The municipal administration said that the adjustment proposal seeks to set new development targets that match updated base indices prepared by the Ministry of Planning and Investment.
It said that the previous socio-economic master plan until 2020, which was approved in 2010 based on 1994 statistics, has not kept pace with the rapid urban development experienced by the city over the last five years.
The central city has also proposed changes in technical infrastructure plan that will be compatible with it becoming a key tourism site in central region with ‘green’ growth, information technology (IT) applications for a smart city by 2030 (with vision until 2050), environmentally-friendly waste treatment and renewable energy.
In another proposal related to the city’s traffic flow, Da Nang has asked the Government for permission to build a 39km ring road connecting National Road No 14B and the Ho Chi Minh Trail. This project would be part of the city’s westward expansion during the 2017-2019 period.
The city said the project would use VNĐ1.5 trillion (US$66.4 million) raised from Government bonds and the city’s budget.
At a meeting of the city People’s Council last week, Da Nang also announced plans to develop the Tho Quang Port into a major fishing port and seafood logistics centre in the central region.
The port’s piers will be rebuilt to accommodate high-capacity fishing and fisheries logistics vessels. The project, covering 19.7ha, will also include an international fishing port and a seafood wholesale market.
The Tho Quang fishing port currently hosts 19,000 fishing boats, 23 seafood processing plants and 11 shipyard building centres.
The city also plans to build a wastewater treatment plant with a daily capacity of 300cu.m.
The city had submitted adjustments to its 2030-2050 master plan last year too, focusing on developing tourism as a core economic sector.
Da Nang has been expanding its airport to host the 2017 Asia-Pacific Economic Co-operation (APEC) Summit, and welcome 10 million tourists this year.
The Government had issued special decentralisation regulations last year, giving the city greater autonomy over attracting investment and managing its budget.
The city is a logistical hub for the central coastal region and the East-West Economic Corridor, which links Laos, Thailand, Myanmar and Vietnam.
Source: VNS
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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