The project will help install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity in Viet Nam. Photo: ADB.

ADB Project to Modernize Irrigation Systems, Improve Agricultural Productivity in Viet Nam

HA NOI, VIET NAM (27 November 2018) — The Asian Development Bank has approved over $100 million in financing to help the Government of Viet Nam install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops such as coffee, peppers, grapes, dragon fruits, and mangoes.

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Viet Nam is the world’s second largest coffee producer after Brazil, and it is the largest producer of Robusta coffee, which is well-suited for soluble coffee. Photo: ADB.

ADB, JICA Support Expansion of Coffee Value Chain in Viet Nam

Singapore-based agribusiness group Olam International has secured $163 million in financing from the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA), including $80 million in loans for its coffee subsidiary in Viet Nam.

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