With the strategic orientation of sustainable development with Vietnamese farmers, in the year 2022/23, Thanh ...
With the strategic orientation of sustainable development with Vietnamese farmers, in the year 2022/23, Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC AgriS, HOSE: SBT) has actively sought new directions to consolidate and develop. chain linkages in sugarcane production, especially in the context of increasing crop competition in localities.
The context of production and business activities of the domestic sugar industry in the year 2021-2022 still faces many difficulties and challenges due to the impact of many domestic and foreign macro and micro factors, with strategic development orientations. Sustainable development with Vietnamese farmers, in the year 2022/23, Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC AgriS, HOSE: SBT) has actively sought new directions to strengthen and develop the linkage chain in sugarcane production. sugar, especially in the context of increasing crop competition in localities.
As of September 30, 2022, Vietnam's sugar industry has completed the 2021-2022 harvest. Accumulated to the end of the season, the whole industry has pressed 7.5 million tons of sugarcane, produced nearly 747,000 tons of sugar, only met 37% of the domestic demand with an estimated consumption volume of nearly 2 million tons/year. However, the purchase price of sugarcane in the 2021-2022 year also increased to a record high, reaching from 1.16-1.22 million VND/ton of fresh cane with 10 words of sugar, making farmers excited and secure. development of raw material areas. Typically, TTC AgriS, with its good cane purchasing policy and closely accompanying activities with farmers, helped sugarcane output reach 2.75 million tons, up 28% over the same period.
Many reasonable policies to attract sugarcane farmers
TTC AgriS has proactively built concentrated sugarcane production areas, has policies to encourage people to apply mechanization, improve sugarcane varieties and farming processes to improve sugarcane production. improve productivity, quality, reduce sugarcane production costs, increase the price of sugarcane purchase at the field on means of transport, etc. to encourage farmers to invest in developing cultivation area and output. TTC AgriS also seriously invests in technology to optimize the scale and diversify products from sugarcane and value-added products from the sugarcane value chain.
In order to connect farmers with demand and capacity for sugarcane production with entities with good land bank who are in need of agricultural cooperation, TTC AgriS has been playing the role of an intermediary connecting the parties. This is through the "Land Bank" program. On these large fields, TTC AgriS and farmers have applied synchronous mechanization solutions from planting, tending to harvesting, bringing good production results and lowering costs, helping to improve efficiency. sugarcane as well as the profits of sugarcane growers.
TTC AgriS's short-term and long-term prepayments (capital investment) for sugarcane farmers in the 2021-2022 crop year doubled compared to the average investment of previous years. This investment is aimed at supporting farmers in farming costs, investing in sugarcane varieties, fertilizers, plant protection solutions for pests and diseases, machinery and equipment, improving infrastructure to prepare equipment for the crop year 2022-2023 to expand the sugarcane cultivation area and minimize the impact of extreme weather on the raw material area.
To help farmers feel secure in investing and sticking with sugarcane, TTC AgriS announced a policy of insurance for sugarcane prices in three consecutive crops, in which the insurance price for the 2022-2023 harvest is up to VND 980,000/ton of clean sugarcane. 10 CCS in the field, depending on the area. This is the minimum price committed by the Company. Depending on the market situation, the Company can adjust the purchase of sugarcane at a higher price, ensuring profits for farmers, with the view that "Farmers have profit - The factory is profitable".
Developing a modern and sustainable sugar industry
Currently, TTC AgriS is a sugarcane enterprise that owns the largest raw material area, with a total area of 68,000 hectares in Vietnam, Australia, Laos and Cambodia.
In the sustainable agricultural development strategy for the period 2021-2025, in August 2022, after a period of research by a team of highly qualified personnel, TTC AgriS recognized the potential of Queensland, Australia in terms of Due to climate, soil and economic value, the Company has decided to successfully invest and own more than 1,200 hectares in Tully, Queensland, Australia and continue to stick to strategic goals with orientation expanding the scope of other material areas of Queensland, aiming to reach 5,000 hectares in the year 2022-2023, then completing the strategy within the next 3 years to reach the target of 20,000 hectares in Australia.
Not stopping there, TTC AgriS also signed a cooperation agreement with Farmacist agronomic consulting company, based in Queensland, Australia, where TTC AgiS identified as a strategic raw material area in its development strategy. . Cooperation activities between TTC AgriS and Farmacist have been implemented long-term in the coming time, not only providing agricultural solutions to improve productivity but also enhancing technology exchange and transfer and implementation of a methodical international training program for key agricultural managers, with industry-leading knowledge and technological capabilities to master the system. Particularly for TTC AgriS's new material area in Tully, the Farmacist partner will focus on promoting agricultural extension, providing agronomic consulting for precision farming based on experimental models (Demo Farm) will develop. .
Digitizing the sustainable sugarcane value chain with farmers
Continuing the journey of accompanying farmers to create a modern sustainable agriculture 4.0, TTC AgriS has been drastically developing digital technology solutions in agricultural production management through the management platform FRM (Farmer Relationship Management). The cane sugar products produced and processed by TTC AgriS meet high quality standards and are certified by prestigious domestic and foreign organizations, meeting the needs of customers of all product industries. products such as confectionery, high-class soft drinks. In addition, TTC AgiS is also an important partner to ensure sufficient supply for production and business needs, supplying hundreds of millions of users in domestic and international markets.
In parallel with the existing agricultural management application FRM, the company also "go-live" the application of DigiFarm to upgrade digital farming technology on the "core number system" Oracle Cloud ERP with TTC AgriS as the master. , through the application of cloud computing technology to collect and analyze farming information.
The features Soil map, Yield map, Blockchain in Agro, Vendor portal, ePayment developed on the platform of DigiFarm and Agro apps will complement TTC AgriS's synchronous management chain through comprehensive and streamlined the process of cultivation management, investment and acceptance between investors - agricultural officers - farmers. This is also a means of close connection - timely - continuously between the factory and the community of sugarcane growers of TTC AgriS.
This application is considered a tool for TTC AgriS to digitize the sustainable agricultural value chain with farmers on each stage of development, creating a close connection between TTC AgriS and customers, partners and implementing the strategy. strategy to build sustainable raw material areas. TTC AgriS is also a pioneer agricultural enterprise leading the digital transformation in Vietnam, contributing to the common development of the community.
As one of the leading agricultural enterprises in Vietnam, for the sugar industry, TTC AgriS always closely follows the mission of "Sustainable development with Vietnam's sugarcane", accordingly, closely following the development strategy, improving improve production capacity, quality of sugarcane and increase production efficiency by mechanization, besides always actively integrating new values, suitable to the market context as well as closely associated with farmers. people to create the best value.
According to Dan Viet Newspaper