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Vedan and Mitsui establish a joint venture to advance Vietnamese’s sustainable agriculture on a global stage

VM AgriSolutions Co.,Ltd, a result of partnership between Vedan (Vietnam) Enterprise Corporation and Mitsui & Co.,Ltd, has been established to promote sustainable farming and elevate Vietnam’s agricultural innovations to global markets.

Harnessing the joint power to promote sustainable agriculture

VM AgriSolutions is set to play a pivotal role in advancing regenerative and sustainable farming practices. The launch of this joint venture comes at a time when Vietnam’s agricultural sector is undergoing transformation to meet both domestic and global demands for sustainable farming. Vietnam’s agricultural sector serves as a vital foundation for the economy, achieving a GDP growth rate of 3.83% in 2023. However, the sector faces significant challenges, including climate change, soil degradation, pesticide overuse, and the need for sustainable practices to meet the needs of global standards.

Government initiatives aimed at reducing environmental impacts and enhancing productivity have highlighted the need for innovative agricultural inputs that meet both domestic and export demands. According to representatives from Vedan, VM AgriSolutions is expected to support these efforts by providing nature-friendly products and comprehensive technical support that enhance crop quality to meet international standards and boost export competitiveness. With Mitsui’s global network, agronomic knowledge and expertise in logistics, VM AgriSolutions is well-positioned to bring Vietnam’s agricultural innovations to the international stage. This approach not only supports sustainable practices but also aligns with the increasing global demand for eco-friendly and high-quality agricultural inputs.

Representatives of Vedan and Mitsui performed the Kagami Biraki ceremony to open VM AgriSolutions Co., Ltd

VM AgriSolutions will provide agricultural solutions based on biostimulant products, VMBooST, addressing challenges in global modern agriculture including Viet Nam. These products are designed to support plant growth, enhance nutrient efficiency, improve plant stress tolerance and revitalize soil health. By leveraging Mitsui’s global network, VM AgriSolutions will acknowledge the local agriculture reality and challenges, and provide the appropriate solutions such as improvement of nutrient efficiency and crop resilience while reducing environmental impacts in accordance with local reality.

“With VM AgriSolutions, we harness our joint power to drive transformative change in global agriculture including Vietnam. We aim to combine Mitsui’s global network and Vedan’s manufacturing expertise to deliver high-quality, nature-friendly solution to farmers. Our shared goal is to empower farmers with tools that ensure more sustainable, productive, and profitable agriculture. By combining our global insights with local expertise, we are creating scalable, impactful solutions for farmers and food systems. We are committed to providing innovative technologies that align with the global push for sustainable development while contributing to Vietnam’s agricultural modernization” said Mr. KEIZO SUGAWARA, General Manager of AgriSolutions Division, Nutrition & Agriculture Business Unit of Mitsui.

The embodiment of shared vision for greener growth

Go beyond a business initiative, VM AgriSolutions aims to contribute to sustainable agriculture by positioning itself as a key contributor to global sustainable agriculture. The joint venture’s mission includes advancing climate-smart agricultural practices to reduce environmental impacts while helping farmers adapt to changing conditions and improve yield potential.

A key focus of VM AgriSolutions is the product development and exportation of biostimulant products, which are increasingly recognized as essential tools for sustainable farming across global markets. With Mitsui’s extensive expertise in global food-agriculture value-chain, agronomic knowledge and logistics, VM AgriSolutions is strategically equipped to export Vietnam’s innovative biostimulant products to international markets, including Europe, North America, Latin America, Middle East, Africa and Asia. These innovative solutions were designed to contribute to high-output, low-input farming systems by enhancing crop tolerance to abiotic stresses, boosting crop quality, plant growth, root development, and soil health while reducing reliance on traditional chemical inputs.

Opening of VM AgriSolutions Co., Ltd. – The first step in promoting sustainable agriculture

To achieve the goal of sustainable agriculture with quality and yield improvement, VM AgriSolutions seeks to collaborate with local partners for providing agricultural solutions to farmers through tailored guidance, educational programs, and advanced agronomic tools, equipping them to navigate and succeed in an evolving agricultural landscape. By improving crop yields and fostering resilient farming systems, the joint venture contributes to Vietnam’s economic growth by enhancing the quality of agricultural exports and boosting the country’s position in global markets. The combined focus on environmental sustainability and export- driven approach ensures long-term growth for both local and international agricultural sectors.

“Our collaboration with Mitsui marks a significant milestone in our journey towards greener agriculture. It embodies our shared vision for sustainable growth. By integrating sustainability into every step of its operations, from product innovation to farmer support, VM AgriSolutions aims to revolutionize agriculture in Vietnam. Our ambition is to contribute to a global agricultural transformation, ensuring that farmers, society, and the environment benefit from our innovations. By focusing on biostimulants, we provide solutions that regenerate soil, improve nutrition use efficiency, and enhance the resilience of farming systems to climate shocks. Our approach goes beyond supplying products, we aim to provide farmers with the knowledge and solutions to adopt sustainable practices and succeed in a rapidly changing world” said Mr. Ni Chih Hao, CEO of Vedan Vietnam.

Vedan, founded in 1991 and headquartered in Dong Nai Province, Vietnam, is a pioneer in manufacturing a wide range of products, including starch-glucose syrup, monosodium glutamate (MSG), and fertilizers. With a strong focus on innovation, Vedan has built a reputation for quality and reliability across its global network.

Mitsui & Co is a global trading and investment company with a presence in more than 60 countries and a diverse business portfolio covering a wide range of industries. The company identifies, develops, and grows its businesses in partnership with a global network of trusted partners including world leading companies, combining its geographic and cross-industry strengths to create long-term sustainable value for its stakeholders. The company’s extensive global network and agronomic expertise are expected to enhance the impact of VM AgriSolutions in Vietnam and beyond.

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