As synthetic biology transitions from the laboratory to industrialization, its transformative impact on traditional industries is being redefined. This technology can not only reshape the production logic in the fields of medicine and energy, but also demonstrate the potential of biological manufacturing in scenarios such as agriculture and materials. According to relevant data, in 2024, the global synthetic biology market value has reached 16 billion US dollars. In the past five years, the global synthetic biology industry has developed rapidly and has achieved an average annual growth rate of 27%. 

In this wave, transnational cooperation is making the industrial path of synthetic biology increasingly clear. Recently, the GELEXIMCO Group, Vietnam National University of Agriculture, and Synceres Biosciences (Shenzhen) Co., Ltd. officially signed a strategic cooperation.
The three parties will jointly build a joint venture in Vietnam, focusing on the research, development, and mass production of synthetic biological products such as Decoyinine, Jasmonates, and L-Astaxanthin. These products will serve the agriculture and aquaculture industries, promoting sustainable agricultural development with synthetic biotechnology.

▲On August 5, 2025, in Hanoi, Vietnam, GELEXIMCO Group, Synceres Biosciences (Shenzhen) Co., Ltd., and Vietnam National University of Agriculture (VNUA) gathered to sign a strategic partnership agreement, marking the establishment of a new joint venture.
In attendance from Synceres were Zhou Xibin, General Manager, and Luo Xiaozhou, Chief Scientist.

Hundred-billion Market Prospect: The GELEXIMCO Group keenly enters the game
It is reported that the Vietnamese agricultural market is huge, with its total agricultural output value reaching approximately 50 billion U.S. dollars in 2024, and the demand for green agricultural biological inputs continues to rise.
Synceres' product strategy is fundamentally driven by localized application needs. Its portfolio directly addresses the specific needs of ASEAN's tropical agriculture:
• Jasmonates enables precise regulation of fruit ripening cycles.
• Decoyinine supports Southeast Asia's "fertilizer reduction" policies.
• L-Astaxanthin meets the demand for quality enhancement in Vietnam's aquaculture sector.
 

This approach of "technological innovation + scenario adaptation" strengthens innovation ties between China and Vietnam and promotes the development of sustainable agriculture. By directly addressing the core needs of food security and ecological protection in Vietnam and the wider ASEAN region, this synergy has given GELEXIMCO Group strong confidence in the partnership's potential to rapidly capture market share.

Harnessing Synergy: A Powerhouse Partnership
This trilateral partnership moves beyond commerce, strengthens innovation ties between China and Vietnam and promotes the development of sustainable agriculture.
The collaboration will equip Vietnam’s agriculture with advanced biotech solutions, boosting its market competitiveness while creating a gateway for Chinese synthetic biology expansion into ASEAN markets.
Socially, it accelerates Vietnam’s shift toward green farming, leveraging AI and bio-based products to reduce pesticide use and improve fertilizer efficiency.
Synceres contributes key products like Decoyinine, Jasmonates, and L-Astaxanthin for agriculture and aquaculture, alongside mass production capabilities for beauty ingredients such as squalane. This is also the technical reason that the GELEXIMCO Group values most in its layout of synthetic biology agriculture.
Through this partnership, Synceres aims to deepen its footprint in Vietnam and gather experience for broader expansion in the ASEAN region.