Vietnamplus

The Vietnam Socio-Economic Forum 2023, themed “Reinforcing internal capacity, generating drivers for growth and sustainable development”, wrapped up in Hanoi on September 19.

Khanh Hoa province always welcomes and supports foreign enterprises and investors, including those from Canada, so that they can gain success in doing business in the locality, Nguyen Khac Toan, Chairman of the provincial People’s Council has said.

An international transit terminal project worth nearly 5.5 billion USD is expected to be built in Can Gio district of Ho Chi Minh City, creating breakthroughs for the marine economy of the city, the southeastern region, and Vietnam as a whole.

Localities in the Mekong Delta region are working hard to increase their urban areas’ adaptability to climate change, and boost urban development to green and sustainable direction.

Ambassador Nguyen Hong Thao, the first Vietnamese to be elected to the International Law Commission and who is now serving his second term in the commission for the 2023-2027 tenure, has written an article looking back on 30 years’ implementation of Vietnam Marine Strategy.

A national marine spatial master plan is being developed, aiming to fuel the sustainable development of marine economic clusters and establish sea-based economic hubs by 2030.

The uneven and unsustainable development of different economic sectors and localities is a bottleneck that is hindering the overall development of the Hong (Red) River Delta.

The southernmost province of Ca Mau is working to fully tap its potential to successfully implement socio-economic development goals and promote rapid and sustainable development.

Appropriate policies and regulations are needed to help fully exploit the untapped potential in developing the maritime economy, which plays an essential role in the socio-economic development of Vietnam, according to insiders.

A forum on Vietnam’s sustainable marine economic development took place in the south central coastal province of Phu Yen on June 12.

With a 65-km long coastline running through three districts and a special economic zone (SEAZ) of nearly 20,000 sq.km, the southern province of Ben Tre has advantages for developing the sea-based economy.

The central southern province of Ninh Thuan has been focusing on developing its marine economy in a comprehensive, sustainable, and modern manner.

The south central province of Ninh Thuan boasts favourable conditions to attract investment in marine economy and coastal industries, as it is one of Vietnam’s major fishing grounds with a coastline stretching 105 km.

Raising mussels for pearls could be a promising industry in Vietnam, thanks to favourable weather conditions, long coastlines and warm seas, said the Standing Vice Chairman of Vietnam Fishery Association Nguyen Chu Hoi.

Deputies to the National Assembly have proposed structural transformation of the marine economy, towards sea-based urban development.

Marine economy and urban areas would be a new development engine of Ho Chi Minh City, experts have said.

The sea and marine economy play an increasingly important role today in Vietnam’s socio-economic development and also national security. In order to manage and exploit the advantageous resources of the sea, the 12th Party Central Committee issued Resolution 36 on the strategy for the sustainable development of Vietnam’s marine economy by 2030 and vision to 2045.

The Mekong Delta province of Tien Giang plans to expand rotation cultivation models for rice and other crops in its eastern area in an aim to improve productivity and cope with natural disasters, its Department of Agriculture and Rural Development has said.

The marine economy has become key to Vietnam's economic structure and exploitation of the country's seas and islands has created a new driving force for development amid deep international integration, experts have said.

With a 192km-long coastline and 52,000sq.km fishing ground, the south central province of Binh Thuan has great potential for marine economy development. The locality, with largest titanium reserve, has also implemented many tourism, energy and industrial projects.