Tag: Marine economy

Vietnam must ensure that the country’s rapid trade growth is reflected in stronger national maritime capabilities.

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

A number of resolutions provide the backing for Vietnam’s marine spatial planning to focus on integrated governance of the marine economy’s many elements.

Vietnam Economic Times / VnEconomy presents a report from Dr. Nguyen Thanh Nghi, Member of the Politburo, Secretary of the Party Central Committee, and Chairman of the Central Commission for Policy and Strategy, on Resolution No. 20-NQ/TW on building and developing Vietnam into a strong maritime nation. (*)

The central province is expected to strengthen its role as a centre for the marine economy, international tourism and services, as well as a competitive gateway for trade.

The 2,870-ha development area, expanded from its original 600 ha, is expected to attract nearly 9 million tourists annually.

Key tasks including strict implementation of directives to combat IUU fishing.

Agriculture minister believes strict punishment of fishing violations is needed to encourage change.

Master plan to sustainably develop Vietnam’s coastal zone by enhancing the efficiency of resource management, exploitation, and utilization.

Ho Chi Minh City is to build the $6-billion Can Gio international transshipment “superport”, with more than 6.8 km of wharves capable of berthing the world’s largest vessels. The superport will have a throughput capacity of 10-15 million TEUs, or nearly three times higher than at the city’s Cat Lai Port, the country’s largest, to create breakthroughs in the development of its marine economy.

On June 28, speaking at the “Aspirations for a peaceful, sustainable, and prosperous ocean” videoconference, Prime Minister Pham Minh Chinh announced that Vietnam is committed to accelerating the implementation of solutions to develop the marine economy on the basis of green growth, biodiversity conservation, and restoration of the marine ecosystem. He affirmed that the country is ready to cooperate with the international community to resolve ocean challenges.

At a conference on the sustainable development of Vietnam’s marine economy in 2022, held on June 12, Head of the Party Central Committee's Economic Commission Tran Tuan Anh said the marine and coastal economy is becoming a dynamic driver of growth in Vietnam. According to the Directorate of Fisheries, the country’s sea areas hold many advantages and great potential, but the development of the marine economy still faces difficulties. It is therefore necessary to adopt reasonable policies for its sustainable development.