PM urges stronger development of sea-based economy
Updated : Friday, August 17, 2018 9:12 AM (GMT+0700)

PrimeMinister Nguyen Xuan Phuc has asked relevant ministries, sectors and localitiesto further promote marine potential and advantages, overcome shortcomings andadopt timely measures to turn Vietnam into a rich and strong country based onits maritime economy.

Prime Minister Nguyen Xuan Phuc speaks at the meeting - Source: VNA

PM Phuc made the requestwhile chairing a meeting on Vietnam’s Maritime Strategy in Hanoi on August 16,with the attendance of leaders from relevant ministries, sectors and coastalprovinces and cities.

A report presented byMinister of Natural Resources and Environment Tran Hong Ha and ideas put forthby participants showed that after years of implementing the maritime strategy,the sea-born economy has witnessed comprehensive development, while the livingconditions of residents in coastal areas have been improved.

Economic sectors such astourism, aquaculture, fishing, seafood processing and marine shipping haveenjoyed remarkable growth. Due attention has been paid to environmentalprotection.

However, the country isfacing a range of difficulties and challenges, especially those related tohuman resources, science-technology, integrated sea management and coordinationmechanism among ministries, sectors, localities and forces at sea.

Participants emphasized theneed to step up the synchronous implementation of the maritime strategy as thesea-based economy plays an important role in the development of the wholecountry as well as 28 coastal provinces and cities.

In 2007, the 10thParty Central Committee adopted Vietnam’s Maritime Strategy towards 2020 tofurther enhance a sea-based economy and protect national sovereignty overislands and seas. 

The strategy set out a goalthat sea-based economic sectors will make up 53-55 percent of the country’sgross domestic product (GDP) while per capita income in coastal areas is expectedto double the average of the whole country by 2020.


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