A conference to promote investment in Vietnam’s marine-based economy in 2010 was held in Hai Phong on July 9 with the participation of investors from Japan, Singapore, the US, Germany, Russia, Belgium and Qatar.
The conference was organised to help Vietnam tap the potential of marine-based economy by giving foreign investors a better understanding of the country’s opportunities to develop seaports, maritime transport and logistic services, tourism and seafood processing industry.
Vietnam’s marine-based economy accounts for 47-48 percent of the country’s total GDP. Most of the world’s leading maritime transport companies have already carried out projects to build modern container ports in Vietnam which has attracted large volumes of cargo to the country.
The conference discussed ways to develop the marine-based economy sustainably, such as building a comprehensive strategy to conserve natural resources and protect the maritime environment and considered issues related to national security and sea and island sovereignty.
It was agreed that localities should promote regional and international cooperation to attract more FDI, especially ODA projects for sea and coastal areas and flatly reject projects likely to harm the environment or threaten national security.
Source: VOV