Vietnam strives to become strong sea-based country

TTXVN-VNA | 30-12-2016 | 15:35 |

Ha Long Bay, a popular destination in Vietnam (Photo: VNA)

Hanoi (VNA) – Vietnam, in its marine economy strategy by 2020, strive to become a strong country in marine economy and get rich from the sea while firmly safeguard the national sea sovereignty serving its national development.

It plans to have policies to attract all resources for marine economic development while building major economic centers in coastal areas in combination with marine economic development activities.

By 2020, the marine economy is expected to contribute up to 53-55 percent of the country’s gross domestic product (GDP) and 55-60 percent of exports as well as significantly improve the living conditions of people in coastal areas.


Vietnam is assessed to be a country rich in sea and island resources as it boasts a coastline of 3,260 kilometres and more than 3,000 near-shore islands and two offshore archipelagos namely Hoang Sa (Paracel) and Truong Sa (Spratly). Its maritime zones and continental shelf cover more than one million sq.km, three-fold larger than the land area.


Vietnam is also one of the world’s ten countries with the highest rate in terms of the length of coast over the land area with 100 sq.km of land per one kilometre of coast, six times higher than the average level of the world.


Vietnam looks to the sea in three directions – east, south and southwest, offering great conditions for international sea trade. The country has 28 coastal provinces and cities, accounting for 42 percent of land area and 45 percent of population.


Vietnam’s seas and islands are very rich in natural resources, which are important for Vietnam’s development.


Concerning the resource of sea creatures, around 11,000 species have been identified living in over 20 ecosystems in six different biodiversity regions. About 1,300 species have been found on islands.


About the non-creature natural resources, 35 minerals with different reserves in the groups of fuel, metal, building material, precious and semi-precious stone, liquid mineral, have been spotted.


The Gulf of Tokin and the Gulf of Thailand, Truong Sa and Hoang Sa archipelagoes and the continental shelf are places with high potential of oil and gas. Vietnam’s oil and gas exploitation has been conducted in six fields in the southern continental shelf, with crude oil production increasing 30 percent.


Vietnam’s sea also has potential in burning ice – a new form of energy, sea water, tidal flats, coastal wetland ecosystem, wind energy and tide.


In terms of geographical location, Vietnam holds an important geo-political position in the East Sea and the world as well as on the large trade route from the Indian Ocean to the Pacific Ocean, making it possible for the country to develop big seaports, which in turn entail the development of urban areas that would eventually act as important development centres changing Vietnam’s economic map.


Vietnam has signed agreements on sea transport with more than 20 countries and developed over 160 ports and nearly 350 wharves with a total length of 44,000m and 15 coastal economic zones.


The country has completed infrastructure for the development of the maritime sector while forming a chain of deep seaports in Cai Lan, Lach Huyen, Nghi Son, Son Duong, Vung Ang, Lien Chieu, Dung Quat, Van Phong, Cai Mep and Thi Vai.

These potential and advantages have been helping develop the marine economy, which now contributes 48 percent of the country’s GDP.


Seas and islands now play a key role in the industrialisation and modernisation of Vietnam’s economy. However, the excessive exploitation sea and island resources has greatly impacted the national economic development and the livelihoods of coastal communities.

Vietnam’s coastal areas are facing negative impacts of climate change like land loss due to rising sea level and salt intrusion./.

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