Minister of Industry and Trade Tran Tuan Anh (Photo VNA)
Hanoi (VNA) – Minister ofIndustry and Trade Tran Tuan Anh hasapproved a plan to develop Vietnam’s maritime industry and trade to 2025, witha vision to 2035.
Accordingly, the industry will be animportant economic sector of the country with high and stable growth, contributingto shifting the maritime economic structure towards industrialisation, modernisationand high-quality service and commerce.
The total average growth of industrial production value in coastal areas is aimedto reach 9.0-9.5 percent/year in 2016-2020, and between 10.5-11.0 percent/yearin the period of 2021-2025.
The project defined an orientation for developing potential sectors such as coalmining and processing, oil and gas, chemicals, thermal power and renewableenergy production, mechanics, metallurgy, and aquatic product processing.
Special priority will be given to the development of products with highcompetitiveness, those in global production chains in the fields of mechanics, electricity,chemicals.
Attention will also be paid to promoting export-import activities through internationalcooperation programmes, and developing modern commerce forms to expand export markets.
Logistics systems, wholesale markets of aquatic and farm products, as well asmaritime transshipment and warehouse centres will be upgraded and constructedto meet the demand of internal and external goods transport.-VNA
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
Minister of Industry and Trade Tran Tuan Anh (Photo VNA) 
