To become a strong maritime nation, there must be leading maritime enterprises

Lê Thanh Phong |

The Resolution on building and developing Vietnam into a strong maritime nation identifies strong development of marine enterprises, especially large-scale corporations.

Resolution No. 20 - NQ/TW on building and developing Vietnam into a strong maritime nation has pointed out a new mindset, not only developing the marine economy, but also building national strength at sea comprehensively.

In which, a very noteworthy highlight is the strong development of marine enterprises, especially large-scale corporations and general corporations.

Looking at the world, most strong maritime nations have powerful maritime enterprises as the core force.

From sea transport, logistics, shipbuilding, energy exploitation, seaport industry to ocean technology, all need investors with sufficient financial potential, management skills and international competitiveness.

Clearly, it is impossible to build a strong maritime nation with only small, fragmented and scattered businesses.

The resolution identifies science and technology, innovation and digital transformation as the main driving forces for marine development, which is of particular importance.

The sea is no longer a story of excavating resources in breadth, the sea must become a development space based on knowledge, technology and high added value.

It is noteworthy that the Resolution not only mentions business development but also sets requirements for perfecting institutions, innovating national sea governance, marine space planning, developing infrastructure and high-quality human resources.

These are the foundational conditions for business development.

Businesses cannot grow in an environment of overlapping institutions, lengthy procedures and unsynchronized planning.

To have strong marine corporations, there must be strong mechanisms, to attract large capital flows into the marine economy, it is necessary to create a transparent, stable and predictable investment environment.

Another very important point is that marine economic development is always associated with protecting national sovereignty.

Modern marine economic centers, large seaports, strong transport fleets or advanced marine technology enterprises not only create economic growth but also contribute to affirming the presence and strength of the nation at sea.

That is the combination of development and protection of territorial sovereignty, between economy and defense, between immediate benefits and long-term strategy.

Over the years, the sea has made important contributions to the country's economic growth. But for the sea to truly become a pillar of national development as the spirit of the Resolution sets out, drastic and outstanding breakthroughs are needed.

Especially, forming marine enterprises with regional and international scale, capable of competing on maritime routes, logistics chains, marine industry and new ocean economic sectors.

Lê Thanh Phong
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