The World Bank’s Board of Executive Directors has approved US$315 million in two credits for Vietnam to support the government’s agriculture restructuring plan and help with the revision of a new education curriculum.
Of the amount, US$238 million will be used to finance the Sustainable Agriculture Transformation Project, which will directly benefit up to 200,000 rice-producing households of about 1 million people in the Mekong Delta provinces and 50,000 coffee-producing households of about 250,000 people in the Central Highlands.
The project will assist rice farmers in the Mekong Delta provinces of Kien Giang, An Giang, Hau Giang, Tien Giang, Can Tho, Soc Trang, Dong Thap, and Long An to adopt improved on-farm practices and improve basic production and processing infrastructure for producing high-quality rice by linking them to agribusinesses.
The project also will support sustainable coffee production and rejuvenation in the five major Robusta coffee-producing provinces of Lam Dong, Dak Lak, Dak Nong, Gia Lai and Kon Tum provinces.
A second credit of US$77 million will finance the Renovation of General Education Project to raise student learning outcomes by providing assistance to help update and implement a new competency-based curriculum for primary, lower-secondary, and upper-secondary students.
The project also will improve the effectiveness of instruction by creating and disseminating textbooks aligned with the revised curriculum and improve the assessment system.