In a significant development aimed at bolstering biotechnological education and collaboration in Asian countries, India-based Federation of Asian Biotech Associations (FABA) has inked a Memorandum of Understanding (MoU) with Thu Dau Mot University in Vietnam.

This landmark agreement paves the way for the establishment of a FABA chapter in Vietnam, marking the organisation's commitment to expanding its presence and influence in Southeast Asia.

The new chapter at Thu Dau Mot University will focus on nurturing and leveraging local academic prowess to advance biotechnology research and development.

Prof. Reddanna, Executive President of FABA, highlighted the initiative’s strategic importance, stating, "This expansion into Vietnam is important for FABA as we aim to integrate the rich educational resources of Thu Dau Mot University with other established FABA chapters around the world and to foster a thriving biotech community."

The collaboration will include joint research projects, seminars, and workshops aimed at enhancing the educational landscape, promoting innovation and entrepreneurship and providing a platform for emerging biotech professionals in Vietnam. This initiative is expected to significantly contribute to the biotechnological prowess of the region.

FABA further extended its collaborative efforts by signing another MoU, this time with the Binh Duong Business Association (BDBA), Vietnam. This MoU is designed to strengthen business ties and promote collaborative ventures between Vietnam and India, particularly in the biotechnology and pharmaceutical sectors.

Through this strategic alliance, both organisations aim to unlock potential trade and investment opportunities, fostering economic growth and innovation in both Vietnam and India.