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Vietnam Action Plan to Drive Biotechnology

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The government has released a resolution outlining its action plan to implement the directives of the Politburo’s Resolution 36, which focuses on the development and application of biotechnology. The resolution aims to support the nation’s sustainable growth.

Image adapted from VNA

Accordingly, a series of tasks have been set out for ministers, heads of government agencies, and chairpersons of People’s Committees in centrally run localities. These include fostering a shared understanding of the subject among public officials, personnel, workers, and the public, where the prioritisation of biotech development and application is deemed a crucial mission and solution within the socio-economic development plans of the relevant ministries, sectors, and localities.

Related laws, mechanisms, and policies should be formulated and finalised to establish a conducive environment for businesses, organisations, and individuals to engage in biotech research, fostering breakthroughs and appropriate applications.

The action programme calls for the development of a skilled workforce, increased investments in infrastructure, and the facilitation of firms’ access to new technologies and intellectual property patents. It also covers initiatives related to branding, product commercialisation, and international cooperation, among various other tasks.

Additionally, the programme considers it necessary to develop and integrate biotechnology into everyday life, positioning it as a key economic-technical sector that contributes to national defence and development.

Under Resolution 36, Vietnam aims to secure a position among the top ten Asian countries in biotechnology production and services by 2030. The country’s tropical climate and its shift away from agriculture in its economic landscape highlight the crucial role played by biotechnology in ongoing industrialisation and modernisation initiatives. Biotechnology contributes to ensuring food security, supporting economic restructuring, and fostering sustainable development.

As reported by OpenGov Asia, by 2045, Vietnam wants to have a well-established biotechnology sector and position itself as a leading hub for biotechnology startups and innovation in Asia. This sector is projected to contribute between 10% to 15% to the gross domestic product (GDP) by that time.

In the realm of environmental protection, biotechnology has introduced several solutions, including ways to break down inorganic and organic pollutants, waste treatment, the processing of industrial waste, and the application of microorganisms to tackle oil spills and incidents of oil contamination.

Vietnam has the opportunity to focus on advancing various facets of the biotechnology sector. This includes agricultural applications such as crop and animal breeding, the manufacturing of veterinary drugs, the development of vaccines, and the formulation of bio-fertilizers.

The biotechnology industry is poised to emerge as an important economic and technological sector, with a projected increase in the number of companies by 50% in terms of investment scale and growth rate, while half of the imported biotechnology products are anticipated to be replaced. This sector is expected to contribute 7% of the GDP.

The country has been working to transform its agricultural landscape with emerging technologies, especially in rural regions. Recently, the Bac Giang province announced a plan to reshape the future of agriculture.

The ambitious plan revolves around creating an intricate data ecosystem that includes information on land, crops, livestock, and fisheries. At the core of this initiative is the digitisation of data related to concentrated agricultural production areas. This digital footprint, combined with an electronic diary system, is set to transform product traceability. It will facilitate the efficient tracking of origin and the issuance of crucial codes for planting areas, packaging facilities, and farm identification.

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