MARITIME ECONOMY

Reorganising Vietnam’s four sea and coastal areas proposed

TTXVN-VNA | 26-12-2016 | 16:36

Hanoi (VNA) - Unlike land-based economy, the marine economy offers open space and great potentials for further development, focusing on coastal area (coastal and inshore); maritime space; island and oceanic spaces. Coastal zone development will create a driving force to support the development of remote, midland and mountainous regions, and form the basis for the development of a strong and long-term marine economy.

This is the premise for the Marine Economic Strategy attached to sea national defense and security, in line with the trend of development of a sea country like Vietnam.

According to the analysis and evaluation of Dr. Hoang Ngoc Phong, Deputy Director of the Institute for Development Strategy under the Ministry of Planning and Investment: The coastal area is a "springboard" to head to the ocean, the rear to support activities at sea through the island economic centrers. Thus coastal areas have to create development hubs within the East Sea; marine economic corridors to entice not only local and neighborhood, but also deep into the inland and spreading out over the sea.

Accordingly, Dr. Hoang Ngoc Phong proposed reorganization of 4 sea and coastal areas of Vietnam, driven by the strategy for sustainable exploitation and use of natural resources and protection of the marine environment by 2020, with a vision to 2030. The areas include the northern coastal waters from Mong Cai to Ninh Binh; the north central sea and coastal areas, the central area from Thanh Hoa to Binh Thuan; southeast coastal waters from Ba Ria-Vung Tau to Ho Chi Minh City; and the southwest coastal waters from Tien Giang -Ca Mau to Ha Tien. /.