Workshop seeks ways to sustainably promote sea-based economy
A scientific workshop on measures to promote sustainable maritime economic development took place on November 2 in Hanoi.
The event was jointly organised by the Institute of Human Geography under the Vietnam Academy of Social Sciences (VASS) and the Vietnam Geography Association.
Experts said that Vietnam has made great achievements in sea-based economic development but it has yet to fully tap strengths of maritime resources.
Maritime economic sectors using non-renewable resources such as oil and gas industry have significantly contributed to the country’s GDP but these natural resources are running out, they noted.
Participants said Vietnam needs to enhance exploitation and use of clean and renewable energy resources from the sea, and focuses on building and perfecting financial mechanisms with tax and fee systems related to the use of maritime resources and space.