Following eight years of executing Resolution No. 36-NQ/TW, dated October 22, 2018, regarding Vietnam’s Sustainable Marine Economic Development Strategy to 2030, with a perspective towards 2045, Viet Nam’s maritime economy has produced remarkable successes.
The maritime economy has progressed, enhancing the ocean’s importance in national growth.
Aquaculture and fisheries have thrived, enhancing the lives of countless farmers and fishermen.
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Vietnam's coastline spans 3,200 km, serving as both a natural asset and a strategic base for the fisheries industry to achieve remarkable advancements, turning the sea into a true catalyst for national development.
Quang Ninh province, previously marked by disjointed aquaculture, is now embarking on a new stage of maritime economic growth. By optimizing processes and speeding up the allocation of sea areas, the province has set the stage for extensive marine farming initiatives covering hundreds of hectares.
Nguyen Ba Ngoc, Chairman of Bien Dong Squid Joint Stock Company, whose company was recently assigned almost 210 ha in the Co To Special Zone, stressed that the biggest obstacle for businesses is not natural conditions but rather administrative procedures. He commended Quang Ninh’s innovations, pointing out that procedures that might take years elsewhere were settled locally in just three months.
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On June 30, the company officially initiated work on a focused aquaculture area in Co To. The project features 40 High-Density Polyethylene (HDPE) cages and showcases a high-tech, industrial-scale marine farming model. The goal is to farm marine fish, squid, and seaweed — each of significant economic worth — with an anticipated yearly yield of roughly 670,000 tonnes.
Boasting more than 250 km of coastline and 6,100 sq.km of marine area, Quang Ninh is ideally situated to transition from conventional practices to large-scale offshore aquaculture.
To avoid unregulated agriculture, the province has included aquaculture in its 2021–2030 strategy, aiming for 2050, allocating over 45,000 hectares for marine farming. Contemporary HDPE buoy systems are now present in the deep blue waters of Van Don and Co To, acting as indicators of technology and as “shields” safeguarding marine ecosystems.
After recent administrative mergers, Khanh Hoa province features Vietnam's longest coastline at almost 500 km, including famous bays like Nha Trang, Cam Ranh, and Van Phong. Abundant in natural resources and varied ecosystems, Khanh Hoa has leveraged its strengths to draw investment in accordance with Resolution No. 36-NQ/TW. Provincial leaders state that aquaculture has expanded swiftly, producing significant economic value, transforming rural economies, generating employment, and enhancing living standards for coastal populations.
The execution of Resolution No. 36-NQ/TW has established a foundation for modernization, propelled by scientific advancement, technology, and the preservation of ecosystems. Nguyen Hoai Nam, General Secretary of the Viet Nam Association of Seafood Exporters and Producers (VASEP), emphasized the industry’s durability in the face of challenges such as the COVID-19 pandemic, trade barriers, and natural disasters.
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Vietnam is now among the top three seafood exporters globally, with its products available in over 160 countries and territories, earning annual revenues of 8–11 billion USD.
Following eight years of executing Resolution No. 36-NQ/TW, understanding of the sea’s strategic importance has grown; institutional structures have been enhanced; maritime industries have developed; coastal communities have benefited; and national defense and maritime sovereignty have been bolstered.