Business Daily Media

The Times Real Estate

.

Global Food Partners' Impact Incentives Program Drives Vietnam’s Largest Transition to Cage-free Egg Production

Partnership launched to transition Nguyen Gia Livestock Production Cooperative’s 50,000 hens to 100% certified cage-free production systems, providing solutions for Vietnamese companies to meet their cage-free commitments.

HANOI, VIETNAM – Media OutReach Newswire – 10 December 2024 - Global Food Partners (GFP) has partnered with Nguyen Gia Livestock Production Cooperative, led by Mr.

Nguyen Huu Tue, one of North Vietnam's largest egg producers, to spearhead the country's largest transition from caged to cage-free egg production. With a flock of approximately 50,000 laying hens, the Cooperative will achieve 100% cage-free operations in 2025 through GFP's technical expertise and Impact Incentives program. This groundbreaking initiative not only supports Vietnam's growing demand for responsibly sourced eggs but also empowers local producers to meet the 2025 cage-free commitments of food and hospitality businesses across the region.

Photo


At a signing ceremony on 8 December 2024 in Hung Yen Province, stakeholders from across the food industry, local producers, and community leaders gathered to celebrate this partnership. The collaboration offers two solutions for food businesses looking to achieve cage-free commitments:

  1. Direct Cage-Free Sourcing: Companies can purchase certified, physical cage-free eggs directly from Nguyen Gia Livestock Production Cooperative.
  2. Impact Incentives Program: Businesses can also meet their cage-free commitments by purchasing Impact Incentives—cage-free credits that directly support Mr. Nguyen Huu Tue's cage-free production and transition.
About Impact Incentives
GFP's Impact Incentives program, the world's first egg credit trading scheme, provides a flexible, cost-effective solution to sourcing challenges while driving sustainable change. By purchasing these credits, food companies can offset gaps in their supply chains, ensuring their cage-free commitments are met by December 2025.

For producers like Nguyen Gia Livestock Production Cooperative, Impact Incentives generate a premium income that funds the transition to cage-free systems, covers ongoing costs, and supports further expansion to meet increasing demand. This model empowers both corporates and farmers to achieve their sustainability and business goals collaboratively.

Technical Support and Capacity Building
As part of the partnership, GFP's Science and Extension team provides tailored technical training and guidance, enabling Nguyen Gia Livestock Production Cooperative to adopt high-welfare farming practices, retrofit existing facilities, implement effective cage-free management, and achieve international welfare certification. With GFP's support, the farm is on track to transition fully to cage-free operations in 2025, ensuring it can meet the needs of food and hospitality companies while improving long-term productivity and profitability.

Quotes from the Event
Elissa Lane, CEO of Global Food Partners, stated:
"We applaud the Nguyen Gia Livestock Production Cooperative for its commitment and leadership in cage-free production. Our Impact Incentives program drives the transition from caged to cage-free production and enables food businesses to meet their cage-free commitments on time in Vietnam and across Asia. By partnering with Mr. Tue and his team, we're demonstrating how local producers can achieve profitable, high welfare, cage-free systems and support the transition to cage-free supply chains in Vietnam."

Mr. Nguyen Huu Tue, owner of Nguyen Gia Livestock Production Cooperative, added:
"With GFP's training and support, I'm confident in our ability to meet the rising demand for cage-free eggs, ensuring a better future for my farm and the local community. This partnership and my participation in GFP's Impact Incentives program enable me to transition away from cages, enhance animal welfare, expand our operations, and contribute to a more sustainable and responsible food system in Vietnam."

Driving Corporate Solutions Across Asia
This partnership is part of GFP's broader mission to establish a sustainable, cage-free ecosystem across Asia. The Impact Incentives program and GFP's technical expertise help food businesses overcome sourcing challenges, meet their commitments, and drive impact across their supply chains.

Hashtag: #NguyenGiaLivestockProductionCooperative #GlobalFoodPartners

The issuer is solely responsible for the content of this announcement.

About Global Food Partners:

Global Food Partners (GFP) is a Singapore-based consulting company dedicated to helping food and hospitality businesses achieve cage-free sourcing, and egg producers to implement and optimise cage-free production practices. GFP operates across Asia, including in China, Indonesia, Japan, Philippines, Singapore, Thailand, Malaysia, and India. For more information, visit www.globalfoodpartners.com

Learn more about Impact Incentives:


About Nguyen Gia Livestock Production Cooperative:

Raising commercial egg-laying hens since 2008, Mr. Nguyen Huu Tue's farm has continuously grown and expanded in scale, now reaching approximately 50,000 hens. In 2019, Mr. Tue and other members established the Nguyen Gia Livestock Cooperative with 7 members whose main activity is raising commercial egg-laying hens to supply eggs to supermarkets, large hotels and restaurants in the region and the whole country. After many years of raising caged laying hens, realizing that this system revealed many shortcomings related to the health and welfare of the animals as well as productivity and economic efficiency, Mr. Tue's farm and its members have begun to switch to a cage-free system.

News from Asia

Crescendo Lab Expands to Singapore to Revolutionize AI-Powered Conversational Commerce Across Southeast Asia

SINGAPORE - Media OutReach Newswire - 27 February 2025 - As Southeast Asia emerges as a hub for conversational commerce, Crescendo Lab is redefining customer engagement with AI-powered solutions. ...

Sahm Capital Joins Capital Market Forum Riyadh 2025 as Platinum Sponsor

RIYADH, SAUDI ARABIA - Media OutReach Newswire - 19 February 2025 - Sahm Capital, the first fintech-driven financial company to secure full Capital Market Authority (CMA) licensing (license no. 22...

TASMIT Launches Large Glass Substrate Inspection System for Advanced Semiconductor Packaging

— Industry’s First Double-Sided and Internal Defect Inspection — YOKOHAMA, JAPAN - Media OutReach Newswire - 27 February 2025 - TASMIT Inc. has launched a new inspection system for glass substrate...

Ming Tak Finance Gold Trading Competition: Champion Achieves 1049% Growth, with Over HKD 500,000 in Total Prizes

Reliable and Professional: Ming Tak Finance Offers Low Spreads and Stable Platforms to Support Traders in Achieving Consistent Profits HONG KONG SAR - Media OutReach Newswire - 27 February 2025 - ...

Government of the Republic of Botswana And De Beers Group Confirm Diamond Partnership For The Next Generation

Transformational agreements boost Botswana’s economic development potential and secure De Beers’ long-term share in world’s greatest diamond resources HONG KONG SAR - Media OutReach Newswire - 2...

AI and Blockchain Innovations Propel Singapore’s Fintech Evolution Amid Investment Recalibration: KPMG’s Pulse of Fintech H2’24

Singapore's fintech investment recalibrated to US$1.3 billion in 2024, in line with global shifts toward sustainable growth. Crypto and blockchain investment increased 22 percent ...

Tiny Desk Concerts Come to NHK WORLD-JAPAN

Artist for inaugural episode: Fujii Kaze TOKYO, JAPAN - Media OutReach Newswire - 27 March 2024 - NHK WORLD-JAPAN is set to produce and air tiny desk concerts featuring Japanese musicians...

Lao Brewery Company Strengthens Commitment to a Greener Future with Renewable Energy and Sustainability Initiatives

VIENTIANE, LAOS - Media OutReach Newswire - 27 February 2025 - Lao Brewery Company (LBC), the nation's leading brewer, is taking a bold step forward in its sustainability journey, reinforcing its ...

NTT Sparks Smart Building Revolution with New OCEAN Intelligence™ Platform in Hong Kong

Offering a Strategic Vision to Bring AI into Every Building, empowered with an Open Partner Ecosystem HONG KONG SAR - Media OutReach Newswire - 27 February 2025 - As part of NTT Group, a world-lea...

Hang Lung Announces Official Name of "Xi Zhe Wuxi, Curio Collection by Hilton" at Center 66, Set to Open in Q4 2025

Enriching the Complex’s Cultural Landscape and Status as a Benchmark for Urban Excellence HONG KONG SAR, SHANGHAI & WUXI, CHINA - Media OutReach Newswire - 27 February 2025 - Hang Lung Propert...

Small and medium size businesses failing to realise the significant benefits and cost savings of AI

Experienced business marketing and sales strategist, Jennifer Benedek, founder and director of FWD Focus, is set to host a much-needed ‘Human+AI M...

How women can thrive in business: Renee Gracie’s top tips

Empowering women entrepreneurs is essential for fostering economic growth, innovation, and social progress. Women-owned businesses contribute sign...

New sales and partnerships heads at Quickli point to strong growth

Australia’s leading mortgage serviceability platform, Quickli, today announces the appointment of two new leaders to its team—Jennifer Roche and D...

Breaking Barriers: How Buxton’s Sophie is Redefining Business Development

In December 2024, Sophie added another accolade to her impressive career, receiving the National Business Development Manager of the Year Award at ...

Brisbane Welcomes World's Leading International Agritech Startups for Agventure Downunder

Brisbane will become the epicentre of global agrifood innovation this week and it welcomes the world’s leading agritech startups for Agventure Dow...

Shearwater Capital Invests in EvenBetter.ai to Drive Gender Pay Gap Action

EvenBetter.ai, a Sydney-based startup focused on helping Australian businesses build evenly to address gender pay equity, has secured a $500,000 i...

Sell by LayBy