Large scale sustainable rice project improves incomes of smallholder farmers and makes <span class="txt-orange">Positive Impact on Environment</span>
<ul><li><span class="p1">10,000 farmers on the Mekong Delta see incomes increase by 17% through successful public-private partnership between Olam Agri, GIZ and MARD</span></li><li><span class="p1">Farmers in the programme’s trial plots saw a reduction in water usage by up to 40% and N-P-K fertiliser by up to 15%</span></li><li><span class="p1">Improved quality of rice meets international standards and opens up new markets in EU and US</span></li></ul>
<span class="p1"><b>Vietnam</b></span>
<span class="p1">10,000 smallholder farmers have made significant improvement in farming practices and quality of rice as part of the Market Oriented Smallholder Value Chain (MSVC) programme. Established in 2018, MSVC is a multi-stakeholder initiative between Olam Agri, German development cooperation Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, and Vietnam’s Ministry of Agriculture and Rural Development (MARD). Through this programme, up to 150,000 tonnes of paddies that meets international standards is produced, creating new growth opportunities for Vietnam’s rice exports to markets such as the EU and US.</span>
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<span class="p1" style = "text-align: center; display:block" >Award presentation for four cooperative representatives</span>
<span class="p1"><br>Olam Agri is one of the world’s largest rice merchants and a strong advocate of <a href="/products-services/rice">sustainable rice cultivation</a>. In the MSVC Vietnam programme, Olam Agri provided farmer incentives and created market linkages between cooperatives and millers to buy paddy directly from the farmers in Mekong Delta. With proven expertise and knowledge in sustainable farming practices, Olam Agri will be producing and packing private-labelled rice that carries the SRP-Verified Label1 from Vietnam‘s SRP certified farms in the Mekong Delta.</span>
<span class="p1">“We highly appreciate the efforts of the partners in building a comprehensive set of solutions from improving farming techniques to access to markets, including developing the capacity of farmers, farmer organizations in improving the quality and value of rice. The successes and lessons learned from the project will contribute to supporting state management agencies at all levels in the process of directing, formulating and adjusting policies to promote the development of production and market linkages for agricultural products in the country,“ said Mr Le Duc Thinh, General Director of the Department of Economic Cooperation and Rural Development, MARD.</span>
<span class="p1">As an ongoing effort to continue advancing sustainable farming practices in Vietnam, Olam Agri will continue to work with the Vietnam government to train farmers on techniques to protect soil health and create more support for the inclusion of women in agriculture.</span>
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<span class="p1"><sup>1</sup>The SRP-Verified Label provides assurance on sustainable best practices claims</span>