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In the context of the worlds strong transition to a green economy, circular economy and renewable energy, innovation in thinking and institutional breakthroughs are prerequisites for Vietnam to effectively exploit the vast maritime space, aiming for green growth and long-term prosperity. Building a marine economy needs to comply with ecological limits, respecting the carrying capacity of the marine ecosystem - Illustration Building a marine database and mechanism for renewable energy Today, December 12, the Ministry of Agriculture and Environment organized the Forum for Sustainable Development of Vietnams Marine Economy in 2025. Professor Tran Thanh Hai, Principal of the University of Mining and Geology, said that all strategies for exploiting, protecting and planning marine space must be based on reliable data. trust. However, currently Vietnam has only investigated about 38% of the sea area, mainly at a preliminary level. Quantitative data on deep-sea mineral resources is almost empty. Professor Tran Thanh Hai proposed that the State invest methodically in basic investigation work, combining resources of universities, research institutes, businesses and international cooperation. This is not only a matter of resource management but also a condition to attract private and international investment in marine projects. From a business perspective, a PetroVietnam representative said that Vietnams sea area and seabed are three times larger than the mainland, a huge space for economic development if exploited effectively. Lessons from the oil and gas industry show that long-term investment, the right strategy and mastery of technology can create great advances in the marine sector. For other marine economic sectors such as deep-sea minerals, renewable energy or marine farming, Professor Hai emphasized the need to orient appropriate technology and a separate exploitation roadmap, avoid following trends but still ensure sustainable ecosystems. During the discussion session on renewable energy, Dr. Mark Hutchinson, Chairman of the Southeast Asia Working Group of the Global Wind Energy Council, highly appreciated Vietnams issuance of new resolutions to create a legal corridor for offshore wind power development. With a potential of more than 600 GW, Vietnam is considered one of the countries with the greatest potential in Asia. However, experts say that to attract international capital flows, Vietnam needs to soon build a risk sharing mechanism, have direct dialogue with industry and financial institutions, and design solutions suitable to domestic conditions. Cooperation between the Government - Ministry of Industry and Trade - EVN - banks and international businesses is the key to opening large-scale projects. Building a blue marine economic center Prof. Dr. Mai Trong Nhuan offers 5 core principles to develop marine economic centers to become blue growth poles: Comply with ecological limits, respect the carrying capacity of marine - coastal ecosystems; Ensuring natural - social - human sustainability, maintaining cultural values and livelihoods; Multi-sectoral integration, regional linkage, connection with the continent and between localities; Green - circular - low carbon development, proactively responding to climate; Taking science - technology and innovation as the driving force, building digital twins for coastal areas. Prof. Dr. Mai Trong Nhuan proposed that Vietnam deploy 5 policy testing mechanisms corresponding to the above 5 principles to test new models before replicating. An important highlight of the forum is the proposal to develop a marine farming industrial cluster, which Associate Professor Dr. Nguyen Huu Dung assessed as the key to bringing Vietnams sea farming out of small scale. According to Associate Professor, Dr. Nguyen Huu Dung, by exploiting only 0.1% of the sea area, Vietnam can produce up to 10 million tons of sea fish each year. However, to achieve this, a completely new production organization model is needed. The marine farming industrial cluster is a concentrated production area with modern infrastructure from cages, mooring systems, seabed monitoring to logistics services, fishing ports, processing plants, cold storage and seafood auction floors. This model helps reduce risks for fishermen, standardize production processes, attract large investments, and create a platform for integration with marine tourism and offshore wind power. Speaking at the forum, Deputy Prime Minister Tran Hong Ha emphasized that Vietnam is at a time when important to shape the thinking of marine economic development for the new period. The two trends of green transformation and digital transformation must become red threads, leading the national marine strategy. The Deputy Prime Minister proposed promoting the improvement of laws and mechanisms to encourage conservation associated with development; Piloting offshore wind power projects and high-tech marine farming; Develop marine carbon credits with a transparent monitoring mechanism; Applying the set of sustainability assessment criteria and empirical analysis tools proposed by UNDP; Strengthen international cooperation on marine technology transfer.Do HuongSee moreSee moreSee more
