Under Prime Ministerial Decision No. 1466/QD-TTg, signed by Deputy Prime Minister Ho Quoc Dung on July 31, a biotechnology development plan in agriculture and environment has been approved.
According to the plan, biotechnology will be developed into a key foundational sector that drives innovation to support growth in agriculture and environment based on science, technology, innovation, and digital transformation.
The plan seeks to master core and strategic technologies, foster an ecosystem of biotechnology enterprises and strategic technology products, and enhance competitiveness in service of green, circular, and sustainable agriculture.
It set a target to master next-generation biotechnology, strategic biotechnology, and gene-editing technologies by 2045, which will be applied to develop industrial-scale products and establish a techno-economic sector capable of supplying high-quality and safe products to both domestic and international markets.
According to the plan, Vietnam will form a market for agricultural and environmental biotechnology, thus positioning the nation as one of the world and region's leading biotechnology countries for smart biotechnology production and services.
Moreover, businesses are expected to increase their investment scale and growth by 70 percent. Biotechnology products are targeted to replace at least 60 percent of imported products, while the biotechnology industry will contribute 15 percent of the sector's value added.
To achieve these objectives, the Plan outlines the following priority tasks and solutions:
- Developing science and technology to support growth in the agriculture and environment sectors;
- Building and strengthening biotechnology capabilities, including infrastructure, human resources, and research capacity;
- Developing biotechnology industry for agriculture and the environment;
- Establishing and improving legal and policy frameworks to promote biotechnology industry development;
- Enhancing international cooperation in biotechnology; and
- Raising public awareness and communication about biotechnology industry.
