Investment

Vietnam boasts vast marine biological resources but driving the seafood industry forward will depend on increasing added value.

At the 48th Meeting of ASEAN Ministers on Agriculture and Forestry (AMAF), Vietnam proposed three priorities, including enhancing food security and the resilience of agricultural supply chains, and fostering innovation.

Norwegian Ambassador to Vietnam, H.E. Stein Iversen, spoke with Nhu Quynh during the Nordic Business Summit 2026 in Ho Chi Minh City on October 29, where business leaders and policymakers discussed opportunities to strengthen economic cooperation between Vietnam and the Nordic countries, particularly following the signing of the Vietnam-EFTA Free Trade Agreement.

Maintaining domestic extraction output, boosting oil and gas exploration abroad, and developing gas-electric chains, LNG, and new energy sources are strategic directions identified by Petrovietnam to ensure growth, energy security, and achieve emission reduction goals.

Vietnam’s favourable conditions for expanding clean energy sources, however, the energy transition still faces significant challenges.

The Van Phong Special Economic Zone is envisioned as an international maritime transshipment hub, a center for energy and marine industries, and a high-end coastal tourism destination.