A workshop seeking cooperation opportunities and development of a blue economy in the seas of East Asia was held within the framework of the 5th East Asian Seas Congress in Da Nang from Nov 16-21.
Da Nang (VNA) – A workshop seeking cooperation opportunities and development of a blue economy in the seas of East Asia was held within the framework of the 5th East Asian Seas (EAS) Congress in the central city of Da Nang from November 16-21.
Themed “Blue economy for business: Building an East Asian seas sustainable business network”, it was co-organised by the Partnerships in Environmental Management for the Seas of East Asia (PEMSEA) and the host Vietnam.
East Asia is seen as an important centre of marine business activities but regional companies are facing numerous environmental issues impacting their coastal and marine operations, such as overfishing, loss of coastlines, pollution, sea-level rise and shifting weather patterns.
Therefore, sustainable development has become a strategic consideration for the companies looking to position themselves competitively in a growing blue economy.
PEMSEA, which has 20 years of experience in integrated coastal management (ICM) and working as a bridge connecting regional governments, stands ready to help the companies map out important directions on the process.
Developing a blue economy is defined as a potential opportunity for emerging markets and competitive advantage through sustainable development, workshop participants heard, getting updated about information on the development of a blue economy in East Asia.
Representatives from c ompanies operating in various industries , inc🌱luding o il and g as, f isheries -a quaculture and e nvironmental s ▨ervices deliberated cooperation opportunities and sustainable development in the East Asian seas.
Meanwhile, panelists identif ied cross-industry risks, opportunities and areas for collaboration along with potential actions for industry insiders to engage with the government ’s efforts to develop blue economy.
They also explored the new East Asian Seas Sustainable Business Network and its role in developing blue economy in the region.
Many of the delegates held that the East Asian Seas Sustainable Business Network might become an active community gathering advanced companies and i💦nvestors who are interested in building a blue economy in East Asia through the protection, restoration, preservation and sustainable u🃏se of oceans and coasts.-VNA
A Vietnam has called for joint efforts to maintain the seas of East Asia as an environment of peace and stability, promote the enforcement of international laws, and ensure maritime safety.
Workshops on issues related to climate change risk management, integrated coastal management and scaling up investments in the blue economy was held on Nov. 17 as part of the East Asian Seas Congress.
A workshop on "Maritime sector’s contributions to a blue economy for the seas of East Asia” was organised in the central city of Da Nang on November 18.
Vietnam has shared its experience in oil spill preparedness and response, highlighting the importance of developing oil spill contingency plans at provincial and local levels.
Good practices and barriers in implementing integrated coastal management (ICM) in Vietnam were discussed at a forum held in the central city of Da Nang on November 19.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
(Photo: pemsea.org)
