Biotech Updates

Vietnam's Focus on Coping with Climate Change

September 24, 2010

The Ministry of Industry and Trade (MoIT) will invest 143.5 billion VND in an action plan to cope with climate change from 2010 to 2015. The recently held  inauguration ceremony was jointly organized by the MoIT and the United Nations Industrial Development Organization (UNIDO) in Hanoi.

Addressing the ceremony, Deputy Minister of Industry and Trade Hoang Quoc Vuong said that the plan will regulate several programs carried out by the MoIT regarding the safe and efficient use of energy, biofuels, cleaner production, sustainable consumption and the development of renewable energies. The MoIT will map out several mechanisms and policies to create favorable conditions for deploying activities to respond to climate change, with priority given to socialization, diversification and ways to attract investments from both in and outside of the country.

By 2013, the ministry plans to have completed and appraised the impacts of climate change and rising sea levels and control of the spread of greenhouse effect while conducting industrial and trade activities along with carrying out several low carbon and eco-friendly pilot projects.

The original news can be found at Vietnam News Agency (09th Sept 2010) at For information on biotechnology in Vietnam contact Agbiotech Viet at