Strategies for Maritime Development: A case in Vietnam

Phuoc Quy Phong Nguyen,Xuan Phuong Nguyen

doi:10.24018/ejers.2018.3.12.986

Abstract

Strategic assessors of the 21st century are "The Century of the Ocean," because, along with current economic and demographic growth, natural resources, especially non-renewable resources on land, will be exhausted after several decades. The world economy is increasingly dependent on the sea and the ocean. About 70% of the world's industrial potential is in the 500km wide area of the coast. The mineral, biological and marine resources of the oceans and oceans have an important implication for the world economy. Marine ecosystems are the most important resource with hundreds of thousands of animals, plants, and microorganisms. Sea is a diversified and abundant source of seafood, chemicals, salt, oil and gas, clean energy from the sea and oceans, wind, seawater, ocean currents, and the tide is being exploited for transportation, energy and countless other human benefits. The sea and the continental shelf are waterways that can develop tourism, sightseeing and recreation activities. The role of marine economics, including maritime economics, has become increasingly important and has been identified as a key sector for investment. This paper analyzes the advantages, limitations, and causes in maritime economic development, and draws on experiences to develop the maritime economy.

Highlights

The development history of the world shows that the breakthroughs of world-class development have so far come from the nations of the sea such as the United States, Japan, China, and Singapore
Research and application of equipment for inspection, control, and treatment of wastes arising from ships, the implementation of the provisions of the MARPOL Convention and the annexes of the Convention are the legal basis for conducting state inspection at seaports, organizing the supervision, investigation, and handling of violations of environmental protection of seagoing vessels, creating favorable conditions for Vietnamese ships, maritime activities in the country and internationally, contributing to the socio-economic development of the country [8]
This is in line with the general trend of the world's maritime industry, the international economic integration process, and the strengthening of Vietnam's position in maritime transport

Summary

INTRODUCTION

The development history of the world shows that the breakthroughs of world-class development have so far come from the nations of the sea such as the United States, Japan, China, and Singapore. Research and application of equipment for inspection, control, and treatment of wastes arising from ships, the implementation of the provisions of the MARPOL Convention and the annexes of the Convention are the legal basis for conducting state inspection at seaports, organizing the supervision, investigation, and handling of violations of environmental protection of seagoing vessels, creating favorable conditions for Vietnamese ships, maritime activities in the country and internationally, contributing to the socio-economic development of the country [8] This is in line with the general trend of the world's maritime industry, the international economic integration process, and the strengthening of Vietnam's position in maritime transport. Many shipping companies, including large ones, continue to suffer losses

CHARACTERISTICS OF VIETNAMESE MARITIME

STRATEGIES FOR MARITIME DEVELOPMENT

Findings

CONCLUSION