Vietnam will have more high-tech agricultural areas in all key economic zones nationwide in the time to come, the Vietnam Economic News reported.

According to the Ministry of Agriculture and Rural Development, every province in the country’s key economic zones will have between 3 and 5 high-tech agricultural enterprises and about 2 or 3 high-tech agricultural areas.

Enterprises involved in agricultural investment at local level will be given support in terms of high-tech applications, preferential land rent, loans, and market development, said the Vietnam Economic News.
According to TH Group Chairwoman Thai Huong, majority of Vietnamese enterprises are small and medium-sized, and many of them are reluctant to invest in agriculture considering this as a high risk investment. If they do, they often involve in agricultural purchase, pre-processing, and distribution.

Director of the Department of Science and Technology for Economic and Technical Branches, under the Ministry of Science and Technology, Nguyen Van Lieu said it was necessary to provide stronger support for agricultural companies such as soft loans, brand building and trade promotion while encouraging the development of domestic scientific research.

According to General Director of Da Lat Flower Forest Biotechnology JSC Nguyen Dinh Son, an investment fund for high-tech agricultural enterprises should be established to help these enterprises invest in equipment and techniques.-VNA