July 18, 2023 – The Chairman of Charoen Pokphand Foods Public Company Limited (CP Foods), Adirek Sripratak, presided over a signing ceremony formalizing a cooperation agreement between C.P. Vietnam Corporation (CP Vietnam) - Charoen Pokphand Group and Hoa Binh Province in Vietnam. This collaboration is aimed at bolstering food security and stimulating long-term economic growth. Attendees included Montri Suwanposri, President of CP Vietnam, and Nguyen Van Tuan, Vice Chairman of the Provincial People's Committee, with Nguyen Phi Long, Secretary of the Provincial Party Committee, and Sooksunt Jiumjaiswanglerg, Vice Chairman of the Executive Committee of CP Foods, as witnesses at the CP Tower, Silom. The agreement involves CP Vietnam sharing modern and sustainable farming technology and practices with farmers in Hoa Binh Province.

                In return, the province will support a variety of CP Vietnam's projects, including those in agriculture, food processing, basic utilities, and more. Both parties also foresee additional collaboration to nurture diverse industries, notably regional tourism, cultural exchange, and education, with the aim of promoting holistic economic growth and enhancing human resources within the province. This initiative underscores a mutual goal to improve the quality of life and ensure food safety for the Vietnamese people. This aligns with CP Group's “3-Benefits” principles, which prioritize the interests of the country and its people over the company’s benefit."