Vietnam to invest over $53 mn for aquaculture biotechnology
22 April 2008
More than VND 850 billion (US$53 mn) will be invested in a project to develop and apply biotechnology in Vietnam’s fisheries sector from now until 2020. The project, presented by the Ministry of Agriculture and Rural Development at a conference in Hanoi on April 21, aims to create a breakthrough in aquaculture development and post-harvest technology.
The ministry said it hopes the project will help ensure sustainable development of the fisheries sector and improve the competitive edge of Vietnam’s aquatic products. The project will focus on preserving and developing gene sources alongside developing new varieties of aquatic products. It will also support research on feed, disease prevention and treatment, and the management of aquaculture environments.
Control of processed product quality, development of an aquatic biotechnological industry, improving human resources and equipment, and promoting international co-operation are also earmarked for attention.
Aquaculture conference participants said fisheries has applied biotechnologies in production and processing, including traditional biotechnologies, however the sector still faces many difficulties. They said important concerns in applying biotechnology were the lack of staff, long-term strategies and the need for more investment.