Da Nang eyes becoming national maritime economy hub

Da Nang is among 28 coastal cities and provinces with deep-water ports that favour the growth of a maritime economy.
Da Nang eyes becoming national maritime economy hub ảnh 1Tien Sa Port in Da Nang city (Photo: qdnd.vn)

Da Nang (VNA) -
Da Nang is among 28 coastalcities and provinces with deep-water ports that favour the growth of a maritimeeconomy.

The central city has adopted various policies andsolutions to manage, protect, and optimise its marine potential and strengths ina sustainable manner.

To encourage local fishermen to continue to head outto sea and to ease pressure on inshore fishing, the city issued a decision in2012 with policies on building new vessels, according to the city’s Departmentof Agriculture and Rural Development.

Apart from financial support ranging from 500 millionVND (21,400 USD) to 800 million VND per a new ship, the city has exemptedregistration fees for boat owners.

With such incentives, 184 boats valued at more than120 billion VND and with a capacity of at least 400CV were churned out between2012 and the end of 2019, raising the total number of fishing boats in the cityto over 1,250 with a combined capacity of 381,508 CV.

Da Nang has also helped fishermen with productpreservation, job transfers, and modern equipment.

Its annual seafood catches are estimated at 38,500 to 43,000tonnes, worth from 1.5 trillion VND to 1.75 trillion VND.

At the same time, the city has invested in fisherylogistics as it looks to become a fisheries centre in the central region.

The 62-ha Tho Quang Port, which comprises a fishingport, a wholesale market, and a shelter for vessels, was built at an investmentof 180 billion VND during the 2004-2010 period, said Nguyen Lai, Deputy Head ofthe Tho Quang Port Management Board.

It caters to more than 19,000 boats and over 100,000tonnes of seafood each year, he said, adding that the Ministry of Agricultureand Rural Development and Da Nang have jointly launched a 217.5 billion VNDproject on upgrading and expanding the port.

The port is expected to help boost fisheries in DaNang and the central region in general.

In implementing Politburo Resolution No. 43-NQ/TW datedJanuary 24, 2019 on the development and building of Da Nang by 2030 and visiontowards 2045, the city’s Party Committee has rolled out a thematic programme onlogistics and seaport development, turning the city into a national maritimeeconomic hub, said Secretary of the municipal Party Committee Truong QuangNghia.

Under this, Da Nang will promote logistics that matchits potential and strengths to enhance the production and competitiveness ofbusinesses in the sector and effectively implement logistics services in the East-WestEconomic Corridor towards high added value, professionalism, and modernity.

It will also pay attention to transport infrastructuredevelopment and the application of information technology (IT), e-commerce, andthe digital economy.

By 2020, local logistics centres are set to handle 25percent of cargo in the city, 30 percent by 2025, 34.5 percent by 2030, and 50percent by 2045.

To that end, Da Nang will upgrade its internationalairport, aiming to serve 28-30 million passengers and 200,000 tonnes of cargoper year by 2030, and turn Da Nang Seaport into a national facility. It willalso consider turning Lien Chieu Port into an exclusive facility for cargo andcontainers.

Regarding sustainable maritime economic development,Vice Chairman of the Da Nang City People’s Committee Ho Ky Minh said that apartfrom investment in maritime tourism and services, the city will focus on majorsectors like navigation, fisheries, and renewable energy.

It will mobilise all resources to build the Da Nang Portcluster into a large and modern cluster and a port centre in the central regionthat meets regional standards, improve the capacity of its ports, developvessel fleets, raise service standards, and intensively join transport supplychains.

It will increase hi-tech applications in fishingmethods, step up offshore fishing and connectivity in this regard, develop industriesbased on marine biodiversity, and promote wind and solar power and other typesof renewable energy in service of sustainable maritime economic development./.
VNA

See more

Prime Minister Pham Minh Chinh visits a macadamia cultivation model in Huoi Tao B village, Pu Nhi commune, Dien Bien province on March 8. (Photo: VNA)

PM requests boosting agricultural development in Northwestern region

PM Chinh encouraged local residents to explore additional crops and livestock suitable for intercropping in order to maximise land use efficiency. Farmers were also urged to strengthen cooperation with one another and with businesses by joining cooperatives, consolidating land resources and working together to expand production and improve incomes.

Farmers in the Mekong Delta province of An Giang harvest rice grown under the project 'Sustainable Development of One Million Hectares of High-Quality, Low-Emission Rice Associated with Green Growth in the Mekong Delta by 2030.' (Photo: VNA)

Promoting high-quality rice exports amid mounting challenges

According to the Ministry of Agriculture and Environment (MAE), an estimated 600,000 tonnes of rice worth 370 million USD was exported in January, up 12.4% in volume and 16.9% in value year-on-year. The average export price reached 616.6 USD per tonne, up 4%.

Fuel supply in Hanoi remains stable. (Photo: VNA)

Fuel prices rise sharply from 3 pm on March 7

Since the beginning of this year, domestic fuel prices have undergone 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, while diesel oil two falls and nine hikes.

Customers buy and sell fuel at a Petrolimex petrol station. (Photo: VNA)

Capital’s fuel market remains stable after March 5 price adjustment

Operations at several petrol stations across Hanoi have run normally. Along major routes, petrol stations remained open and continued to serve customers as usual. The number of vehicles refueling showed no major changes compared to the days before the price adjustment. Sales activities continued without interruption, and there were no long queues or supply disruptions.

Thang Long II Industrial Park in Hung Yen province. (Photo: VNA)

Green industrial parks draw FDI to northern Vietnam

From 2026, the industrial real estate market in the northern region is forecast to enter a new growth phase as strategic infrastructure projects near completion, supply expands, and green industrial parks become a decisive factor for foreign direct investment (FDI).

Border guards from Thanh Hai Border Guard Station patrol fishing vessels entering Phu Hai port in Phu Thuy ward, Lam Dong province. (Photo: VNA)

Lam Dong orders swift action to address IUU fishing gaps

Vice Chairman of the provincial People’s Committee Le Trong Yen has directed heads of relevant departments, sectors and localities to strictly implement directives and newly issued regulations on IUU prevention, while strengthening public awareness efforts so fishermen and businesses better understand and comply with the rules.

Permanent Deputy Prime Minister Nguyen Hoa Binh speaks at the meeting to review the development strategy and operational framework for the international financial centre. (Photo: VNA)

Deputy PM urges early establishment of trading platforms at Int’l Financial Centre

Chairing a meeting in Hanoi on March 6 to review the development strategy and operational framework for the international financial centre, Binh acknowledged the progress made by relevant ministries and localities in a short period of time. However, he noted that current efforts have largely focused on building the organisational structure and legal framework.

Regza Vietnam Electronics Co., Ltd. (fully invested by Taiwan, China) installs four modern production lines in 2024. (Photo: VNA)

FDI disbursement in Jan–Feb reaches five-year high

The NSO noted that the Republic of Korea (RoK) and Singapore were the largest investors during the period, each registering over 1 billion USD in newly committed capital, accounting for a significant share of total foreign investment inflows into Vietnam.

Rising geopolitical tensions in the Middle East on Vietnam’s economy under the baseline scenario is expected to remain limited. (Photo: VNA)

Middle East tensions likely to have moderate impact on Vietnam’s economy: VinaCapital

According to Michael Kokalari, Director of Macroeconomic Analysis and Market Research at VinaCapital, the conflict is unlikely to significantly affect Vietnam. Exports to the Middle East account for less than 3% of Vietnam’s total export turnover, while the likelihood of a large-scale and prolonged ground campaign in Iran is considered relatively low.

VinFast has signed a strategic partnership with six electric motorbike dealers in Indonesia, marking a new step in expanding its distribution network in one of the region’s and the world’s largest motorcycle markets. (Photo: VNA)

VinFast partners with six e-scooter dealers in Indonesia

In preparation for the launch of its electric scooters in Q2/2026, VinFast has signed additional MoUs with six dealers, including PT. IB Motor, PT. Sentrik, PT. Axara Marani, PT. Sukses Sejati Indonesia, PT. Tangguh Inti Motor, and PT. Kiki Motor Persada. These partners are distributors with strong experience in key markets and share a common direction toward green mobility solutions.

Fishermen at Dong Tac fishing port in Phu Yen ward, Dak Lak province prepare to head back to sea after the storm (Photo: VNA)

Dak Lak reviews fishing vessel fleet, steps up fight against IUU fishing

Local authorities are focusing on managing registered fishing vessels and reviewing all records and data related to fishing, purchasing and processing seafood. Violations related to IUU fishing are being strictly handled under the principle of “facing the problem, not avoiding it”.