INTERNATIONAL INVESTMENT
AND PORTAL
A major investment promotion conference featuring the presence of more than 200 Japanese investors took place in the northeastern province of Quang Ninh in late December, with Viet Long Investment and Construction JSC being one of the businesses to have laid initial stepping stones for deeper cooperation with Japanese partners.
The contract was signed in front of leaders of the two localities and relevant departments and agencies
Chodai Co., Ltd. from Takahashi city in Japan proposed in August to invest in a treatment system for medical and domestic waste into energy in a joint venture with Viet Long, which is based in Halong city. Quang Ninh People’s Committee had greenlit the cooperation in 2017 to build a modern medical waste treatment facility namely Khe Giang Waste Treatment Plant.
Before teaming up with Viet Long, Chodai formed a venture with MAEDA Group – one of the 10 largest economic groups in Japan – to invest in the waste-to-power industry in different countries worldwide.
“With a lasting partnership with Viet Long JSC, we continue to place trust into projects on medical and domestic waste treatment,” said Tetsuo Matsui, director of Chodai.
Le Quang Thang, chairman at Viet Long, said that during 2016-2020, Quang Ninh had closed 11 landfills following regulations, posing an imminent lack of waste treatment solutions.
To support Quang Ninh in solving this problem, from mid-2021, Viet Long invested in building two more incinerators with a burning capacity of 250 tonnes per unit at the Khe Giang facility. Together with the five existing incinerators with a combined capacity of 200 tonnes per day, the total waste burning volume would now reach 700 tonnes a day.
Treating domestic waste with an incinerator at the Khe Giang facility was assessed by Quang Ninh Department of Natural Resources and Environment to meet the requirements, helping to reduce waste discharge into the environment.
“Our success in domestic waste treatment is instrumental in Quang Ninh province’s decision to expand Khe Giang plant into a general waste treatment complex featuring advanced technologies,” said Thang. “Besides cooperation with Chodai, Viet Long is seeking other partners for deployment of advanced integrated waste treatment technologies at the complex.”
Before rising to become Quang Ninh’s leading enterprise in waste treatment, Viet Long has been known as a major producer of safe vegetables in the province.
Since 2012, Viet Long has embarked on planting safe vegetables in Quang Yen town, with investment value reaching $1.73 million. Viet Long also piloted growing organic vegetables in a natural environment in the province.
To build up Viet Long’s safe vegetable brand, the company has been cooperating with the Field Crops Research Institute under the Ministry of Agriculture and Rural Development for transfer of planting techniques, fertilisers, and plant protection substances, deploying production in accordance with VietGAP standards as well as providing technical guidance to farmers at the project site.
Since 2018, Viet Long has joined efforts with various Japanese partners to produce biological crop protection products. Along with this, the company has signed contracts with Greentex and Chodai on research, transfer, and also application of G-Tex bio products in agricultural crop protection.
Viet Long’s safe vegetables have made it onto the list of Quang Ninh’s One Commune, One Product products, and the company’s safe food supply chain has been scaled up to cover 39 hectares.
In addition to the project in Quang Yen, Viet Long has deployed three more projects in agriculture. The company has also launched a centre for presentation and distribution of Quang Ninh’s agricultural products in Halong. For his company’s outstanding achievements in agriculture, chairman Thang was honoured as one of 63 Outstanding Vietnamese Farmers in 2021.
By Thu Le
