At the Sustainable Development 2023 conference on November 16, Doan Vu Uyen Duyen, deputy general director of Thanh Thanh Cong - Bien Hoa (TTC AgriS), discussed the importance of investing in technology platforms for sustainable agricultural development.

"Inaccurate farming practices contribute significantly to agricultural emissions. Precise farming requires a different approach to resource utilisation, where high-tech applications play a crucial role," Duyen said.

She also emphasised the impact of these technologies at TTC AgriS.

“With our model of precise cultivation and fermentation, we can calculate and then eliminate unnecessary excesses in our input factors,” she said, highlighting the company's commitment to efficiency and sustainability.

TTC AgriS has been proactive in transforming its business and management models since late October 2022. Speaking about the new AgriS brand, Duyen said, “The brand signifies three key concepts: Solution, Sustainability, and Smart. 'Smart' represents our development of an ‘Integrated Smart Agricultural Business Model’, supplementing the sustainable agriculture sector.”

Doan Vu Uyen Duyen, deputy general director of TTC AgriS

Since 2020, TTC AgriS has embarked on its digital transformation journey by integrating various subsystems onto a single platform, automating business operations across countries, thereby enhancing corporate governance transparency.

This integrated smart agricultural model benefits all stakeholders, including farmers who can use applications to determine optimal farming timelines and access agricultural research. “While the technology platform incurs costs, the long-term benefits are substantial. The journey towards digitalisation, though costly, is more confident with the support of various partners,” Duyen said.

Meanwhile, Dao Xuan Lai, head of Climate Change and Environment Unit at UNDP in Vietnam, noted the importance of initial investments for sustainable development.

"While the initial investment is significant, in the long run, these efforts are expected to lead to substantial business cost savings," he said.

Le Viet Anh, head of the Science, Education, Natural Resources and Environment Department at the Ministry of Planning and Investment said, “Businesses should see these expenditures not as costs but as investments in the future. Clear vision and perseverance will yield far greater returns than the initial outlay.”