Phuc Sinh, Vietnam's largest spice exporter, secured a USD 25 million loan from the Dutch &Green Fund to promote sustainable agricultural practices.

Information on the Target

Phuc Sinh is recognized as Vietnam's largest spice exporter, specializing in various products including black and white pepper, coffee, desiccated coconut, chillis, star aniseed, cinnamon, tea, sesame, and cashew nuts. With a commitment to sustainable production practices, the company has garnered attention from international investors seeking to promote environmentally conscious agricultural methods. Recently, Phuc Sinh secured a loan of over USD 25 million from the &Green Fund, managed by the Dutch fund SAIL Investments.

The investment from &Green Fund is particularly significant as it marks Phuc Sinh as the first Vietnamese recipient of support from this environmentally focused foundation. The funds are earmarked for ensuring deforestation-free supply chains for coffee, aligning with global trends towards sustainable sourcing and reducing environmental impact.

Industry Overview in Vietnam

Vietnam's agricultural sector remains a cornerstone of its economy, significantly contributing to the country's GDP and employment. The nation is one of the world’s leading exporters of several agricultural products, capitalizing o