Vietnamese firm contributes to Cambodia’s agriculture development

Phnom Penh (VNA) – The products of Vietnam’s Binh Dien Fertilizer Joint Stock Company (BFC) have contributed to modernizing Cambodia’s agriculture, said Cambodian Deputy Prime Minister Men Sam An.

The Cambodian leader made the remark during a ceremony for BFC and Cambodia’s Yetak Group to sign a strategic cooperation agreement in Phnom Penh on March 21.

She spoke highly of Vietnam’s assistance to Cambodia’s agricultural sector through transferring advanced techniques and providing organic products serving agricultural production. 

According to the Deputy PM, BFC’s fertilizer has been widely used by Cambodian farmers, helping improve the efficiency of agricultural production, reduce production costs and raise profit. 

She also thanked the firm’s active contributions to social welfare activities in her country, including support for flood victims and disadvantaged pupils. 

BFC General Director Le Quoc Phong said the firm will continue its price support policy and provision of technical assistance to Cambodia farmers, helping them improve the productivity and quality of farm produce, and increase profits. 

Over the past 15 years, BFC’s cooperation with the Yetak Group was efficient. The volume of Binh Dien’s “Dau Trau” fertilizer consumed in Cambodia increased to over 100,000 tonnes a year at present from only 2,000 tonnes in 2000. 

The fertilizer 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 fertilizer, cattle-feed and aqua-products. It also produces, processes, and packages insecticides. It accounts for about 30 percent of the country’s NPK fertilizer demand.

With one plant in Long An, and four subsidiaries in other provinces, BFC is capable of producing over one million tonnes of fertilizer each year.-VNA