VNFU – The Federation of Korean Industries:
Cooperating in hi-tech agricultural production
14:07 - 13/09/2018
(VNFU Website) – On 10 September, in Hanoi, Member of Party Central Committee, Secretary of VNFU Party Central Committee, Chairman of VNFU – Dr. Thao Xuan Sung had a working session with the Federation of Korean Industries (FKI) led by Mr. Huh Chang Soo, Chairman of the Board of Directors of FKI. Also attending the meeting was Vice-Chairman of VNFU – Mr. Pham Tien Nam.
Chairman of VNFU – Dr. Thao Xuan Sung delivers a speech at the meeting.

Prior to that, FKI had a meeting with Prime Minister Nguyen Xuan Phuc at the Office of the Government on investment cooperation of Korean enterprises in Vietnam.

At the working session, Chairman of VNFU – Dr. Thao Xuan Sung expressed his pleasure to welcome the delegation to visit and work with VNFU. He added that the session, at the same time, was an important event to enhance and strengthen the good cooperation between Vietnam and Korea. “For the last 25 years, after the establishment of diplomatic relations, the relationship between the two countries has developed rapidly in all aspects. At the time being, the Leaders of the Party and State of Vietnam are working on a plan to cooperate with Korea in the next 25 years.” – said Dr. Thao Xuan Sung.

Chairman Thao Xuan Sung shared: “I joined the delegation of senior staff of VNFU on a trip to Korea in April, 2018. I personally and VNFU generally appreciate South Korea’s scio-economic development, including hi-tech agriculture and new-style rural area development. With inherent strengths, you know how to apply scientific and technology advances, especially hi-tech applications, to production to create safe agricultural products with high value in terms of quality as well as productivity. I am happy to accumulate more knowlegde from the practice in Korea.”

The two sides discuss the opportunities in cooperation in the field of hi-tech agriculture at the meeting.

According to Chairman Thao Xuan Sung, if the financial resources and great achievements in agriculture of Korea are combined with abundant labour resources and fertile land in Vietnam, cooperating opportunities to establish effectively growing agriculture between the two countries will be very positive. In fact, the investment of Korea into Vietnam has achieved many encouraging results. Moreover, development potential as well as the consumption demand in Vietnam seems great. In the future, focus on exploiting these potentials will create more opportunities for Korean enterprises to invest in Vietnam.

After listening to the Chairman briefing on the operational structure, the status of Vietnam’s agriculture and the agricultural achievements of the two countries, Chairman of the Board of Directors of FKI Mr. Huh Chang Soo sent his sincere thanks to VNFU for the warm welcome. Mr. Huh Chang Soo also said that in Vietnam, the Government always cared for agricultural development, thus its guidelines are to promote the development of infrastructure and the application of high technology to agricultural production. This was also an opportunity for the delegation to share, exchange and support Vietnamese farmers to apply high technology to production.

Commemorative photograph

“After studying and researching on Vietnamese agriculture, I realized that nowadays, the food market tends to favor organic products. Therefore, I hope the two sides can cooperate in the production of organic products to ensure the process and quality so as to export to the world market. After the business trip in Vietnam, the delagation will direct enterprises involving in FKI to consider and discuss the terms and content of the cooperation with Vietnam to develop a suitable implementation plan for agricultural market in Vietnam.”, Mr Huh Chang Soo affirmed.

Concluding the working session, Chairman Thao Xuan Sung requested Chairman Huh Chang Soo and the delegation to inform VNFU soon about the ability of investment and cooperation to develop detailed plans and strategies, particularly, focusing on cooperation in the following issues: Providing industrial products for hi-tech agricultural production which now is the strength of Korea, developing organic fertilizers for agricultural production in Vietnam, developing biotechnology to protect people’s health, especially the poor, training high quality human resources in agriculture for Vietnam, supporting Vietnamese brides, especially farmers’ children.
Phuong Thao - translated by Hong Linh
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