Party General Secretary and State President To Lam has requesting the development of Viet Nam's maritime industry into a strategic industrial foundation serving the country's goal of becoming a strong coastal nation, saying the sector must underpin the marine economy, safeguard national defence and security, and strengthen strategic autonomy.

Resolution No. 36-NQ/TW, dated October 22, 2018, issued by the 12th Party Central Committee on the strategy for the sustainable development of Viet Nam's marine economy to 2030, with a vision to 2045, sets the goal of making Viet Nam a strong, prosperous, and sustainable maritime nation by fully harnessing its marine potential and advantages.

The development of the marine economy has been identified by Ninh Binh province as one of the important driving forces to promote growth and enhance the competitiveness of the economy. Based on this orientation, the province has focused on implementing many solutions to effectively exploit the potential and advantages of the sea, creating a multi-sector marine economic ecosystem towards green and sustainable growth.

Dong Thap has many advantages in developing the marine economy, with strengths in aquaculture, seafood exploitation, and tourism. In recent times, the locality has focused on tapping its potential and promoting marine economic development, achieving many positive results.

Experts believe that the sustainable development of Viet Nam’s marine economy requires a comprehensive approach, closely combining modern marine spatial governance, the promotion of natural capital, the application of science and technology, and the effective mobilisation of domestic and international financial resources.

Viet Nam is determined to strictly, openly, and transparently handle all violations related to illegal, unreported and unregulated (IUU) fishing, Foreign Ministry Spokeswoman Pham Thu Hang affirmed at the ministry’s regular press conference in Ha Noi on November 6.

Chairman of the Can Tho municipal People’s Committee Truong Canh Tuyen highlighted local potentials and strengths during a working session on June 24 with a delegation from the Australian Chamber of Commerce in Viet Nam (AusCham) led by its Executive Director Edwin Law.

The sea and marine economy are not only the survival space of Tra Vinh Province but also hold strategic significance for its sustainable socio-economic development, national defence and security. In recent years, the province has placed particular emphasis on attracting investment to develop a modern, environmentally friendly marine economy.