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WB to provide 315 million USD for Vietnam’s agriculture, education

The World Bank (WB)’s Board of Directors have approved two credit packages worth a combined 315 million USD to assist Vietnam’s agricultural restructuring and general education reform, according to the WB in Vietnam.
The World Bank (WB)’s Board of Directors have approved two creditpackages worth a combined 315 million USD to assist Vietnam’sagricultural restructuring and general education reform, according tothe WB in Vietnam.

Of the total, 238 million USDwill be allocated to a project to renovate the agriculture sectorsustainably, which is expected to directly benefit 200,000 rice-growinghouseholds with about 1 million people in the Mekong Delta and another50,000 coffee producing households of about 250,000 people in theCentral Highlands.

The project supports Governmentefforts to reform the agriculture sector, especially in the twoimportant sub-sectors of rice and coffee, said Chris Jackson, the WorldBank’s Lead Rural Development Specialist and team leader for theproject.

He said Vietnam is now a major globalexporter of rice and coffee, yet the preoccupation with volume targetshas resulted in the extensive use of unsustainable practices andhigh-volume but low-value exports. Sustained agricultural growth willrequire structural changes in the pattern of production and organisationof the supply chain to benefit small-holder rice and coffee farmers,which is the main goal of this project.

The projectwill assist rice farmers in the Mekong Delta provinces of Kien Giang, AnGiang, Tien Giang, Can Tho, Soc Trang, Dong Thap and Long An to adoptimproved farming practices and improve basic production and processinginfrastructure for producing high-quality rice by linking them toagribusinesses.

The project also will supportsustainable coffee production and rehabilitation in the five majorRobusta coffee-producing provinces of Lam Dong, Dak Lak, Dak Nong, GiaLai and Kon Tum.

A second credit package of 77 millionUSD will finance the renovation of a general education project to raisestudent learning outcomes by providing assistance to help update andimplement a new competency-based curriculum for primary, lower-secondaryand upper-secondary students.

The project also willimprove the assessment system and instruction effectiveness by creatingand disseminating textbooks aligned with the revised curriculum.-VNA

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