Vietnam

Vietnamese agribusiness giant HAGL destroys indigenous lands

The agribusiness company, Hoang Anh Gia Lai (HAGL), pledged to World Bank in 2015 to return land within its rubber concessions to local communities. But as residents have sheltered at home due to COVID-19, the company has cleared much of the land.

Olam secures a US$176 million term loan from IFC and JICA

The funds will be used for the procurement of specific agri-commodities from smallholder farmers in Vietnam, Indonesia, Timor-Leste, Papua New Guinea and Uganda as well as the expansion of Olam’s cocoa processing facility in Indonesia.

Local firm exports first batch of bananas to China

Vietnam's HAGL Agrico, which has 18,000ha of agricultural land worth about US$400 million in Ratanakiri province northeast Cambodia, has shipped its first batch of fresh bananas from its Cambodia plant to China