Economy
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| Cambodian Deputy Prime Minister Men Sam An speaks at the ceremony. — VNA/VNS Photo |
Viet Nam News
PHNOM PENH — Products of Việt Nam’s Bình Điền Fertiliser Joint Stock Company (BFC) have contributed to modernising Cambodia’s agriculture, Cambodian Deputy Prime Minister Men Sam An said.
The Cambodian leader made the remark during a ceremony for BFC and Cambodia’s Yetak Group to sign a strategic co-operation agreement in Phnom Penh on Tuesday.
The deputy PM spoke highly of Việt Nam’s assistance to Cambodia’s agricultural sector by transferring advanced techniques and providing organic products serving agricultural production.
According to Men Sam An, BFC’s fertiliser is widely used by Cambodian farmers, improving efficiency of agricultural production, reducing production costs and raising profit.
She also thanked the firm’s active contribution to social welfare activities in her country, including support for flood victims and disadvantaged students.
BFC General Director Lê Quốc Phong said the firm will continue its price support policy and provision of technical assistance to Cambodia farmers, helping them improve productivity and quality of farm produce and increase profits.
Over the past 15 years, BFC’s cooperation with the Yetak Group has been efficient. The volume of Bình Điền’s “Dau Trau” fertiliser consumed in Cambodia has increased to over 100,000 tonnes per year at present from only 2,000 tonnes in 2000.
The fertiliser has been used in 26 provinces and cities across Cambodia, affirming its position in the market.
Based in HCM City since 1973, BFC engages in the manufacture and trade of fertiliser, cattle-feed and aqua-products. It also produces, processes and packages insecticides. It accounts for some 30 per cent of the country’s NPK fertiliser demand.
With one plant in Long An and four subsidiaries in other provinces, BFC is capable of producing over one million tonnes of fertiliser each year. — VNS
