Vietnam’s PAN Group, through its PAN Farm subsidiaries Vinaseed and VFC, has signed a five-year cooperation agreement with Japan’s Agri Smile to further develop an integrated farming solutions portfolio, building on a memorandum of understanding signed in 2025.
The agreement was signed on November 9, in the framework of the Vietnam–Japan Public-Private Forum on Economic and Science and Technology Cooperation in Tokyo, which was held as part of General Secretary of the Communitst Party of Vietnam and President To Lam's ongoing official visit to Japan.
The event was attended by General Secretary and President To Lam, alongside senior officials and business representatives from both countries.
Under the partnership, PAN Farm and Agri Smile will strengthen efforts to develop the Vietnamese market for biostimulant products, while gradually expanding cooperation in technology transfer, manufacturing and distribution to meet the practical needs of Vietnam’s agricultural sector.
Biostimulants are products that stimulate natural physiological processes in plants. They can help improve nutrient-use efficiency and crop tolerance to adverse environmental conditions, contributing to higher production efficiency and better agricultural product quality. Their development and application are considered important to making farming more efficient, safer and more sustainable.
During 2025–2026, the two partners conducted research and field trials on various crops, including rice, maize and vegetables. The collaboration combines Agri Smile’s Japanese research and technology development capabilities with the production expertise, technical networks and market reach of Vinaseed and VFC.
Building on these results, the partners plan to move from research and trials towards practical applications and commercialisation in Vietnam. VFC and Agri Smile are preparing to launch VBS-1, marking the first step in their biostimulant commercialisation roadmap.
The partnership builds on PAN Group’s longstanding relationships with Japanese partners across trade, investment, research, technology transfer and product development.
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