Business

First private aqua-research institute opens

The Binh An Aquaculture Joint Stock Company inaugurated the country’s first private aquaculture research institute in the Mekong Delta city of Can Tho on July 30.
The Binh An Aquaculture Joint Stock Company inaugurated the country’sfirst private aquaculture research institute in the Mekong Delta city ofCan Tho on July 30.

The institute will focus itstasks on developing and applying new technologies in genetic research,production of seafood varieties and feed as well as preventativemedicines for shrimps, fish and other biological products.

The institute is also prioritising researching foreign markets,building strategies to expand their distribution networks, developingproducts, processing and exports as well as setting up advancedmanagement models and supporting businesses and farmers to usee-commerce and new technologies to achieve sustainable growth in thecountry’s aquaculture industry.

The Ministry of Science and Technology has granted 2.5 billion VND to the institute to train managers and research staff./.
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