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Vietnam sets sight on becoming strong maritime nation by 2030

The Party stressed the resolve and persistence to defend national independence, sovereignty, territorial integrity, national interests in waters and islands belonging to national sovereignty, sovereign rights and jurisdiction.

The Communist Party of Vietnam's Central Committee has issued a new resolution aiming for Vietnam to become a strong maritime nation by 2030, the government portal reported. 
 
Illustrative photo.
Illustrative photo.
The resolution, read by Party chief Nguyen Phu Trong at the closing session of the eighth plenum of the Central Committee last weekend, is in line with the Committee's strategy on sustainably developing Vietnam's sea-based economy to 2030, with a vision to 2045. 

Under the resolution, Vietnam is expected to achieve primary sustainable development goals for the country's sea-based economy by 2030, harmonizing economic development with ensuring social welfare and protecting the environment.

Specifically Vietnam will give priority to developing maritime tourism, maritime economy, petroleum and marine resources exploitation, aquaculture, fishing, shipbuilding, and renewable energy. 

Additionally, one of the focuses is to invest efficiently in coastal economic and industrial zones, serving as foundation for the country's gateway to the world. 

The Committee stressed the resolve and persistence to defend national independence, sovereignty, territorial integrity, national interests in waters and islands belonging to national sovereignty, sovereign rights and jurisdiction, while settling disputes by peaceful measures on the basis of international law including the 1982 UN Convention on the Law of the Sea, thus ensuring a peaceful, stable environment, national security and social order and safety in waters and islands for sustainable economic development.

The sea-based economy is targeted to contribute 10% of Vietnam's GDP, while GRDP of coastal cities and provinces will account for 65 - 70% of the country's GDP. The human development index of those provinces is also higher than the country's average. 

Vietnam boasts a 3,260km coastline and nearly 3,000 islands, 44 seaports with a designed capacity able to handle 470-500 million freights per year and six coastal economic zones incorporating a variety of sea-based industries, Vietnam News Agency reported in August 2016. 
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