Decision No. 568/QD-TTg dated April 28, 2010 of the Prime Minister approving the master plan on development of Vietnam's island economy through 2020

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Decision No. 568/QD-TTg dated April 28, 2010 of the Prime Minister approving the master plan on development of Vietnam's island economy through 2020
Issuing body: Prime MinisterEffective date:
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Official number:568/QD-TTgSigner:Hoang Trung Hai
Type:DecisionExpiry date:Updating
Issuing date:28/04/2010Effect status:
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THE PRIME MINISTER
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness

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No. 568/QD-TTg
Hanoi, April 28, 2010
 
DECISION
APPROVING THE MASTER PLAN ON DEVELOPMENT OF VIETNAM'S ISLAND ECONOMY THROUGH 2020
THE PRIME MINISTER
 
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the Government's Resolution No. 27/2007/NQ-CP'of May 30, 2007, promulgating its action program for materialization of the Resolution of the 41 plenum of the Party Central Committee (the XI Congress) on Vietnam's marine strategy through 2020;
At the proposal of the Ministry of Planning and Investment in Report No. 9639/TTr-BKH of December 16. 2009, and Official Utter No. 883/ BKH-CLPT of February 5, 2010,
DECIDES:
 
Article 1. To approve the master plan on development of Vietnam's island economy through 2020 with the following principal contents:
I. DEVELOPMENT OBJECTIVES
1. To economically develop the system of islands in a fast, efficient and sustainable manner in order to create breakthroughs in the development of Vietnam's marine, island and coastal economies and at the same time build the island system into a solid defense line for the protection of national sovereignty and sovereign rights over the sea areas and islands of the Fatherland, materializing the undertakings of the Party and the State on Vietnam's marine strategy through 2020.
2. To focus on building a number of islands with favorable positions and natural conditions as well as great potentials, creating breakthroughs for marine and island economies, contributing to national economic development, which concurrently act as an important hub for linking island economy with marine, coastal and inland economies and international economic exchange.
3. To substantially build the system of essential infrastructures (including piers and roads, power and water supply and communication systems and social infrastructure facilities...) on islands, particularly important ones, creating necessary conditions for economic development, connecting islands with the mainland and firmly defend the sea areas of the Fatherland.
4. To create basic and steady improvements in the structure of the island economy. To form and develop a number of spearhead industries suited to the advantages of islands such as tourism, marine services, fishing and marine culture so that the island economy will grow (in added value) at an average rate of 14-15%/ year during 2010-2020. of which tourism and services will grow over 20%/year. raising the island economy's contributions to the national economy from current 0.2% to around 0.5% by 2020.
II. DEVELOPMENT ORIENTATIONS TOWARDS 2020
1. To quickly build infrastructure for investment attraction
To concentrate on quickly building infrastructure systems on islands, considering this a major breakthrough to attract investment and encourage people to permanently settle down on islands for economic development and protection of security and sovereignty over Vietnam's sea areas and islands.

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