Australian Agencies Support Vietnamese Bizs to Develop Hi-tech Agriculture

The Asialink Business Center, under Australia’s Melbourne University, and Beanstalk, Australia-based agriculture and food innovation agency, will co-launch a new project to support Vietnamese businesses in the field of hi-tech agriculture, state media reported. The project is under the framework of the Australia-Vietnam Enhanced Economic Engagement Grant (AVEG) Pilot Program led by the Australian Department of Foreign Affairs and Trade (DFAT). It aims to equip Vietnamese agricultural producers with information and insights about the global consumption landscape and emerging trends. Through the project, Asialink and Beanstalk will promote and realize the GRAFT Challenge Vietnam 2021, which was co-hosted by the Vietnam Digital Agriculture Association (VIDA), the Vietnam National Supporting Center for Youth’s Startup (SYS), and MIB Innovation, to promote innovation and investment in Vietnam’s agricultural technology. Earlier on July 1, Australian Minister of Trade, Tourism and Investment Dan Tehan said that the Australian government granted the fund of AUD 2.5 million ($2 million) to 28 small-scale projects to create economic opportunities and strengthen cooperation between Australian and Vietnamese businesses in many areas, including agriculture, via the AVEG program. (BNews, Vietnam Plus)