Vietnam has been gradually moving away from a volume-oriented model towards an agricultural economy focused on value addition, quality, efficiency and sustainability.
According to ADB, to realise its goal of becoming one of the world’s top 15 agricultural exporters by 2030, Vietnam will need substantial capital, estimated at nearly 100 billion USD. The newly signed 250 million USD loan package represents part of the solution to this challenge.
A flagship initiative is the Model Farm/Experimental Farm (DemoFarm) project, which will introduce advanced cultivation techniques tailored to local soil conditions.