Viet Nam facilitates investments from Chinese agricultural and environmental enterprises

Building a fruit linkage chain

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Working with Minister Tran Duc Thang, Ms. Tran Tuyet Mai, leader of Tran Thi Fruit and Vegetable Trading Company, said the enterprise was founded in 1992 and has been partnering and trading with Viet Nam for roughly the same period, beginning with the white-flesh dragon fruit commodity.

In China, Tran Thi is a leading distributor, maintaining linkages with supermarkets and  supply chains nationwide. In Southeast Asia, the company collaborates with Viet Nam and Thailand in fruit trading and also invests in several South American countries.

Speaking with the Minister and the Ministry of Agriculture and Environment, Ms. Tran Tuyet Mai noted that the volume of fruit exported from Viet Nam to China has been steadily increasing.

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Previously, Tran Thi rented facilities in Viet Nam to carry out preliminary processing and processing before shipping products back to China. The company now wishes to soon build its own independent linkage chain in Viet Nam, working directly with farmers and producing according to the quality standards and regulations required by Chinese Customs.

"In the future, we plan to adjust our strategy and position Viet Nam as one of Tran Thi’s most important partners. Vietnamese fruit products are unique and typical and enjoy strong consumption in the market, so we wish to build our own linkage chain in Viet Nam," Ms. Tran Tuyet Mai clearly stated.

According to the company's leadership, if this plan becomes reality, Tran Thi’s linkage chain would not only enhance business performance and efficiency but also improve farmers' livelihoods, thereby contributing to Viet Nam’s overall development.

After listening to Tran Thi's sharing, Minister Tran Duc Thang highly appreciated the company's proposal, especially in the context of Viet Nam’s annual fruit export value to China reaching USD 6–7 billion.

"Viet Nam's distinctive climate and weather conditions enable the country to produce unique fruits and off-season varieties compared to many other nations," the Minister added, highlighting the strengths of Vietnamese agricultural products.

The head of the agriculture and environment sector expressed his support for Tran Thi’s idea, suggesting that Vietnamese fruits produced by the company could not only be supplied to China but also be consumed in Viet Nam and potentially be exported to third-country markets.

Offering some policy and financial incentives for enterprises investing in industrial clusters and zones, Minister Tran Duc Thang also recommended that forming joint ventures or linkages with Vietnamese enterprises would enable Tran Thi to operate more smoothly in its investment process and in building linkage chains.

Regarding matters within the Ministry's authority, the Minister affirmed that the Ministry would provide maximum support while introducing Ms. Tran Tuyet Mai to Director General of the Plant Production and Protection Department Huynh Tan Dat to facilitate communication and coordination in addressing technical matters.

Potential from waste-to-energy

Also on the afternoon of November 27, Minister Tran Duc Thang held a working session with Quan Tin Joint Stock Company, one of China’s leading enterprises in producing electricity from waste and treating waste.

Mr. Doi Dao Quoc, an executive of Quan Tin, said the company currently possesses multiple waste-to-energy and waste treatment plants in China and several Central Asian countries. "In the field of waste treatment, Quan Tin is among the strongest enterprises in China. We currently employ 3,000 staff and possess significant capacity in both capital and management," Mr. Doi Dao Quoc noted.

Regarding investment in Viet Nam, Quan Tin’s leader said Viet Nam’s current policies and incentives are highly attractive, prompting the company to pursue the development of waste-to-energy and waste recycling plants.

"We are investing in multiple countries, and Viet Nam is among our planned destinations. Specifically, we intend to build a plant manufacturing components for waste-to-energy production. These products will meet the consumption demand in Viet Nam as well as other Southeast Asian and African countries," Mr. Doi Dao Quoc shared.

Emphasizing the company's longstanding experience and mastery of core technologies, the leader of Quan Tin expressed the wish to bring these technologies to Viet Nam, thereby generating profits for the enterprise and benefits for workers and contributing to economic development.

On this matter, Minister Tran Duc Thang said this investment direction is likely to be suitable for Viet Nam, as the country generates up to 100,000 tons of waste per day while current treatment capacity meets only about 30%.

As for the production of components for waste treatment and waste-to-energy technologies, Viet Nam currently has no such capability, so an investment from Quan Tin would be highly suitable. However, Minister Tran Duc Thang emphasized that Quan Tin must thoroughly study the market and determine whether its technologies are appropriate for Viet Nam.

Minister Tran Duc Thang also introduced Director General of the Vietnam Environment Administration Hoang Van Thuc to Mr. Doi Dao Quoc to facilitate communication and coordination on the issues of expertise.