Dutch funding advances Vietnam’s biology-based economy
(VOV) -The Dutch organization BE-Basic has allocated a 3.05 million Euro grant to helping three Vietnamese projects on agricultural waste treatment, the environment, and bio-products over the 2013–2014 period.
Vietnam Academy of Science and Technology (VAST) Deputy Head Professor Nguyen Dinh Cong told an October 3 seminar Vietnam is rich in biological resources and should take advantage of its marine environment.
The Dutch-funded projects are expected to help Vietnam develop its biology-based economy through technology transfers and expert exchanges, he said.
According to Prof. Cong, the VAST proposed building a biology-based economy development strategy to the Government in 2009.
This funding is a breakthrough that needs to be consolidated by sufficient preparation and foreign consultation.
BE-Basic is a private-public organisation sourcing half of its budget from the Dutch Government and investors. It is seeking international partners in countries including Brazil, Malaysia, and Vietnam.