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Vietnam looking to build maritime economic centres by 2030

18 Jun '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Vietnam’s ministry of planning and investment has sought the Prime Minister’s approval for a project to develop three to four maritime economic centres till 2030. The southern province of Ba Ria-Vung Tau and the southeast part of Ho Chi Minh City, and the Hai Phong-Quang Ninh region have been proposed as the locations for the maritime centres.

The project also entails forming maritime clusters in advantageous coastal regions. The country aims to establish 7 such clusters by 2030, according to Vietnamese media reports.

The maritime economic regions will prioritise seaports and logistics services. The regions of the country housing these centres are expected to have an economic growth higher by at least 1.2 times the national average.

ALCHEMPro News Desk (KD)

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