IFC Helps Vietnam Set up Coffee Grower Training Center

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Atlantic Commodities Vietnam Ltd, a subsidiary of Swiss ECOM to set up a coffee grower training center in Vietnam, the Sai Gon Giai Phong newspaper reported. The center expects to attract 4,000 local coffee growers in the next three years and help them acquires such certificates in sustainable coffee farming as Utz, Rainforest and 4C. The center is part of a cooperation program between IFC and ECOM under which IFC will lend ECOM $55 million to train farmers in six developing countries including Vietnam.