The Hanoi government has adopted many solutions to remove barriers to developing high-tech agriculture.

Accordingly, the city has funded enterprises, cooperatives, cooperative groups, farms, and households to process and preserve high-tech agricultural products.

Under the restructuring plan of Hanoi's agricultural sector, the city has spent over VND204 billion (US$8.8 million) to support the high-tech agriculture program and VND233 billion (US$10 million) for enterprises investing in agriculture and rural development. 

At the same time, the city has encouraged the application of high technology in the cultivation, breeding, processing, and trading of agricultural products because the application of high-tech in agriculture is inevitable for the capital's agricultural sector, especially in the face of the industrial revolution 4.0, which has a strong impact on socio-economic life.

High-tech mushroom production at Kinoko Thanh Cao Import-Export Co., Ltd. in Hanoi's suburban My Duc district. Photo: Nguyen Quang

Many agricultural models with high technology in Hanoi have achieved good economic value in line with the actual production situation. Duong Thi Thu Hue, Director of Kinoko Thanh Cao Import-Export Co., Ltd (Doc Tin Commune, My Duc District), said the company has 3,000 square meters of land for mushroom cultivation. The company has adopted Japanese technology and packaging production processes. It produces three tons of all kinds of mushrooms every day, supplying supermarkets and grocery stores all over the country with high annual sales.

Director of Lac Hoa Limited Company Truong Cao Son said that 70% of his investment in high-tech agriculture combined with the ecotourism business model in Tien Xuan Commune (Thach That District) came from a preferential loan of the city's agricultural extension fund. The money was used to build water supply canals and drainage systems.

Meanwhile, Le Van Lanh, Director of the Nam Phuong Tien Agricultural Cooperative (Nam Phuong Tien Commune, Chuong My District), received an 80% subsidy on the cost of seeds to grow organic pomelo with technology application in production.

Vu Thi Huong, Director of the Hanoi Agricultural Extension Center, said there are currently 164 models of high-tech agricultural production in the city. "The application of science and technology in agricultural production has created products that ensure quality, food safety, clear origin, high economic efficiency, and contribute to improving people's lives," Huong added.

Commenting on the support policies, Ta Van Tuong, Deputy Director of the Hanoi Department of Agriculture and Rural Development, said that despite the shortcomings, the policies have initially helped businesses overcome their capital shortage.

He suggested that businesses can seek support from the Vietnamese government with a VND100 trillion (US$4.3 billion) loan package for high-tech agriculture.

"As Hanoi targeted to have the proportion of high-tech agricultural products at 70% of the city's total, it is necessary to synchronize the deployment of high-tech solutions. In the coming period, the city will encourage the private sector in high-tech agriculture," Tuong said.

He noted that the city has issued a series of policies to promote agricultural development, including a one-time support of the loan interest rate for three years following the loan contract. This is an opportunity for cooperatives and enterprises to access policies when investing in high-tech agriculture.

In a broader move, Hanoi's agricultural sector continues to coordinate with localities to strengthen human resources training for high-tech agricultural development, create a driving force to attract enterprises to invest in the agricultural sector, and ensure farmers' livelihoods, Tuong stressed.