The Prime Minister has approved a project on developing the agricultural biotechnology industry to 2030 with the aim of optimising the country’s potential in researching, applying, and mastering advanced biotechnologies in the agricultural sector.
The south-central province of Ninh Thuan has stepped up the application of science and technology in agricultural production in order to boost socio-economic development in tandem with sustainable environmental protection.
Prime Minister Nguyen Xuan Phuc has requested ministries, localities and businesses strengthen cooperation to develop agricultural mechanisation and processing of agricultural products.
The total organic farming area in Vietnam expanded from 12,120ha to 76,666ha between 2007 and 2015, faster than the global average pace, said Director of the Vietnam Agricultural Extension Centre Tran Van Khoi.
With Vietnam’s wide usage of smartphones and great agricultural potential, and commitment to truncate more than half of the existing agricultural administrative procedures, many foreign firms are hunting for opportunities in the country’s agricultural sector.
Vietnam’s agriculture reached an export value of US$36.5 billion last year. With positive signals in the first two months of 2018, the sector aims to grow 3.05% this year with an export value of US$40.5 billion, higher than previous plans.
