Marine aquaculture

Authorities in Khanh Hoa Province have planned to temporarily suspend tourism diving services in Nha Trang Bay in an attempt to protect the mass dying coral reefs in the area. Dying coral reefs in Nha Trang Bay The Standing Board of the Khanh Hoa Provincial Party Committee on June 20 held a meeting to look into the coral reef degradation in Nha Trang Bay following reports from local media. The meeting concluded that recent reports on reef degradation in the bay, especially at Hon Mun Marine Protected Area, were true. Explaining the causes of the situation, experts at the meeting mentioned some objective causes relating to impacts of climate change and two strong storms, Damrey in 2017 and Rai in 2021. Meanwhile, the subjective cause is the loose management and coordination among relevant departments, sectors, and localities, along with impacts of improper human activities such as illegal fishing, unregulated coastal construction, and waste release from tourism … [Read more...] about Tourism diving to be suspended to protect coral reefs in Nha Trang Bay

The People’s Committee of Phu Yen Province in south-central Vietnam ordered penalties against people treading on coral reefs at the Hon Yen national relic site on Tuesday. The order came after media reports of damage to the coral reefs caused by local people, tourists, and photographers. The landscape cluster of Hon Yen was recognized as a national relic site in April 2018. This is an ideal destination for seeing coral reefs which are often unveiled at low tides. A colorful coral reef at at the Hon Yen national relic site in Phu Yen Province, Vietnam. Photo: Duong Thanh Xuan / Tuoi Tre However, overtourism has harmed the marine ecosystem in the area. Many neglectful visitors walk on or touch the coral reefs, damaging or killing them. A colorful coral reef at the Hon Yen national relic site in Phu Yen Province, Vietnam. Photo: Le Trong Cuong / Tuoi Tre Most recently, images capturing a group of photographers trampling a coral reef at Hon … [Read more...] about Vietnamese province scrambles to handle people trampling coral reefs

In late March, Japan’s Sumitomo Corporation and local BRG Group worked with Danang’s leaders to discuss projects both groups want to deploy in the city. In 2020, Chairman of Danang People’s Committee Le Trung Chinh handed over MoUs on investment cooperation to Sumitomo Corporation and BRG Group to promote investment in a wide range of urban and infrastructure development projects in Danang. According to BRG chairwoman Nguyen Thi Nga, Danang has the full potential for a leading global player like Sumitomo to weigh over opportunities for investment and business expansion. “The board of directors at Sumitomo is solid with their investment orientation in Danang as they have sent several working groups to the city to shape an iconic regional-level project in Danang,” said Nga. Beyond Japanese groups, international investors from various other countries have expressed the desire to make forays into Danang. In a meeting with the city’s management at the end of April, Park In Sung, … [Read more...] about Danang becoming focal point in Central Vietnam investment

Danang is now ripe for 5-star hospitality success The 16th edition of the Asian Route Development Forum (Routes Asia 2022) was held in Danang on June 6 for the first time. Routes Asia brings together policymakers from the world’s leading airlines, airports, destinations and aviation suppliers, and this time around the event wants to realise action plans and accelerate Asia-Pacific economic recovery. “We see this as a significant opportunity to exchange information and seek partnership, as well as to invest in the development of aviation, tourism, and logistics,” Chairman of Danang People’s Committee Le Trung Chinh stated at the event. “This is also an opportunity for the city to showcase our natural beauty, people, and socioeconomic achievements and the tourist industry in particular, to investors and visitors from across the world.” According to research by Savills World Research last year, the coastal city is one of the leading destinations for major international brands in … [Read more...] about Second-home market blossoms in Danang

At the event, participants concluded the implementation of Rethinking Plastics’ four pilot projects in sustainable consumption and production of plastics, plastic waste management on land and sea, as well as awareness-raising activities. The event also aimed at enhancing the policy dialogue between the EU and Vietnam on plastic pollution, the transition to a circular economy, and publicly closed the activities of the Rethinking Plastics project in the country. In Vietnam, the project – financed by the EU and the German Federal Ministry for Economic Cooperation and Development – cooperated closely with MoNRE and other ministries and partners since 2019 to develop regulatory frameworks and concrete actions to avoid, reduce, and better recycle plastics. The Closing Event of the Rethinking Plastics saw the participation of high-ranking officials from the EU and Vietnam, as well as stakeholders that cooperated towards the success of the project Giorgio Aliberti, EU … [Read more...] about Closing event of Rethinking Plastics heralds new age of combatting plastic pollution

An important legal framework On the basis of the United Nations Convention on the Law of the Sea (UNCLOS) 1982, the National Assembly of Vietnam passed the Vietnam Law of the Sea on June 21, 2012. The law started to officially take effect from January 1, 20213, serving as an important legal framework to regulate Vietnam’s relations at sea and oceans. Dr. Tran Cong Truc shared that the Vietnam Law of the Sea has 54 articles in seven chapters. There are four contents legalized in the law, namely the demarcation of sea areas and continental shelves and assertion of sovereignty over islands and archipelagos; activities in Vietnamese waters; marine economic development; and the management and protection of sea and islands. Article 1 of the Law of the Sea of Vietnam states, “This law provides regulations concerning the baseline, internal waters, territorial sea, contiguous zone, exclusive economic zone, continental shelf, islands, the Hoang Sa (Paracel) Islands, the Truong Sa … [Read more...] about Part 2: Vietnam Law of the Sea adds more legal basis to UNCLOS

Energy Observer docks at Khanh Hoi Port in HCMC's District 4 on Wednesday as part of its visit to the city from June 18 to 29. The French vessel has been on a world tour for five years without having to consume any fossil fuel. It is the first vessel in the world that is autonomous in energy thanks to her onboard technologies, combining multiple sources of solar, wind and hydropower produced on board. Following her launch in April 2017, Energy Observer departed on a world tour that year, with HCMC its 73rd stop. Departing from its home port of Saint-Malo (France) in 2017, the Energy Observer has sailed more than 50,000 nautical miles and visited more than 40 countries and territories. The Energy Observer features a dual-body design to reduce water resistance. The ship has a length of 30 meters, a width of 12 meters, and can reach a maximum speed of 14 knots per hour. On board, there are a total of more than 200 solar panels placed on the … [Read more...] about World’s first zero-emission ship docks in HCMC

Being UAE’s most valuable brand certified by Brand Finance, ADNOC expressed its intention at a conference to cement its footprint in the Vietnamese market. To facilitate the goal, ADNOC has inked a deal with its local distributor Redachem Vietnam to unveil its ADNOC Voyager lubricant brand in Vietnam, which can be used for passenger cars, motorbikes, trucks, industrial lubricants, marine oils, and special lubricant products. The brand is not only suitable for many types of super-car engines but also safe for users on all roads. According to statistics of the Vietnam Petroleum Association, the country's lubricant industry posted an annual growth rate of 8-10 per cent with the consumption of 90,000 tonnes of lubricants per year. More than half of lubricants are consumed in the southern market, while the rest is consumed in the north and a few in the central region. Ranjan Guha, department manager of International Sales at ADNOC said, “Vietnam is not only a fast-growing market … [Read more...] about Abu Dhabi National Oil Company makes its foray into Vietnam

Large market potential According to the Vietnam Industry Agency (VIA) under the Ministry of Industry and Trade (MoIT), Vietnam’s mechanical engineering industry enjoys advantages in three main sub-sectors: motorcycles and motorcycle spare parts; household mechanics; automobile tools and parts. Specifically, domestic mechanical engineering enterprises such as VinFast, Thanh Cong, and Thaco now produce and assemble almost all types of vehicles including cars, trucks, and coaches. According to the VIA, domestically produced metal components have now met 85 to 90 percent of the motorcycle demand, 15 to 40 percent of automobile production needs, some 40 to 60 percent of agricultural and construction machinery, and about 10 percent of high-tech industry needs. Truong Thi Chi Binh, Deputy President of the Vietnam Association for Supporting Industries also said that mechanical and supporting industry enterprises now have great opportunities since Vietnam joined various free … [Read more...] about Mechanical industry seeks solutions to access global value chain

Speakers at a conference titled ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA’ held in HCM City on Thursday. — VNS Photo Bồ Xuân Hiệp HCM CITY — Việt Nam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA) they signed, speakers said at a conference on Thursday. Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Việt Nam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Việt Nam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, … [Read more...] about Việt Nam becomes major supplier of farm produce to UK