Supporting the development of value chains for natural ingredient products

Objectives

• Selected natural ingredient value chains operate by the principles and criteria of BioTrade;
• A national BioTrade sector that trades NI in local, regional and international markets in accordance to BioTrade principles and criteria;
• An enabling policy and regulatory environment for the development BioTrade compliant initiatives.

Project Partners

• Ministry of Health
• Ministry of Agriculture and Rural Development
• Ministry of Natural Resource and Environment

Approach

• A group of interested, innovative companies committed to high quality that want to take up the BioTrade approach;
• The project will encourage entrepreneurs from the very start of the project to form a BioTrade Interest Group, which could later institutionalize into an Association. The project will work very closely with and through the BioTrade Interest Group;
• Other companies may crowd in via the BioTrade Interest Group;
• Service providers in the sector, directly and through BioTrade Interest Group, to enhance their capacities;
• Groups of farmers and collectors, generally jointly with the companies who buy NI from them

Achievement so far

• Establishment of project partnership with NIMM and four pioneer pharmaceutical companies: Traphaco Co, Jsc – Nam Duoc Co, Jsc – Vietroselle Co, Ltd – DHG Nature Co, Ltd;
• Development of the intervention plan of 6 determined natural ingredient value chains;
• Important workshops organized to provide fundamental understanding of BioTrade concept and its standard for the value chain stakeholders and partners;
• Relevant government institutions (MOH, MARD, MOIT, MONRE) identified and invited to participate in relevant project activities;
• Formulation of BioTrade Interest Group Vietnam (BIG Vietnam).

Budget 

1,000,000 USD 

Period: 2012 - 2014 

Main Contact 

Mr. Ta Minh Son
Project Manager
Email: son.ta@helvetas.org
Website: biotradevietnam.org/en