Vietnam spends VND600 billion each year to develop technology for agricultural production, of which VND300 billion, or $15 million, is spent on research and development (R&D), or one-tenth of Thailand’s.

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The massive development of green and net houses in the hi-tech agriculture movement has caused serious consequences to the environment. Greeneries are being replaced by glasshouses.

VietNamNet Bridge - An ecosystem for organic agriculture is taking shape in Vietnam, helping ease  difficulties for startups in the field.

Many large corporations in different business fields have rushed to pour capital into agriculture to seek a new driving force for their growth. But not all of them have been successful.

VietNamNet Bridge - Hi-tech agricultural production requires huge capital and long-term investments, while the risks are high and the policies are not encouraging.

IoT and blockchain application in agricultural production in Vietnam remains modest, while other high technologies are used by only 10 percent of Vietnam’s agricultural production workforce.

One consultant predicts that 70 percent of manufacturers would apply digital transformation by 2020, and that the application would help enterprises increase their turnover by 30 percent.

Local authorities throughout the country have been moving ahead with land accumulation models. However, the concentrated land areas remain modest compared with the localities’ potential and needs.

VietNamNet Bridge - Da Lat, located 1,500 meters above sea level on Langbian Plateau, has attracted agriculture investors from Japan, Singapore and South Korea who are growing vegetables, flowers and strawberries.

VietNamNet Bridge - An agronomist has invented a smart device which controls the cultivation process, provides what plants need, and give warnings and advice to farmers. 

VietNamNet Bridge - Accurate forecasts about rice and crop yields, as well as better monitoring of floods and natural calamities are needed to help policymakers come up with good solutions for agricultural production.

Hi-tech agriculture has been riding a new wave of investment in recent years, with the Government viewing technology as key to restructuring the sector, achieving food security and improving produce quality.

VietNamNet Bridge - Wood vinegar, or Pyroligneous acid, has long-term effects and no negative impact on the environment.

High-tech agriculture is a key direction for economic development. A credit package of US$4.4 million for high-tech and clean agriculture is considered a nudge for agricultural enterprises to expand production. 

In a house on a small stone-paved alley, a three-year-old girl nicknamed Nhan Thien (Human Heaven) sits next to a slim, Buddhist nun, selecting seeds to grow vegetables.

VietNamNet Bridge - VietNamNet Bridge - The government has promised to provide loans to support the development of hi-tech agriculture, but farmers say bank loans are still out of reach.

VietNamNet Bridge - Encouraged by the government’s promise to give support in land and capital, especially the VND100 trillion credit package announced in early 2017, many investors want to pour money into hi-tech agriculture. 

VietNamNet Bridge - Many apps have been developed for intelligent farming which aim to change the way farmers work.

In 2016, when agriculture suffered from drought, low production and low yield, which led to a negative growth rate, the lowest since 2011, experts said that Vietnam’s agriculture needed critical reform.