1.97 billion USD in ODA allocated for agricultural development

(VOVWORLD) - Vietnam has carried out 23 agricultural projects using official development assistance (ODA) worth nearly 1.97 billion USD.

Le Van Hien, head of the Ministry of Agriculture and Rural Development’s Agricultural Project Management Board revealed the figures at a conference held in Hanoi on Wednesday to review the two decades of running such projects. Mr. Hien said 17 out of the 23 projects were completed, with the rest being underway, benefiting millions of people across 63 provinces and cities nationwide.
The projects cover crop cultivation, animal husbandry, aquatic farming, rural infrastructure development and natural disaster prevention.

Mr. Hien pointed to the shortage of preferential loans from donors and policy changes in the management of ODA sources are challenging the building of programs from 2021 to 2026.  The board is currently designing three projects using loans from the World Bank on sustainable fishery development, farm produce safety, and sustainable growth of cashew, peppercorn and fruit sectors. It is also working on a project on increasing rice value chains in the Red River Delta

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