Large scale sustainable rice project improves incomes of smallholder farmers and makes positive impact on environment
- 10,000 farmers on the Mekong Delta see incomes increase by 17% through successful public-private partnership between Olam Agri, GIZ and MARD
- 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%
- Improved quality of rice meets international standards and opens up new markets in EU and US
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.