Thursday, November 27, 2025 2:47:57 PM - Markets open
VN-INDEX 1,684.35 +3.99/+0.24%
HNX-INDEX 261.43 -0.48/-0.18%
UPCOM-INDEX 119.20 -0.02/-0.02%
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
26/11 Việt Nam, EU seek to expand cooperation in trade, investment
26/11 Global On-Chain Economy Alliance launched at International Financial Centre in HCM City
24/11 Digital economy opens new growth drivers for Hà Nội
24/11 HCM City stimulates spending ahead of Tết 2026
21/11 Foreign M&A boosts confidence in industrial, energy sectors
20/11 Pangasius exports focus on expanding to CPTPP and Middle East
20/11 Steel producers face debt, market pressures
18/11 Việt Nam approves plan to implement amended WTO Agreement on Fisheries Subsidies
18/11 Coffee exports likely to exceed US$8 billion this year
15/11 Workshop seeks to boost agro-forestry-aquatic exports to EU
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
Stock market poised for boost in variety with new IPO wave
Financial market enters a new cycle of asset realignment
HDB: HDBank well on course to hit 2025 profit targets
Stock market realigns capital flows, long-term expectations
Việt Nam well positioned for breakthrough growth in 2026 as global investors renew confidence
Market Update
Last updated at 2:45:02 PM
VN-INDEX 1,684.35 +3.99/+0.24%
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.