The Times Australia
News From Asia

.
Times Media

.

World Bank continues to accompany Vietnam to develop green agriculture

World Bank (WB) continues to support Vietnam's agricultural sector for the Green Growth Strategy.

HANOI, VIETNAM - Media OutReach - 2 August 2023 - A World Bank delegation led by Anna Wellenstein, East Asia and Pacific Regional Director for Sustainable Development, held a working session with Vietnam's Ministry of Agriculture and Rural Development (MARD) where leaders of the two sides exchanged information and discussed six key cooperation fields and continued to open up cooperation opportunities in the future.

Photo 1.jpg
The working session between the Vietnam Ministry of Agriculture and Rural Development and the World Bank on July 10. Photo: Thanh Thuy.


As the project with the greatest impact on sustainable development, Mekong Delta Climate Resilience and Integrated Transformation Project (MERIT) aims to build water infrastructure for the Mekong Delta. MARD will continue to work closely with the World Bank and local authorities in the future to ensure the inter-regional leadership role for sustainable development.

Photo 2.jpg
Anna Wellenstein, East Asia and Pacific Regional Director for Sustainable Development highly appreciated MARD's efforts over the past time. Photo: Linh Linh.


In the field of forestry,
World Bank is currently cooperating and supporting Vietnam in the implementation of the "Forest Sector Modernisation and Coastal Resilience Enhancement Project" to improve coastal forest management and the "Emission Reductions Payment Agreement (ERPA) for the North Central Region of Vietnam" that provides payment for forest protection and restoration initiatives. The East Asia and Pacific Regional Director for Sustainable Development further highly valued MARD's achievements in emissions monitoring and reduction as well as the Vietnamese people's forest protection responsibility. She announced that Vietnam would receive a total of $41.2 million, marking the largest amount disbursed by the EAP Carbon Fund when the official Emission Reduction Verification Report is released.

The Minister of Agriculture and Rural Development stated that Vietnam will ensure adequate mechanisms and budget sources for the fair and transparent implementation of the ER Program's Benefit Sharing Plan.

For MARD's new project for the development of one million hectares of low-emission high-quality rice on the basis of VnSAT's success, which won the World Bank's East Asia Awards 2023, Minister Le Minh Hoan acknowledged World Bank's support and showed his willingness to promote dialogue between MARD and the WB to call for the attention of ministries, sectors, businesses and farmers.

About the Dam Safety Improvement and Repair Project and the next strategic partnership in the Water Sector Cooperation (VWE) program, Anna Wellenstein affirms MARD's central role in the project, helping to implement the National Action Plan.

For its part, MARD highly appreciated the World Bank's support for Vietnam and the cooperation had produced significant results. MARD is ready to work closely with the World Bank, ministries, branches and localities to build an inter-sectoral coordination mechanism for the effective implementation of the Vietnam Politburo's Conclusion No. 36-KL/TW on water security and safety of dams and reservoirs. Especially, in the context of climate change, the Department of Water Resources, Ministry of Agriculture and Rural Development of Vietnam is developing a plan to respond to El Nino, prevent natural disasters, and ensure water security to submit to the Government.

The World Bank is willing to support the Program and the development of public-private data-sharing policies and practices in addition to upgrading local infrastructure to help farmers transform their livelihoods and create efficient value chains.

Regarding the Sustainable Fisheries Development Project, the World Bank expects that the effective establishment of three regional fisheries centers/dynamic ports will boost the coastal economy and strengthen regional linkages.

This project is considered a priority of the Government and the fisheries sector to get the EC 'yellow card' lifted, thereby ensuring stability and livelihoods for nearly 800,000 fishermen and more than 4 million workers in the fishing industry.

Regarding the Project on Capacity Building for Disaster Response in Coastal Areas of Vietnam (WB10), WB delegates reiterate their commitment to support the program, hoping that MARD will have a plan to soon implement phase one of the project. Meanwhile, MARD is preparing for this project and will promptly exchange the WB.

Minister Le Minh Hoan acknowledges challenges in coordination with central and local ministries and sectors in Vietnam besides initial successes. MARD is committed to reporting and updating sufficient information to the WB in the next programs for effective access and successful cooperation.


After the National Green Growth Strategy for the period of 2021-2030 with a vision to 2050 and the National Action Plan on Green Growth for the period of 2021-2030 period was released by the Prime Minister of Vietnam on October 1, 2021 and July 22nd, 2022 respectively, the Ministry of Agriculture and Rural Development of Vietnam worked out an action plan to implement the National Strategy on Green Growth for the period of 2021-2030 on September 12, 2022 and make efforts to accelerate the implementation of action programs and projects with a high determination to achieve the set green growth goals.

Nguyen Do Anh Tuan, Director General of International Cooperation Department, MARD said Vietnam is a responsible member of the international community. The implementation of foreign investment projects in Vietnam's agricultural sector is transparent, responsible and efficient. Vietnam's agricultural sector wishes that governments, international organizations, and foreign investors continue to join hands, cooperate with and invest in Vietnam for a green and sustainable agriculture, contributing to the supply chain of agricultural products and ensuring world food security.


The issuer is solely responsible for the content of this announcement.

The Times Features

Sunshine Coast Personal Injury Lawyers: Expert Guidance for Work Accident Claims

When accidents occur in the workplace, they can have profound and lasting effects on a worker's life, both physically and financially. In Queensland's Sunshine Coast, personal in...

iS Clinical's Skincare Secrets for Radiant Party Season Skin

As the festive season approaches, having runway-ready skin is easier than ever with iS Clinical's  top skincare prep tips. Whether you're walking the red carpet or simply stepp...

How to Camp Sustainably in Byron Bay: Eco-Friendly Tips

Camping in Byron Bay is a fantastic way to soak up nature, from beautiful beaches to lush rainforests. It’s no wonder Byron Bay camping is on so many bucket lists! But with more ...

Book a room in Broome as the northwest is best

Looking for a different kind of seaside escape? Done the east coast? Then book a room in Broome to discover why those in the know say the northwest is best, with Broome one of ...

Primary care involves more than GPs. A new review shows how patients can better access care

Australians today are more likely[1] than previous generations to live with complex and chronic diseases, such as diabetes, heart disease and depression. This means they’re mo...

Why Your Credit Score Matters More Than You Think in Australia

Your credit score isn't just a number, it's a reflection of your financial reputation. In Australia, a good credit score can unlock doors to better financial opportunities, while...

Enhance Your Home’s Comfort and Style with Blackout Curtains from 3Hlinen

Creating a comfortable and peaceful home environment often involves choosing the right window treatments. Among the various options available, blackout curtains stand out as a ve...

Is thirst a good predictor of dehydration?

Water is essential for daily functioning and health, and we can only survive a few days[1] without it. Yet we constantly lose water through sweat, urination and even evaporatio...

How doctors use light to diagnose disease

You’re not feeling well. You’ve had a pounding headache all week, dizzy spells and have vomited up your past few meals. You visit your GP to get some answers and sit while they ...

Times Magazine

Phonebot Click Frenzy Sale: Save Up to 50% OFF

Click Frenzy 2024 is about to kick off, and if you love tech (and bargains), you’re in for a treat! From November 12 to 15, Aussies will have the chance to grab incredible deals on refurbished iPhones, iPads, Samsung phones, and much more. Whether ...

How To Know If Your Phone Is Being Tracked: Full Guide

Suppose one day you are in a meeting and suddenly your phone starts ringing. You are not expecting any calls, so you ignore them. However, the caller leaves a voice mail, and you check it out. The voice message is empty, and you wonder why someon...

Harnessing Success with Vistaprint: A Strategic Alliance for Australian Businesses

In the vibrant marketplace of today, businesses are consistently on the lookout for innovative methods to amplify their brand presence. A pioneering brand assisting in this endeavour is Vistaprint, an international e-commerce titan offering an im...

A Comprehensive Look at the Positive Effects of Magnesium Supplement Australia

Magnesium is one of the most important nutrients that the human body need. It is required for the normal operation of several systems, including the neurological, muscular, and cardiovascular systems. Despite its importance, research suggests that ...

3 Solar Panel Warranty Categories You Should Know

A solar power system is a multi-decade investment. If its components degrade quickly over time, you’re likely to drive less long-term value from it. That’s why there’s a need to check whether each component comes with a rock-solid warranty. All so...

Understanding Hair Loss in Men: Causes, Prevention, and Effective Care Routines

Most men suffer from hair loss, which is a common problem affecting millions of users worldwide and starts at various stages — Some may even have their hair thinning in the early 20s While others cannot observe any signs later on. No matter how it ...