Blue Economy


According to international documents, biodiversity in the Southeast Asia sea at a rich level than any other place in the world with thousands of species of aquatic plants and fishes and shrimps.
This is an important protein source in Southeast Asia in particular and the world in general. According to a study in 2013, fish production accounted for 22% in Asia, 40% of tuna spawning in the world living in the South China Sea. The fishery industry is worth billions of dollars. It is also the prospect of a region where is estimated to have giant reserves of oil and gas.
But billions of people in the South China Sea are threatened with fishing acts such as eradicate prevalent, using of cyanide and indiscriminate trawling... Many seafood species have turned lost, 70% of the coral reefs in the South China Sea, the environment is important to the survival of aquatic species, are in poor condition.
The list of endangered species in the South China Sea is on forever but the rough infringements in this fragile ecosystem are still continued. Green sea turtles are endangered species, hawksbill are in danger of disappearing altogether but poaching of turtle rare breed meat is still taking place and quite popular. Millions of sharks are killed for their fins only serve hedonistic fun of some countries in the region, tunas are often overfishing. In addition, activities of land reclamation, turning rocks into “islands” of the Chinese government is tampering seabed in large-scale. The scientists said that this activity is causing large-scale destruction to the biodiversity of the region and will not be devastated at restoring the ecological balance throughout the region. Recently, on April 13, a spokesman for the Philippines Foreign Ministry accused the construction of China has destroyed over 121 hectares of coral reefs and causing damage of $100 million per year to the economy of the regional countries…

As an Eastern coastal country with a long coastline, Vietnam has long been identified as a maritime country, maritime economy whose role is particularly important for the national economy. In the context of the role and position of the key economic sector of the country along with political and diplomatic movements involving national sovereignty, a ministry in charge of maritime economy is extremely necessary. Considering the importance of the South China Sea to the economic and political and social requirements of our country, the ministry in charge beside functions of management, promoting potentials, protecting, nourishing marine resources around of our country, it is also the leading agency in international cooperation and development, help protecting the homeland’s maritime sovereignty.
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All comments [ 10 ]

Huy Quốc 5/6/15 22:58

with over 3,000 kilometres of coastline, Vietnam has significant potential to exploit ocean energy towards developing inshore area economies.

Vân Nhàn 5/6/15 22:59

green energy in general and ocean energy in particular is playing an increasingly important to European countries.

Lê Tín 5/6/15 23:00

developing technology and resources for ocean energy, which is considered by the EC as one of five focus development areas for a “green economy”, creating more jobs in coastal areas.

Quốc Kiên 5/6/15 23:03

Vietnam has adopted a marine economic development strategy with the goal of raising the proportion of sea-based sectors to 53-55 percent of the national GDP and 55-60 percent of export revenues by 2020.

Phạm Hiếu 5/6/15 23:05

Many littoral countries, including Vietnam, have focused development on sea tourism industry.

Huy Lâm 5/6/15 23:07

Vietnam has more than 3,260km of coast line and more than 3,000 islands nation-wide. The country also counts over 100 sea ports, 48 bays and 100 river mouths.

Quốc Cường 5/6/15 23:08

Our marine economy has three important aspects, the potential held within the natural resources, the geo-economic and the geo-strategic positions.

Hùng Quân 5/6/15 23:09

Exploitation of the sea for the country’s economic development plays an important role in socio-economic development, while it also offers the country security and defence.

Hoàng Lân 5/6/15 23:10

Due to various circumstances, the country’s development of its marine resources has not yet reached its economic potential. Development of the marine economy should not stop at just fishing and aquaculture but should also promote processing, consumption, export and marine conservation.

Quân Hoàng 5/6/15 23:11

the Party and Government should pay more attention to investing in marine scientific research in an effort to take full advantage of the country’s marine potential. It may be a little late now, but I think that it’s better late than never.

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