Types of resources in the East Sea
In addition to its particularly important position in international maritime trade as mentioned in the previous article, our East Sea is also considered a sea rich in resources.
+ Regarding marine resources: with a sea area stretching across 16 parallels, our country's sea is assessed to have a high level of biodiversity. Vietnam's sea area is traditionally managed as divided into coastal areas (sea areas with a water depth of 30 m or more for the Gulf of Tonkin, East and Southwest regions and 50 m for the Central region) and offshore areas.
+ Biological resources: our country's sea is located in the tropical monsoon region, the marine fish fauna belongs to the Indo-West Pacific fauna, so our country's marine fish are very diverse, rich in species composition and also have the characteristics of tropical marine fish, mainly less than 200 mm in length, relatively short life cycle. Up to now, about 2,000 species of fish have been identified, of which about 100 species have high economic value.
+ Plant resources: our country's sea is also rich in plant resources, especially seagrass and mangrove forests. Mangrove forests cover about 150 thousand hectares along the coast, along with river mouths of special ecological significance.
+ Mineral resources: The East Sea is rich in mineral resources, of which oil and gas have become a key industry of our country. The total geological reserve of oil and gas of the entire continental shelf of Vietnam is approximately 10 billion tons of oil equivalent, the exploitable reserve is about 2 billion tons, by 2007 our country had 57 contracts for oil and gas exploration and exploitation in many forms. In addition to oil and gas, there are other resources such as coal, iron ore, titanium, granite, salt resources.
+ Tourism resources: the sea and coastal areas of our country are important strategic areas for tourism development, along with world famous bays that are world natural heritages, national parks, biosphere reserves, and beautiful beaches, creating great potential for tourism and job creation.
+ Maritime transport resources: with a long coastline, diverse terrain including 90 large ports managed by the central and local governments (not including fishing ports), the total port throughput capacity is 35 million tons/year and it is possible to build a system of 3 consecutive seaports with a total capacity of over 500 million tons/year.
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