Thursday, December 5, 2024 2:52:52 AM - Markets closed
VN-INDEX 1,240.41 -9.42/-0.75%
HNX-INDEX 224.62 -0.67/-0.30%
UPCOM-INDEX 92.44 0.00/0.00%
Marine economy makes up 10 percent of Vietnam’s GDP
vietnamplus.vn - 3/27/2019 12:51:13 PM
 (0 ratings. You must sign in to rate.)
 Sea-based economic sectors contribute 10 percent of Vietnam’s gross domestic product (GDP), according to the Ministry of Natural Resources and Environment.
 
The ministry held a meeting in Hanoi on March 26 to review a master plan on surveying and managing marine resources and environment.
 
Minister Tran Hong Ha said the 28 coastal provinces and cities make up 65 – 70 percent of the country’s GDP. Their human development index is higher than Vietnam’s average figure, while per capita income in coastal regions is at least 1.2 times higher than the national average.
 
Ta Dinh Thi, General Director of the ministry’s Vietnam Administration of Seas and Islands, said by the end of 2018, the country had drawn a map of about 53 percent of its sea area at the scale of 1/200,000. It had also completed surveying seabed terrain for 24.5 percent of the total sea area at the scale of between 1/500,000 and 1/50,000.
 
Vietnam has also mastered offshore oil and gas exploration technologies, he noted.
 
The ministry aims to survey marine resources and environment in 50 percent of Vietnam’s sea area at the scale of 1/500,000 and at a bigger scale in some key areas in the time ahead. A pollution risk map for inshore zones at the minimum scale of 1/500,000 will also be charted.
 
Vietnam boasts a 3,260km-long coastline, nearly 3,000 inshore islands, and Truong Sa (Spratly) and Hoang Sa (Paracel) archipelagos in the centre of the East Sea. It has a sea area of about 1 million sq.km in the East Sea.-VNA
 
Read original article here
 
Newer News
03/12 Nam Dinh approves $90 million aluminium project
03/12 Vietnam's inflation forecast to hit 4-4.5 per cent this year
03/12 Manufacturing reports modest growth but trends are concerning
03/12 Ba Ria–Vung Tau aims to develop free trade zone
03/12 Foreign investors set sights on Vietnam's food processing sector
03/12 Reduce logistics costs to boost GDP an essential task: PM
02/12 VN wood product exporters could leverage trade deal with UK: experts
02/12 Sustainability boosts resilience in green and digital revolution
02/12 Carbon market – a key for Vietnam on the path to net zero
29/11 Nghe An approves US$590 million fabric factory investment from Singapore
Older News
26/03 Vietnam’s trade turnover reaches 100 billion USD
26/03 PM calls on UAE firm to expand investment in Vietnam
26/03 Vietnam targets 5 bln USD in veggie, fruit export value by 2020
25/03 EVFTA to fuel Vietnam – Italy trade: workshop
22/03 A billion pairs of shoes exported
22/03 Huge potential for Vietnam, Laos to collaborate in cooperative economy
21/03 Seminar talks Vietnam’s economic growth model
20/03 Prime Minister welcomes Hong Kong investors
20/03 Vietnamese brands make global mark
20/03 Seafood expo bolsters Vietnamese exports to US market
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,240.41 -9.42/-0.75%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.