Topic: High-tech agriculture

The approved plan designates the zone as a high-tech hub for forestry, focusing on the application of advanced research and development (R&D) achievements.

The city will establish one high-tech agricultural application center to support this transformation.

The northern central province expects to attract a total investment of approximately $66.4 billion for the 2021-2030 period

The city providing financial support for the incubation of ideas and innovative startup projects.

HCM City's high-tech agriculture expected to account for 80% of total agricultural production value.

Over 800 livestreams labelled ‘OCOP Marketplace’ have been held since April, fetching revenue of more than $4 million from sales in the ‘One commune, One product’ program.

Application of science and technology in agriculture to be promoted.

According to Tech in Asia, the level of technology adoption in agriculture is still low in Vietnam because of a lack of capital. Only a few startups have raised capital externally.

As of the end of 2021, just 8 per cent of cooperatives around Vietnam had applied high technology and digital technology in production. The problem is that investing in high-tech agriculture is still risky because it requires a lot of funds but does not guarantee immediate success if there is a lack of staff and a weak distribution network.