MARD receives $3 million to improve rice seeds

Dec 31st at 08:10
31-12-2015 08:10:28+07:00

MARD receives $3 million to improve rice seeds

The Cuu Long Rice Research Institute (CLRRI) will receive funding of more than US$3 million from the Fostering Innovation through Research, Science and Technology (FIRST) to implement a project.

The project aims to improve the quality of research and development for new rice seeds.

The project, as a part of the agreement, signed on December 29 between the Ministry of Agriculture and Rural Development's CLRRI and the Ministry of Science and Technology's FIRST, will help CLRRI master advanced technologies and develop new rice seeds that have better productivity and quality and generate higher economic values for the socio-economic development.

CLRRI will also be able to improve the quality of its employees and equipment to research and create new rice seeds that meet international standards, increase its income from research activities by 30 per cent to 35 per cent, and transform the CLRRI into a leading agricultural science and technology institute in the region once the project is completed.

"The Ministry of Science and Technology expects the CLRRI to implement the project efficiently to create new rice seeds for the country as rice is one of Viet Nam's six key products," Tran Quoc Khanh, deputy minister of science and technology said.

The project reflects the government's concern and determination to develop and improve state-owned science and technology research centres given difficulties with the country's economic development, Khanh said.

The FIRST project was launched by the World Bank in 2007 as the first science and technology project to fund and assist Viet Nam's science and technology organisations to master financial and technological resources in order to improve their performances.

bizhub



NEWS SAME CATEGORY

Viettel dominates Vietnam’s mobile market with $2bn profit in 2015

Vietnam’s three leading mobile carriers collectively earned a profit of VND56.47 trillion (US$2.52 billion) in 2015, with market leader military-run Viettel...

Duyen Hai 2 BOT contract signed

On December 29, the Ministry of Industry and Trade and Malaysian Teknik Janakuasa Group signed the build-operate-transfer (BOT) contract to build Duyen Hai 2...

Supermarkets launch sale season

Supermarkets around the country have launched promotions to attract customers during the New Year holiday.

Government to continue push to implement market economy

Prime Minister Nguyen Tan Dung asked Government agencies and local authorities to step up efforts to implement strategic breakthroughs focused in the establishment...

Foreign arrivals to VN drop first time since ‘09

International visitors to Viet Nam witnessed a modest year-on-year decrease of 0.2 per cent to 7.94 million in 2015, the latest report from the General Statistics...

Farming enjoys trade surplus

Agro-forestry-fishery recorded a trade surplus of US$7.1 billion in 2015, despite a slight reduction in export revenues.

Entrepreneurs indifferent to integration

The results of a study on "Vietnamese businesspeople's awareness of integration" were released by the PACE Institute of Management in HCM City yesterday.

Vietnamese abroad welcomed

Ha Noi will develop a transparent investment environment that is suitable with the international integration process and attract more overseas Vietnamese investors...

Vietnamese drink distributor fined for failing to properly preserve tainted Dr Thanh tea

A food safety watchdog in southern Vietnam has completed a check on several dozen bottles of Dr Thanh herbal tea, reportedly containing dregs, and it was a beverage...

Vietnam lists 17 sectors open for foreign investment: gov't

The Vietnamese government has published a list of 17 business sectors that are open to foreign investors, with some conditions, in a bid to improve the investment...


MOST READ


Back To Top