SBT officially discussed the strategy of bilateral sustainable agricultural development cooperation with the Queensland Government.
On March 14, 2022, the Board of Directors of Thanh Thanh Cong - Bien Hoa Joint Stock Company (HOSE: SBT) had an official visit and worked with the Government of Queensland, Australia. The working session achieved positive results, initially building an extensive strategic partnership between Queensland and SBT.
It is known that SBT is the first Vietnamese sugarcane enterprise invited by the Australian government to strengthen exchanges and cooperation in agricultural development 4.0.
During the meeting in Brisbane, Queensland, Australia, Ms. Huynh Bich Ngoc - Chairwoman of the Board of Directors and Ms. Dang Huynh Uc My - Vice Chairwoman of the Board of Directors and representatives of SBT's leadership presented an intensive cooperation project in promoting sustainable agricultural development and comprehensive bilateral cooperation.

Ms. Huynh Bich Ngoc - Chairman of the Board of Directors (4th from the left) and Ms. Dang Huynh Uc My - Vice Chairman of the Board of Directors (3rd from the left) and senior leaders of SBT in the official meeting with representatives Government of the State of Queensland, Australia
Possessing extensive experience in developing a large raw material area of up to 66,000 hectares in 3 Indochina countries, exploiting and completing the sugarcane value chain to provide the market with "Green" energy solutions from "Clean" production, SBT has shown similarities in its business philosophy and development towards sustainable and high-tech agriculture, completely in line with Queensland's development orientation in the future. next time.
In the sustainable agricultural development strategy for the period 2021 - 2025, SBT aims to expand the material area in Australia to 20,000 hectares, applying digital farming technology through the FRM (Farmer Relationship Management) management platform. ), bringing the total area of the global raw material area to nearly 90,000 hectares, in order to ensure sufficient supply for production and business needs, to reach more than hundreds of millions of users in vibrant domestic and international markets.

SBT aims to expand the material area in Australia to 20,000 hectares applying digital farming technology through the FRM (Farmer Relationship Management) management platform.
Ms. Dang Huynh Uc My - Vice Chairwoman of the Board of Directors of SBT shared: "Besides maintaining the domestic raw material area, SBT is focusing on promoting scale expansion, participating in the sugar capitals of Asia - Thailand region. Binh Duong Province (APAC), as well as enhancing exchange and agricultural development 4.0, towards the goal of total output reaching 2 million tons and revenue reaching 1.5 billion USD in the 2024-2025 year.
SBT confidently invests in projects committed to bilateral benefits
Australia is known as the world's leading producer of agricultural commodities, with outstanding research capabilities and scientific background in the field of agriculture, as well as great attention and support from the Government. Especially in the material areas of Queensland, where the soil, rainfall and water are very suitable for growing sugarcane. According to the Queensland Institute of Agricultural Audits, the state owns up to 6.99 million hectares of land capable of growing sugarcane, in fact in the 2020-2021 year, the sugarcane harvested area is only 350,000 hectares, about 5%. on the total potential land area.

SBT management met with Queensland Sugar Limited (QSL) leaders and visited the QSL raw sugar loading and unloading port in Townsville
Pioneering in the journey to become a high-tech agricultural company, sustainable development and harmonization of interests with stakeholders, SBT actively researched carefully and soon realized the investment opportunity in Queensland would be leverage helps SBT quickly achieve its ambition to expand the high-tech and sustainable sugarcane growing material area on a large scale in Australia. This project will be the premise for Vietnam's agriculture 4.0 to continue reaching out to the world in accordance with the development orientation that the state has been actively promoting.
The project is also considered an important foundation contributing to strengthening the friendly trade relationship between the two countries Vietnam - Australia, through the exchange of agricultural technology platforms for crop production and commodity trading. , as well as building high-quality human resources capable of applying advanced technology. At the same time, the project will help promote trade activities and increase export turnover between the two countries.
In the long-term development strategy, SBT aims to provide a single platform where stakeholders involved in the agricultural value chain will interact to share values. With favorable pilot conditions and strong support from the Government, SBT can quickly deploy smart farming methods mainly based on the application of precision agriculture and a data-driven guidance system. satellite data to increase productivity, mitigate the effects of climate change, and meet complex customer requirements. Not outside the technological innovation trend of global agriculture, the 4.0 technology investment project in Queensland plays the role of an important "hub" for SBT to continue promoting its journey to conquer the world.
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