PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601644

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Jan 2, 2018

Country

Viet Nam

Region

East Asia and the Pacific

IFC Approval Date

Dec 23, 2016

Status

Completed

Estimated Total Budget

$1,267,785.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 1, 2024

Project Estimated Start Date

Jan 1, 2017

Project Estimated End Date

Dec 31, 2019

Project Description

This program proposes a 3-year food safety advisory services project supporting a set of three investment clients in Vietnam and their supply chains in reducing the food safety risks by in-depth implementation of the requirements of Food Safety Management Systems (FSSC22000 or similar) and Good Agriculture Practices (GlobalGAP or similar). At a same time the program will be contributing in reducing the risk in the respective industries where the clients operate and contribute towards building better business environment by engaging the clients in the broader food safety capacity building agenda of GFSP (Global Food Safety Partnership) and contributing in the efforts of the regulatory and sector reform conducted by the World Bank. Objective 1: Use food safety advisory as a lever to improve the performance and efficiency of the selected three investment clients by a) increasing sales, b) reducing costs, and/or c) reducing the risk profile (as measured by number of implemented recommended changes). At a same time the project contributes towards strengthening client supply chains by providing direct FS advisory support to smaller farmers (out growers of chicken and piglets) and supports other SMEs such as slaughter houses. Objective 2: Build capacity across strategic sectors in Vietnam by leveraging resources with IBRDs Global Food Safety Partnership (GFSP), IBRD and T&C via: a) engaging Clients into specific Food Safety capacity building activities, b) developing sector level analysis relevant for MAS investments, c) ensuring Clients contribution in the high level working group meetings on government level related to food safety regulatory and enforcement issues, d) raising awareness on the benefits of better food safety management among other industry players, e) training/verifying consultants to develop a cadre of experts who can support MAS and other industry clients in the future.

Development Results

E&S Risks / Impacts and Mitigation