habits and standards in the string of rice value of Loc Troi Group, helping Viet Nam agricultural branch extend its market share in international market and increase its profit sustainably in order to improve the life of peasantry.
Mr.Huynh Van Thon
Speaking at the kick – off ceremony Sustainable Rice Production Program, Mr. Huynh Van Thon – Chairman of Loc Troi Group emphasized: this was the benefit of community, peasantry, society and the future of Viet Nam agricultural branch. IFC and Loc Troi Group have begun a new partnership relationship, advancing new sustainable standards to apply to rice branch in Viet Nam.
Mr. Tran Cong Thang – Deputy Director of Institute of Policy and Strategy for Agriculture and Rural Development told that: he and Lộc Troi Group would solve difficulties, entanglements in the process of sustainable rice program development.
Canadian Consulate General in Ho Chi Minh City – Sir Richard Bale shared that: Government of Canada would finance IFC to support Loc Troi Group to implement the sustainable rice program with 3 reasons: Firstly, it wants to finance the concentration on the agricultural sector, it chooses the Mekong Delta to help peasantry develop the supply string of some products. Secondly, it wants to train in food processing sector. It has worked with People’s Committees of Soc Trang Province, Tra Vinh Province and decided to sign with IFC and Loc Troi Group in rice sector in order to cope with climate change. Thirdly, the Mekong Delta is the place under the greatest influence of climate change in the world, so it needs to do immediate things to help the Mekong Delta to overcome difficulties in climate change. one should not concentrate excessively on rice production but pay attention on other agricultural products to help to increase the income of producers.
Mr. Joel Janiya – Senior Scientific Researcher of IRRI told that he tested 03 crops of Summer Autumn – 2016, Winter Spring – 2017 and Summer Autumn – 2017 for 03 ecological areas with the participation of 150 peasants. His goal is to help peasants grasp and familiarize themselves to SRP standards, provide SRP feedback, contribute to the set of standards and SRP implementation index, suitable for the set of standards.
After of kick – off ceremony Sustainable Rice Production Program, Loc Troi Group will train about 4000 peasants in new farming habits in order to plant the rice of high quality, productivity and sustainability. The project shall carry out the initial test stage, then it will be multiplied.
Loc Troi Group is a pioneer in building the model of closed rice string with the participation of about 25,000 peasants in the hope of becoming a higher quality rice producer for markets in the world.
By E & I