CẦN THƠ — The Netherlands Development Organisation (SNV), in collaboration with related parties, on Tuesday organised a workshop announcing the project ‘Transforming Rice Value Chains for Climate Resilient and Sustainable Development in the Mekong Delta’ (TRVC). It will be implemented from the Summer-Autumn crop in 2024, with funding of A$16 million (US$10.5 million) from the Australian Embassy in Việt Nam. Using Pay-for-Results mechanism, it incentivises and attracts the participation of private enterprises in the rice value chain, aiming to develop innovative technologies to achieve higher economic outcomes for smallholder farmers and all rice value chain actors, improve rice quality, reduce greenhouse gas (GHG) emissions and promote inclusive social values. The Mekong Delta is a key rice production region in Việt Nam. However, rice cultivation in the region and in Việt Nam in general is currently one of the major sources of greenhouse emissions.