Biotech Updates

Low Budgets, Unreasonable Mechanism Hinder Science Development in Vietnam

July 6, 2012

Vietnamese Minister of Science and Technology Nguyen Quan in a news article pointed out that government spending on science and technology increased from 5,890 billion dong in 2006 to 14,442 billion dong in 2011.

However, the minister opined that the amount at 0.5 to 0.6 percent of the country's GDP is still among the lowest levels in the region and the world. Minister Quan together with other scientists including Professor Nguyen Van Hieu,  disclosed important strategies to increase funding support for science and technology in the country. Investment in food and agriculture as well as in science and technology they said, should be increased and directed towards strategic projects for Vietnam's progress.

See the article at  http://english.vietnamnet.vn/en/science-technology/23930/low-budgets--unreasonable-mechanism-hinder-science-development.html For news on biotechnology in Vietnam, contact Ngoc Nguyen Bich of AgbiotechViet at nbngoc78@yahoo.com.