China's world-leading flower enterprise asked to cooperate with Vietnam

At the meeting, Tao Vinh Can, KIFA chairman, said that he had visited Vietnam twice and saw great potential for development of the modern flower industry with suitable climate. Vietnam and Yunnan have open and highly effective cooperation space, he said, while proposing cooperation in varieties, cultivation, flower consumption, development of flower trading floors to supply the international market. This is along with mutual support, formation of supply chains, ecosystems for the development of the flower and ornamental plant industry.  He also expressed a desire to cooperate with Vietnamese localities, enterprises, and research institutions to get rich from flowers.

PM Chinh congratulated and highly appreciated the effective investment and business cooperation activities that KIFA has achieved in recent times. He also welcomed and encouraged KIFA to expand investment in high-tech agricultural fields, especially flowers and ornamental plants, which are also fields in which Vietnam is encouraging and calling for investment attraction.

Vietnam in general and the North in particular have many advantages to develop ornamental flowers, Chinh said, adding that the land and climate are suitable for many types of flowers and high-quality flower varieties. Along with that, Vietnam has great demand for a market of 100 million people with a rapidly growing middle class; the more developed society is, the higher the demand for flowers, and the higher the quality requirements are, he emphasized.

The Vietnamese cabinet leader suggested that KIFA proactively cooperate and propose specific cooperation projects to the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade and relevant localities in order to implement support and cooperation programs with farmers, and build a win-win cooperative relationship.

PM Chinh agreed with the opinion of the KIFA Chairman on cooperation in varieties, planning of growing areas, production, processing, and trading, contributing to the development of the flower market, forming a flower trading floor to serve the domestic market and global exports.

The KIFA has more than 2,000 types of fresh flowers with more than 40 varieties through auctions to major cities in China and exports to over 40 countries and regions globally such as: Thailand, Japan, Singapore, Hong Kong (China), Russia, and Australia.

After more than 20 years of development, the auction transaction scale of the Center is currently the largest in Asia and second in the world, with the world's number 1 flower output.

The KIFA has been recognized as one of the national leading key enterprises in agricultural industrialization and a model enterprise in the application and innovation of the leading supply chain.

It is also viewed as a national agricultural and rural informatization model base and a key innovation project of the Ministry of Commerce of China.