FERTILIZER INVESTMENT. A delegation led by Agriculture Secretary Francisco Tiu Laurel Jr. meets executives of Binh Dien Fertilizer Joint Stock Co. in Vietnam to explore areas of cooperation, particularly the potential for the firm to supply or manufacture fertilizer in the Philippines. During the visit to Binh Dien’s facilities, Tiu Laurel highlighted the need for the Vietnamese fertilizer giant’s presence in the Philippines to help increase local farm production.
“We see great potential in partnering with Binh Dien. Our country stands to benefit significantly from their advanced technology and expertise in agriculture,” said Agriculture Secretary Francisco Tiu Laurel. With Vietnam already a major rice exporter and a key supplier to the Philippines, the potential partnership could further strengthen agricultural ties between the two nations.