Marine Economic Development: A Case Study of Hai Phong, Vietnam

Abstract

Vietnam is a coastal country with many potentials and advantages to develop marine economic sectors with a coastline of over 3,260 km. Marine economic activities are an important economic asset for Vietnam, and more information about marine economic activities is needed for marine policy and management purposes. In which, Hai Phong is not only an important node, a leading province in developing the marine economy, but also plays a role in economic linkage with the political capital Hanoi, Vietnam. In the 2016-2021 period, Hai Phong's coastal economy has always maintained a high level, contributing about 30% to the country's coastal GDP. However, besides the positive contributions of the marine economy to the investment and development of Hai Phong marine economic zone, in recent years, the development of the marine economy is facing many challenges. difficulties and challenges, the efficiency achieved is not high compared to the potential and available advantages of the sea. This article focuses on analyzing and assessing the current state of sea economic development in the period 2016-2021 of Hai Phong, thereby proposing some solutions to develop the marine economy for sustainable development by 2030.