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Agricultural insurance in Vietnam: pilot programme and pre-conditions for a public-private partnership approach

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  • Dang Minh Duc

Abstract

Agricultural insurance is an important tool that helps farmers gain access to appropriate financial services in support of agricultural production and the risks involved. In March 2011, the Prime Minister of Vietnam announced the adoption of a pilot agricultural insurance programme for selected agricultural products such as rice, shrimps, fish, buffalos and cows in 20 localities in the country. Since then, the programme has achieved some of its objectives, but has also had several weaknesses, such that the government is now considering the possible use of a public-private partnership approach. The programme experience is addressed here, leading into a discussion of significant pre-conditions for the sound involvement of the state and insurance companies in such an approach.

Suggested Citation

  • Dang Minh Duc, 2017. "Agricultural insurance in Vietnam: pilot programme and pre-conditions for a public-private partnership approach," Asia Pacific Journal of Public Administration, Taylor & Francis Journals, vol. 39(1), pages 63-71, January.
    • Handle: RePEc:taf:rapaxx:v:39:y:2017:i:1:p:63-71
    DOI: 10.1080/23276665.2017.1291555
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    Cited by:

    1. Md Sharifuzzaman & Hong-Seok Mun & Keiven Mark B. Ampode & Eddiemar B. Lagua & Hae-Rang Park & Young-Hwa Kim & Md Kamrul Hasan & Chul-Ju Yang, 2024. "Smart Pig Farming—A Journey Ahead of Vietnam," Agriculture, MDPI, vol. 14(4), pages 1-29, March.

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