C.P. Group to expand investments in high-tech agriculture in Vietnam
Deputy Prime Minister Ho Quoc Dung met with Charoen Pokphand Group (C.P. Group) chairman Soopakij Chearavanont on July 10 at the government headquarters in Hanoi, where the two sides discussed opportunities for strategic cooperation in smart agriculture, food supply chains, the application of AI in corporate management, digital ecosystem development, and sustainable growth in Vietnam.
Dung described Thailand as one of Vietnam's closest neighbours and an important strategic partner, noting that the two countries share many common interests and values. He said there remains significant potential to expand bilateral cooperation in agriculture, technology, trade and sustainable development.
The Deputy Prime Minister said the government welcomes Thai businesses with long-term investment commitments, including C.P. Group, to continue expanding in Vietnam. He recognised the group's contributions over more than three decades, particularly through its integrated Feed-Farm-Food model, which has strengthened food security and safety, created jobs, supported livestock development, promoted value-added processing, and boosted exports.
Sharing Vietnam's development priorities, Dung said science, technology, innovation, and digital transformation have been identified as key drivers of future economic growth. In agriculture, the country is prioritising a modern, ecological, circular, and low-emission sector by accelerating advanced technologies, improving food safety and traceability, and increasing product value.
Against this backdrop, he encouraged C.P. Group to expand investments in sci-tech and digital transformation – particularly in high-tech agriculture, smart farming, low-emission production, and modern traceability solutions – to enhance the productivity, quality, and competitiveness of Vietnam's agricultural sector.
Soopakij Chearavanont thanked the Vietnamese government for its continued support over the past 30 years, saying the group has consistently pursued a development strategy centred on the adoption of advanced technologies across its operations.
According to the chairman, C.P. Group integrates digital technologies, AI and other modern solutions into every stage of its projects, from farm design to implementation, in order to optimise energy use, improve productivity, enhance product quality and create greater added value. The company is also investing in renewable energy, clean energy, material recycling and the latest technologies to advance a modern and sustainable agricultural model.
He said C.P. Group aims to continue supporting Vietnam's transition towards modern, smart and sustainable agriculture by strengthening cooperation in digital transformation, AI applications, advanced technologies and green production solutions, thereby contributing to the development of both the agricultural sector and the broader economy.
Welcoming the group's development strategy, DPM Dung expressed his hope that C.P. Group would continue expanding its investments in sectors that align with both the company's strengths and Vietnam's development priorities.
He reaffirmed that the Vietnamese government will continue to support foreign investors, including C.P. Group, by providing better conditions for sustainable and long-term business operations in Vietnam.
Source: VIR