Vietnam

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

Vinamilk, Lao-Jagro partner in organic dairy farm and resort

Vinamilk, Vietnam’s largest dairy company, has teamed up with Lao and Japanese businesses to build an organic dairy farm and resort in Xieng Khuang province, Laos. The first phase of the farm will cover 5,000 ha and the second phase is expected to expand the farm to 15,000-20,000 ha.