Meeting charts course for sustainable marine economy
Deputy Prime Minister Tran Hong Ha chaired the first meeting of the National Steering Committee on the implementation of the Strategy for Sustainable Development of Vietnam's Marine Economy till 2030, with a vision to 2045.
Hanoi (VNA) – Deputy Prime MinisterTran Hong Ha chaired the first meeting of the NationalSteering Committee on the implementation of theStrategy for Sustainable Development of Vietnam's Marine Economy till 2030, with a vision to 2045.
The virtual and in-person meeting connected with officials from 28 centrally-run coastal cities and provinces.
Speaking at the event, DeputyPM Ha highlighted a need to develop a set of indicators to evaluate whatconstitutes a strong and sustainable maritime nation where maritime economicsectors are competitive and there are shifts in awareness and policies relatedto investment, finance, environment and resource allocation.
The committee was asked tourgently complete the national marine spatial planning and a master plan on thesustainable exploitation and use of coastal resources. Additionally, developingmetrics for evaluating programmes,projects and tasks outlined in the strategy is crucial.
Minister of Natural Resources and EnvironmentDang Quoc Khanh reported positive developments since the strategy's inceptionfive years ago. The gross regional domestic product (GRDP) of coastal provinces reached 4,786 trillion VND (199.4 million USD) in 2022, or 49.8% of the country's GDP.
Atpresent, there are 110 seaports nationwide with a total capacity of over 328.6million tonnes. As many as 19coastal economic zones are included in the approved master plan, attracting 553foreign-invested projects worth 54.36 billion USD and 1,604 domestic projects valuedat 1.37 quadrillion VND (57 billion USD).
Vice Chairman of the Quang Ninh provincial People'sCommittee Nguyen Xuan Cuong suggested abroader and more thorough assessment of the tasks related to the establishmentof a marine economic framework.
Meanwhile,Vice Chairman of the Da Nang municipal People’s Committee Ho Ky Minh admited challenges in ensuring the quality of inputdata for the implementation of marine economic projects that match the localpotential and advantages, such as in energy and logistics sectors./.
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.
The Van Phong Economic Zone in the south-central province of Khanh Hoa is expected to become a national marine economy centre, home to seaports, urban areas, airports, and casinos in accordance with a Prime Ministerial Decision approving revisions to economic zone general planning to 2040 and vision to 2050.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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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.
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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.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
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.
Illustrative image (Photo: VNA) 
