Cultivation/Production, Trends

PepsiCo signs contract-farming MOU with Vietnamese potato growers

PepsiCo Foods Vietnam Co (PFVC) has signed a memorandum of understanding with the Vietnamese Department of Agriculture and Rural Development (DARD) and the Phivang Collaboration of Farmers in Vietnam to introduce a sustainable contract potato-farming model. PFVC says the MoU is the first of its kind in Vietnam. The agreement will benefit around 50 small-scale farmers in Lam Dong province. As part of the MoU, PFVC will agree a fixed price for the purchase of potatoes from the Phivang Collaboration of Farmers at the start of each growing season.

Source: www.nationmultimedia.com

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