| ID: | 84158 |
|---|---|
| Country: | Viet Nam |
| Title: | Vietnam – Project for Adaption to Climate Change in the Mekong Delta in Ben Tre and Tra Vinh Provinces (AMD) – April 2023 |
| Description: |
Some of the 20 employees cleaning and preparing fresh fish at the Phat Huy Seafood Processing Company, Thanh Phong commune, Thanh Phu district, Ben Tre province, where they work from 5am to 11am earning an average income of VND 7 million (US$ 300) per month. In 2019, The Project for Adaptation to Climate Change in the Mekong Delta in the Ben Tre and Tra Vinh Provinces (AMD) provided VND 1,4 billion (TUS$ 57) in co-investment that allowed the company to expand its single-day dried fish operation with additional equipment and a cold storage warehouse. In addition to capital investment, Mrs. Luong Thi Chung, the company’s Director, cited capacity development, business development services and technical guidance as other benefits gained from the AMD support. With AMD support, the company has quickly boosted its production capacity, diversified its range of products and developed strong connections to domestic markets. About 150 targeted households directly benefit from the growing business, including 40 poor or near-poor households, 20 women-headed households. On average, two tons of fish is processed per month, earning the company an annual profit of about VND 500 million. Tilapia and pangasius krempfi, a kind of Mekong catfish, are the company’s best-selling products. The Project for Adaptation to Climate Change in the Mekong Delta in the Ben Tre and Tra Vinh Provinces (AMD) strengthened the resilience and adaptive capacity of 54,000 smallholder farmer households by generating sustainable income opportunities and improved rural livelihoods, reaching an estimated 210,000 people. To this end, AMD invests in climate resilient, inclusive, and remunerative value chain opportunities, including coconut, fruits, and aquaculture. |
| Size: | 12.08 MB; 5568 x 3712 pixels; 471 x 314 mm (print at 300 DPI); 1473 x 982 mm (screen at 96 DPI); |
| Show more details: | Nguyen Hoang Sanh |
| Copyright: | © IFAD/ Nguyen Hoang Sanh |
| Categories: | New from Asia and the Pacific |
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