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Vietnamese Cooperative Enterprise Development project

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The Prime Minister, Justin Trudeau, announced today that Canada is contributing $12.9 million over five years (2015-2020), in partnership with the Société de coopération pour le développement international (SOCODEVI), for the Vietnamese Cooperative Enterprise Development (VCED) project.

The project aims to increase the competiveness of Vietnamese agricultural cooperatives, helping create economic opportunities for small-holder farmers, particularly female farmers.

The project will help develop a national strategy to scale up and replicate the success of high-performance cooperatives. It will assist cooperatives to create and implement business plans, while developing financing mechanisms to enable them to acquire new technology for the processing and marketing of agricultural products. It will deliver training programs on governance and gender equality, environmentally sustainable agricultural production techniques, such as safe application of fertilizer and pesticides, and post-harvest handling in order to meet quality certification standards and access new markets.

The project will leverage Canadian expertise in agriculture—to help improve the production and quality of sustainable agriculture production in Vietnam—strengthen cooperative management practices, and improve access to new markets. Canadian agricultural cooperatives and Vietnamese agricultural officials and farmers will share knowledge and best practices through hands-on experience.

SOCODEVI is a Canadian not-for-profit international development corporation that has over 13 years of experience working in Vietnam. The corporation is recognized globally for its expertise in agri-food sector development, strengthening cooperatives, and supporting governments to improve the policy and regulatory framework for cooperatives.