“The blue economy scenarios for Vietnam” report launched
Scenarios for Vietnam’s maritime economy are outlined in a report launched at a ceremony jointly held by the Vietnam Administration of Seas and Islands at the Ministry of Natural Resources and Environment and the UN Development Programme (UNDP) in Hanoi on May 12.
Hanoi (VNA) – Scenarios for Vietnam’smaritime economy are outlined in a report launched at a ceremony jointly heldby the Vietnam Administration of Seas and Islands at the Ministry of NaturalResources and Environment and the UN Development Programme (UNDP) in Hanoi onMay 12.
“The blue economy scenarios for Vietnam” report coversthe six major sectors of fishery, renewable energy, oil and gas, tourism,transport, environment, and eco-system.
UNDP Resident Representative in Vietnam CaitlinWiesen said Vietnam has huge potential for aquaculture, marine renewableenergy, especially offshore wind, biodiversity ecosystem services and tourism.
At the launching ceremony of the report (Photo: VNA)
She suggested the country speed up maritime spatialplanning and roll out policies to make use of the potential.
Research studies show that blue scenarios bringabout higher interests than basic ones in terms of GDP contributions byeconomic sectors.
Ta Dinh Thi, Vice Chairman of the NationalAssembly's Committee on Science, Technology and Environment, said the report isvaluable for managers, policymakers, scientists and those who are interested inthis sphere.
Vietnam’s 28 coastal cities and provinces accountfor more than 50 percent of the national population, and make up to 60percent to the national GDP.
Given impacts of the COVID-19 pandemic, the coastal and sea-basedeconomic sectors have played an increasingly important role in recovering socio-economicactivities and spurring the country’s economic growth.
The report also offers recommendations to promotethe maritime economy in Vietnam./.
The Vietnam Administration of Sea and Islands (VASI) at the Ministry of Natural Resources and Environment and the World Bank have jointly held a virtual consultation workshop on the building of a Blue Economy partnership group.
To successfully carry out the strategy for sustainable development of Vietnam’s maritime economy, due attention is needed to science - technology, overhaul of relevant laws and policies, and enhancement of international cooperation, according to experts.
The Ministry of Natural Resources and Environment has assigned the Vietnam Administration of Seas and Islands (VASI) to work on building a blue sea economy partnership group to carry out a sustainable development strategy for Vietnam’s maritime economy to 2030, with a vision to 2045.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
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.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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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.
Illustrative image (Source: VNA) 
At the launching ceremony of the report (Photo: VNA) 
