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Ba Ria-Vung Tau: result after 20 years of renewal and development (Part 2) Print
Friday, 17 May 2013 14:39

VIETRADE - Sea and island tourism–a key economic sector

According to statistics of the Tourism Association of Ba Ria-Vung Tau, there is annually over 6 million tourists at home and abroad on average to visit the resort at well-known tourist destinations on the province; tourism revenue reaches thousands of billion dong per annum. Marine and coastal areas from Vung Tau-Long Hai-Phuoc Hai to Binh Chau where almost 100% of the province's tourism activities are concentrated are currently being exploited effectively with diverse tourism products, forming an uninterrupted coastal economic corridor.

 

During the period of 2005-2010, the province attracted hundreds of new investment projects in which many large-scale projects with total registered capital from a few hundred million to several billion USD are such as Ho Tram Strip (US$ 4.23 billion), Sai Gon Atlantic Hotel (US$ 4.1 billion; Vung Tau wonderful world theme park (US$ 1.299 billion), Binh Chau Safari Zoo Wildlife (US$500 million), etc. When these projects will be started, it will contribute to create unique tourism products, attracting not only domestic but also foreign tourists.

 

In order to create favorable conditions for investors to implement projects, districts of Xuyen Moc, Dat Do, Long Dien, Vung Tau City, etc. focused on investment in building their infrastructure (traffic road, system of electricity and water supply and telecommunications) to the fence of tourism projects in the state budget and support timely for investors as implementing projects in the province. Together with enterprises, they also contribute to the establishment of, new tourism products and gradually diversify as well exploit efficiently the strengths of local tourism as sea resort tourism, sea sport tourism, ecotourism, tourism of conferences and seminars, etc.

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Enhancing the value of marinebenefits

In the fishery development strategy towards 2015, the Provincial Party Committee identified the fishery economy as one of the leading sectors in the development of local marine economy which is able to compete, to develop stably and sustainably in market. Sticking to that strategy, the fishery of Ba Ria-Vung Tau had an important "transformation" in terms of both quality and quantity. The province has nearly 6,300 fish vessels with the total capacity of 725,417 CV. Out of this, 40% is offshore fishing vessels with 2.518 units, increase of 1,370 units compared to 2005. Most vessels are well-equipped with modern machines such as fish finder, position indicator, depth gauge, etc, annual exploitation output, as a result, reached 250,000 tons of seafood with various types.

 

The province has now more than 170 seafood processing and manufacturing enterprises, in which 54 export processing facilities have the total capacity of 150,000 tons/year. Most of export processing facilities satisfy HACCP standard and are eligible for export to EU, US, Russia, Japan markets, etc. As a result, its seafood export market is increasingly expanded and available in more than 50 countries and territories. Moreover, it creates  many jobs and stable income for thousands of labor. Upon these achieved results, the fishery in Ba Ria-Vung Tau strives to gain the total production value of above 13 trillion dongs in period of 2010- 2015, equaling to 142.97% over the period of 2006-2010, the average growth rate of 7.34%, total export product of 600,000 tons, and export turnover of US$ 1.7 billion.

 

Renovating and developing the agricultural sector

Although the agricultural economy accounts for only about 4.5% of GDP, number of labors in  agricultural sector still makes up 35% of the provincial workforce. Thus, the Party Committee of Ba Ria-Vung Tau always emphasizes the importance of farmers, agriculture and rural development, building modern agriculture associated with the new rural development throughout congresses. The average annual growth rate of agricultural production value from 1992 to 2000 recorded 6.63% per annum. In particular, cultivation rose 7.56%/year on average, animal husbandry rose 3.27%/year. Regarding to cultivation, the total planting area with annual crop increased from 1.18 times in 1992 to 1.59 times in 2000. A shift from agricultural land from annual crop to perennial crop was carried out with the average transformation rate of 7.46%/year (59,537ha/ 33,473ha). Regarding to long-term industrial plant, from 1992 to 2000, except rubber, other plants developed strongly, such as coffee rose from 2,947 ha to 13,678 ha, pepper from 600 ha to 4,330 ha.

 

The animal husbandry has gradually developed into a major industry. The growth rate of cattle, poultry and meat output increased evenly over the years. From 1992 to 2000, number of cattle rose 0.8%/year (26,912 cattle/78.751 cattle), pigs 7.35%/year (138,879 pigs/78.751 pigs), 3.45% poultry/year and meat output 12.4%/year (22,070 tons/8.667 tons) The province has now 336 farms, of which 228 crop farms (67.85%), 36 cattle farms (10.71%), 8 forestry farms (2.38%), 43 marine farms (12.79%). The total land aream of farms is 1,628 ha, on average of 4.84 ha/farm. Total investment of the farms in the province is 94,643 million dongs. (to be continued)



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