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.

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.

References

1. ^{^} Media OutReach Newswire (www.media-outreach.com)