February 08, 2023 | 14:12

Vietnam targets being among leading Asian biotech producers

Sector expected to contribute 7% of GDP by 2030.

Vietnam targets being among leading Asian biotech producers

Vietnam has set a target of becoming one of the top 10 Asian countries in terms of biotech production and services by 2030.

This is one of the goals set in a Resolution signed recently by Party General Secretary Nguyen Phu Trong on the development and application of biotechnology for sustainable development.

The sector is expected to contribute 7 per cent of GDP by 2030 and 10-15 per cent by 2045.

By 2045, Vietnam is expected to have a developed bio-tech sector and be one of the leading hubs in smart production and services and bio-tech startup and innovation in Asia.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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