Vietnam learns from Norway’s experience in marine economic development hinh anh 1Illustrative image (Source: VNA)
Norway’s experience in sea-based economic development as well as cooperation opportunities between Vietnam and the country in this area were the main topics of a seminar in Hanoi on October 20.

Speaking at the event, Deputy Minister of Foreign Affairs Bui Thanh Son confirmed that Vietnam is keen to enhance international collaboration in maritime economy.

Vietnam and Norway boast substantial potential and opportunities for economic cooperation, he noted.

The Deputy PM stressed the urgent need for Vietnam to raise its competitive edge while boosting sustainable maritime economic development in the context that the industry has become one of the trends that dominate the global economy.

Secretary State of the Norwegian Ministry of Trade, Industry and Fisheries Dilek Ayhan said maritime economy is among priorities of the Norway-Vietnam cooperation.

He voiced his hope that the two countries will conduct more practical activities to strengthen their collaboration in this field.

Prof. Torger Reve from the BI Norwegian Business School shared his country’s experience in the management and administration of sea-based economy as well as scientific and technological research and application in order to increase the industry’s competitiveness.

The encouragement of business start-up spirit and innovations is crucial to sea-based economic development, he said.

Reve added that Norway is one of the first countries worldwide that have invested in building maritime industrial complexes of international standards and the Global Maritime Knowledge Hub.

Delegates at the event also discussed ways to raise the competitiveness of Vietnam’s maritime economic sectors and lure more investment in the industry as well as how to develop maritime economy in harmony with environmental protection.-VNA