Trade4go Summary
The article highlights the strategic partnership between Vietnam's Fujinuco Group and Cuba's Ministry of Agriculture, aiming to enhance agricultural cooperation, with a particular focus on the livestock sector. It underscores Cuba's dependency on food imports, especially rice, and the challenges it faces in achieving self-sufficiency. Despite these challenges, Cuba's 'self-reliance' ideology and native livestock breeds have caught the attention of Fujinuco's CEO, Nguyen Van Quang.
Quang's efforts to establish a large-scale animal feed factory in Cuba, despite the US embargo and the lack of such facilities, demonstrate Fujinuco's commitment to the market. The company's plan to export Vietnamese-branded animal feed to Cuba is seen as a step towards dominating the Central American market. The article also touches on Quang's entrepreneurial spirit, his hands-on approach to business, and Fujinuco's expansion in Vietnam, showcasing the company's growth and ambition in the agricultural sector.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Entering new markets When witnessing Deputy Minister of Agriculture and Rural Development Nguyen Hoang Hiep and Cuban Minister of Agriculture Ydael Perez Brito sign a cooperation document in the agricultural sector, Fujinuco Group Chairman Nguyen Van Quang was pleased. He said that years of efforts to connect with Cuba have now borne fruit. Despite having a population of about 11 million people, the reality is that Cuba is not truly self-sufficient in food. According to calculations, this island nation needs an average of 650,000 tons of rice per year, but up to now they have only produced about 300,000 tons, which is less than half of the demand. Part of the reason comes from the lack of raw materials and infrastructure. Cultivation - Cuba's strong field - still faces many challenges, so it is not difficult to understand why Cuba's livestock industry is still quite "unstable". Only recently has the Cuban government relaxed the ban on cattle slaughter, beef and milk sales, ...