A melon cultivation model with the application of high technology in Phuoc Tien commune, Ninh Thuan province’s Bac Ai district. (Photo: VNA) Sydney (VNA) – With the right blend of focus, support and adaptability,Vietnam should represent an attractive growth opportunity for Australia's AgTechinnovators, according to director at Beanstalk Agtech and Global Program Lead for GRAFTVietnam Challenge 2021 Justin Ahmed.
He made the remark on September 30 at the launch of a report entitled“Accelerating AgTech: Australia’s opportunity in Vietnam” by Asialink BusinessCentre under the University of Melbourne and Beanstalk AgTech food andagriculture innovation agency.
Thereport, part of the Australia-Vietnam Enhanced Economic Engagement Grant (AVEG) pilot programme funded by the Department of Foreign Affairs and Trade (DFAT), identifies four key areas where Australian innovators can help Vietnam'sagricultural sector overcome challenges, which are sustainability, climate resilience,productivity, and food quality and safety.
Asagriculture has been a cornerstone of the Australia-Vietnam relationship, the report aimed to give specific analysis about the agricultural environments of thetwo countries, laying the foundation forcollaboration to drive innovation, address shared challenges, support ruraleconomies and enhance competitiveness.
RobertLaw, Directorof Research & Insights of Asialink Business, said Vietnam’s agriculturesector is rapidly transforming and poised for further growth.
One out of every three workers in Vietnam engages in the agricultural sector. The country’s agricultural sector generates more than 56billion USD per year through the export of rice, coffee and seafood, he said. However, the sector faces many shared challenges with Australiasuch as balancing cost and output with environmental impacts.
Smart agriculture technologies can offer alternates fortraditional labour and water-intensive production methods in both countries, hesaid, adding that Australia and Vietnam can share expertise and boost AgTechopportunities.
Accordingto Ahmed, to remain competitive, it was necessary for Vietnam to investin more efficient, high-quality and sustainable production./.
He made the remark on September 30 at the launch of a report entitled“Accelerating AgTech: Australia’s opportunity in Vietnam” by Asialink BusinessCentre under the University of Melbourne and Beanstalk AgTech food andagriculture innovation agency.
Thereport, part of the Australia-Vietnam Enhanced Economic Engagement Grant (AVEG) pilot programme funded by the Department of Foreign Affairs and Trade (DFAT), identifies four key areas where Australian innovators can help Vietnam'sagricultural sector overcome challenges, which are sustainability, climate resilience,productivity, and food quality and safety.
Asagriculture has been a cornerstone of the Australia-Vietnam relationship, the report aimed to give specific analysis about the agricultural environments of thetwo countries, laying the foundation forcollaboration to drive innovation, address shared challenges, support ruraleconomies and enhance competitiveness.
RobertLaw, Directorof Research & Insights of Asialink Business, said Vietnam’s agriculturesector is rapidly transforming and poised for further growth.
One out of every three workers in Vietnam engages in the agricultural sector. The country’s agricultural sector generates more than 56billion USD per year through the export of rice, coffee and seafood, he said. However, the sector faces many shared challenges with Australiasuch as balancing cost and output with environmental impacts.
Smart agriculture technologies can offer alternates fortraditional labour and water-intensive production methods in both countries, hesaid, adding that Australia and Vietnam can share expertise and boost AgTechopportunities.
Accordingto Ahmed, to remain competitive, it was necessary for Vietnam to investin more efficient, high-quality and sustainable production./.
VNA
