HCM City gives priority to supporting hi-tech agricultural production start-ups

Jul 6th at 08:09
06-07-2023 08:09:52+07:00

HCM City gives priority to supporting hi-tech agricultural production start-ups

HCM City will give priority to supporting and nurturing high-tech agricultural production start-ups of young entrepreneurs in an aim to raise the proportion of high-tech agriculture in the city's total agricultural land.

Cantaloupe melons grown in a greenhouse in the HCM City Agricultural High-tech Park in Cu Chi District. — VNA/VNS Photo Manh Linh

According to the city’s Department of Agriculture and Rural Development, the city has more than 60,000 hectares of agricultural land, but the area under high-tech agriculture is less than one percent.

By 2030, it targets to increase the proportion of high-tech agriculture in the city's total agricultural land by up to 10 percent.

It now has about 4,300 agriculture enterprises, accounting for one percent of the total number of enterprises in the city.

The production value of the agricultural sector is only on-fifth the value of other sectors. .

The department has coordinated with the city’s Department of Science and Technology, Business Startup Support Centre under the Ho Chi Minh City Youth Union of HCM City, and the people's committees in districts and Thu Duc city to nurture business confidence and the entrepreneurial spirit among young people for developing high-tech agricultural startups.

It submitted a draft amendment to the policy on providing interest rate support in loans for high-tech agriculture to build net houses and greenhouses on agricultural land.

In addition, the Department of Science and Technology and the Business Startup Support Centre are offering a number of policies to support innovative start-ups in high-tech agriculture. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Conference highlights role of green hydrogen in Vietnam’s energy transition

A conference was held in Hanoi on Tuesday to evaluate the role of green hydrogen in Viet Nam’s energy policy, contributing to implementing the National Power...

Innovation vital for local retail advance

Vietnamese consumers are entering a new era characterised by their evolving preferences, with it being more crucial than ever for businesses to understand the...

New decree to be developed to facilitate LPG business

The Ministry of Industry and Trade was drafting a new decree about liquefied petroleum gas (LPG) business to create favourable conditions for enterprises operating...

Agricultural, forestry and fishery exports reach nearly $25 billion in H1

The agriculture sector posted a total agro-forestry-fishery export value of US$24.59 billion in the first half of 2023, down 11.1 per cent year on year, according...

International precision engineering, machine tools expo opens in HCM City

The 19th International Precision Engineering, Machine Tools and Metalworking Exhibition and Conference opened in HCM City on Tuesday to showcase a range of the...

PMI recovers slightly, but still below threshold of 50 points

The S&P Global Viet Nam Manufacturing Purchasing Managers' Index (PMI) posted below the 50.0 no-change mark for the fourth month running in June, signalling a...

Apparel groups anticipate ongoing rocky progress

India and Bangladesh are competing with Vietnam for garment orders, but China is the most formidable rival, while Cambodia and Myanmar are emerging as new exporting...

United Tastes continue expanding in Hanoi

The finest and widest array of American agricultural products will be offered to consumers in Hanoi through more than 1,000 WinMart supermarkets and groceries.

MoIT and Samsung Viet Nam start smart factory project

The Ministry of Industry and Trade (MoIT) and Samsung Vietnam on Monday officially kicked off the smart factory development project with an aim to support...

PMI recovers slightly, but still below threshold of 50 points

The S&P Global Viet Nam Manufacturing Purchasing Managers' Index (PMI) posted below the 50.0 no-change mark for the fourth month running in June, signalling a...


MOST READ


Back To Top