The Republic of Korea (RoK)’s Chuncheon Bioindustry Foundation (CBF) signed a number of cooperation agreements with Vietnamese localities and companies in the field of biotechnology on the sidelines of a workshop on the application of technology for primary healthcare products in Ho Chi Minh City on June 18.

At the workshop

The event was jointly held by the Saigon Innovation Hub (Sihub) and the CBF.

The CBF inked a deal with the Departments of Science and Technology of the Mekong Delta city of Can Tho and provinces of Soc Trang and Ben Tre to promote research and extraction of local medicinal plants for the creation of healthcare products.

Can Tho and Ben Tre placed an order for the CBF to create a set of quick testing tools for toxicants in agricultural and food samples.

The CBF also signed cooperation agreements with Vietnamese companies to boost science-technology research and development between the two countries.

The two sides will coordinate to provide personnel, experts and advisors to participate in activities and programmes on start-up ecosystem development, transfer of technology, global trade promotion, and information exchanges in biotechnology.

As of May 2019, Sihub transferred over 13 technologies from Japan and the RoK such as waste treatment technology, 3D freezing technology, and Internet of Things (IoT) application in agriculture.