Economic value The Ministry of Natural Resources and Environment recently coordinated with the Party Central Committee’s Economic Commission and relevant units to organize a forum on sustainable development of Vietnam's marine economy in 2022 in Phu Yen Province. Deputy Minister of Natural Resources and Environment Le Minh Ngan told the gathering that marine tourism brings 70 percent of revenue to the country’s tourism industry; sea freight transport reached 85.1 million tonnes; oil and gas production reached 18.43 million tonnes (crude oil production was 10.97 million tonnes). The output of fisheries production reached 3.92 million tonnes; and aquaculture 4.805 million tonnes. Investment in infrastructure development is needed to connect dynamic coastal economic zones Investments have been poured into construction of traffic infrastructure connecting big economic urban centers and economic zones to sea ports, and linking northern with southern, eastern with … [Read more...] about Vietnam’s marine economy unleashes major potential
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Dozens missing in shipwreck during Chaba typhoon
An engineering vessel that was 160 nautical miles southwest of Hong Kong "suffered substantial damage and broke into two pieces" and the 30-member crew abandoned ship, according to the Hong Kong Government Flying Service. Three people had been rescued as of 3:00 p.m. local time (0700 GMT) and were taken to hospital for treatment, authorities said. Dramatic footage provided by Hong Kong authorities showed a person being airlifted onto a helicopter while waves crashed over the deck of the semi-submerged ship below. The three survivors said other crew members may have been swept away by waves before the first helicopter arrived, according to a government statement. Typhoon Chaba earlier formed in the central part of the South China Sea, which Vietnam calls the East Sea, and on Saturday afternoon made landfall in Guangdong province in southern China. Rescuers in Hong Kong were notified of the incident at 7:25 a.m. local time (2325 GMT on Friday) and found the ship near Chaba’s … [Read more...] about Dozens missing in shipwreck during Chaba typhoon