Priority will be given to projects that aim to improve the local marine economy by developing renewable energy, coastal tourism and marine services.

A green economy and finance are key drivers for regional prosperity but also contribute to development, Director of the Vietnam Agency of Seas and Islands (VASI) under the Ministry of Natural Resources and Environment Nguyen Duc Toan stated November 6 in his address at the East Asia Seas Congress 2024 in Xiamen city, China.

Prime Minister Pham Minh Chinh chaired a meeting with leaders of ministries and agencies in Hanoi on September 16 to thoroughly review the implementation of Resolution No. 36-NQ/TW on the strategy for sustainable development of Vietnam's marine economy by 2030, with a vision to 2045, as well as other key contents outlined in the 13th National Party Congress’s Resolution.

Southern localities have made numerous strategies toward stable and sustainable marine economic development so as to make the most of their advantages related to aquaculture, tourism, seaport and oil and gas exploitation.

Vessels 264 and 265 together with a delegation of Naval Region 5 of the Vietnam People’s Navy led by Col. Trinh Xuan Tung, Deputy Commander and Chief of the Staff of the region, paid a visit to the High Command of Naval Region 2 of the Royal Thai Navy from November 30 to December 3.

President Vo Van Thuong urged Quang Ninh to become a dynamic and comprehensive centre, an international tourism and marine economy hub, and the gateway of the northern key economic region and the whole country, while attending a ceremony celebrating the 60th anniversary of the northeastern province on October 28.

Prime Minister Pham Minh Chinh had a meeting with the Standing Board of the Tra Vinh provincial Party Committee on October 15, asking the Mekong Delta province to strive for breakthrough and sustainable development based on five pillars.

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.

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.