Save the Farms Co., Ltd. (CEO Hwang In-su) is accelerating the entry into the global market of biochar-based sustainable agriculture solutions by signing business agreements (MOUs) worth a total of USD 110,000 with local Vietnamese companies.
This agreement was signed at the '2024 Smart Business Conference' hosted by KOTRA, and Save the Farms established strategic partnerships with a total of three companies, including Vietnamese agricultural distribution company Leka Distributor Co. Ltd., a fertilizer production company, and an agricultural product distribution company.
The main contents of the agreement are the transfer of Save the Farms’ biochar process technology, establishment of a stable product supply system, expansion of the local agricultural product distribution network, and joint distribution of eco-friendly products. The contract period is three years. Through this agreement, Save the Farms plans to actively promote the creation of a sustainable agricultural ecosystem and market expansion in Vietnam.
In particular, Leka Distributor Co. Ltd. has an agricultural distribution network across Vietnam and is focusing on securing a strategic supply chain for the transition to eco-friendly agriculture. Fertilizer companies and agricultural product distributors participating in the agreement also plan to strengthen their ties with local farmers through the distribution of biochar products and agricultural products.
A Save the Farms official said, “This agreement is a comprehensive global cooperation model from technology transfer to product delivery and distribution,” and added, “Through the three-year cooperation, we will contribute to the eco-friendly transformation of Vietnamese agriculture and carbon reduction.”
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