Việt Nam News

Quảng Ninh approves $36m hi-tech farming zone

September 20, 2019 - 09:08

Covering nearly 170ha, the zone will be used for researching and fostering the application of technology in the seafood industry with a focus on shrimp development in the province and others in the north, baodautu.vn reports.

A shrimp farming area which uses Israeli technology in Đầm Hà District. — Photo baodautu.vn

QUẢNG NINH — The People’s Committee of northern Quảng Ninh Province has approved the establishment of a hi-tech farming zone, expected to cost VNĐ829 billion (US$36 million), in Đàm Hà District.

It will be also in charge of providing fish breeds, developing technologies used for fisheries farming and support industries besides focusing on personnel training for the seafood industry, the online newspaper said.

Of the zone’s total investment, VNĐ159 billion will come from the provincial budget while the remainder will be contributed by the Bình Thuận Province-based Viet-Uc Seafood Corp – the zone’s developer and strategic investor. The company will be eligible to manage more than 100ha of the zone’s area.

The zone will be developed in three stages. The first phase will be kicked off in 2020, the second will implemented in the 2021-23 period and the third will last from 2024 to 2025.

The Prime Minister has approved a master plan for hi-tech agriculture zones through 2020, a move to put domestic farming on the sustainable development track and ensure national food security.

Besides previously-approved hi-tech farming parks in Hậu Giang and Phú Yên, another eight will be built in HCM City, the northern provinces of Thái Nguyên and Quảng Ninh, the central provinces of Thanh Hóa and Khánh Hòa, the Central Highlands province of Lâm Đồng, and southern Bình Dương and Cần Thơ City.
Farming zones applying technological advances dedicated to coffee trees are mostly in the Central Highlands, northwest and north central regions.
By 2030, studies on zoning off hi-tech agriculture areas will be conducted in Lào Cai, Phú Thọ, Sơn La, Hà Nội, Hải Phòng, Nghệ An, Bà Rịa-Vũng Tàu and Tiền Giang, among others, to reveal the impact of the programme. — VNS

Tags Quang Ninh high-tech agriculture

Long An builds investment policies to develop its international port into a logistics hub

Economy

Việt Nam stock market kicks off the final week of November with gains

Economy

Bắc Giang targets breakthrough economic growth and regional cooperation by 2025

Economy

Việt Nam named among the 30 largest export economies

Economy

Code of conduct issued for real estate brokers

Economy

Việt Nam, Bulgaria look toward to new heights in trade volume

More on this story

Economy

HCM City seeks to become logistics hub

HCM City is working on a logistics development strategy that would make the city a major logistics hub and reduce logistic costs to 16 per cent of Việt Nam's GDP in 2025.

Economy

Interest rates to be stable till year end

Interest rates in the domestic market are expected to remain stable until the end of the year, buoyed by good liquidity and proper credit growth, said Phạm Thanh Hà, director of the State Bank of Việt Nam (SBV)’s Monetary Policy Department.

Economy

Vietnam Opportunity Fund completely exits Vietjet

After three years, VOF earned $80 million in proceeds from dividend and sales proceeds with internal rate of return (IRR) of the investment being 86 per cent.

Economy

VN's growth strategy focus on market economy, technology

The country is set to make the transition to the modern market economy, to spur the development of science and technology, to unleash its private sector’s potential and to invest in education for younger generations.

Economy

VN stocks driven up by large-cap sector

Vietnamese shares advanced on Thursday as attention was shifted to banking, securities, technology and retail companies.

Economy

India’s import quotas harm local incense firms

India’s setting of quotas for Việt Nam’s incense stick exports to this country has caused domestic incense stick production and export enterprises to face bankruptcy.

Economy

Vietnam Reform and Development Forum opens in Hà Nội

A draft Vietnam Socio-Economic Development Strategy (SEDS) for 2021-2030 listed the country’s top objectives as to fully embrace a modern market economy that adheres to global norms and standards, to establish legal frameworks for new business models, the digital economy and protect the environment.