The province has 7 coastal and island districts, towns and cities. The fishing industry has developed for a long time, forming a unique fishing tradition and culture. Binh Thuan's sea area is adjacent to major fishing grounds in the country such as Truong Sa - DK1 platform area, so the province has the advantage of developing seafood exploitation in the open sea and offshore areas.

Promoting advantages from marine economy

The Resolution of the 14th Provincial Party Congress, term 2020-2025, has determined to build Binh Thuan province into a strong province in marine economy, energy and tourism. Because Binh Thuan has very favorable potential and advantages to develop marine economy, especially tourism, renewable energy, aquaculture, fishing and seafood processing associated with protecting the sovereignty of the sea and islands of the Fatherland. Promoting these advantages, in recent years, the province has identified tourism as one of the key breakthrough industries of the locality, so it has focused all investment resources to effectively exploit the potential and inherent advantages. Thanks to innovation in management and diversification of products serving tourists, every year the number of tourists coming to visit and relax is increasing. Not only developing tourism, Binh Thuan's fishing grounds are large fishing grounds of the whole country, with rich marine resources. In particular, Binh Thuan has initially promoted the effectiveness of the offshore exploitation model, associated with logistics services, purchasing, preliminary processing, preserving products at sea, building a model of solidarity groups for seafood exploitation. Thanks to investing in large-capacity vessels for long-term sea trips, Binh Thuan fishermen annually exploit about 180,000 tons of various types of seafood. Along with that, the specialty aquaculture, production and consumption of shrimp seeds have also developed strongly, with an annual aquaculture output estimated at nearly 15,000 tons and production and consumption of more than 2 billion shrimp seeds. Binh Thuan is the leading province in the country in developing a fleet of logistics services for purchasing seafood at sea with more than 100 large-capacity vessels, specializing in purchasing seafood in the Truong Sa sea area, DK1 Platform... Thanks to the effective exploitation of the marine economy, Binh Thuan has now become one of the largest marine tourism centers in the country. In addition, Binh Thuan is currently one of the three largest seafood exploitation fishing grounds in the country. In addition, the province’s coastal minerals are quite rich, especially black sand, quartz sand, oil and gas, etc. The infrastructure of coastal and island areas has received investment and upgrading attention. Up to now, many important projects have been completed and put into use to serve socio-economic development, connecting regions in the province, especially traffic, sea dykes, seaports, etc.

Comprehensive and sustainable development of marine economy

Binh Thuan's sea area contains many great economic potentials, but to turn those potentials into resources and driving forces to promote industrialization and modernization requires mobilizing many resources and implementing many positive measures, continuing to promote the potentials and advantages to promote comprehensive and sustainable development of the marine economy associated with economic restructuring of the province so that the marine economy becomes an important driving force to promote the economic growth of the province. To do that, Binh Thuan province has deployed a plan to implement the project to develop clusters of marine economic sectors associated with building strong marine economic centers by 2030. Accordingly, the province will coordinate and propose incentive policies and incentives on taxes, credits, land use, etc. to attract investment and cooperate with other provinces to form clusters of marine economic sectors, high-tech zones, and large coastal cities. Invest in developing synchronous, modern infrastructure and physical infrastructure for the tourism industry and key areas, driving forces for coastal and island tourism development of the province, connecting marine economic infrastructure, high-tech zones, coastal tourism urban areas with the development space of seaports, economic zones, concentrated industrial zones, tourism areas, coastal urban areas to form strong marine economic centers. Coordinate with all levels, sectors and provinces and cities in the coastal areas of the Southeast provinces to expand the implementation of integrating the content of the task of developing marine economic clusters into provincial planning, construction planning, urban planning and planning of related sectors and fields. Focus on planning and arranging coastal areas and operating spaces according to the marine economic sector. Arrange and connect marine economic infrastructure, link the space for developing seaports, economic zones, concentrated industrial zones, tourist areas, coastal urban areas with synchronous and modern infrastructure to create attractiveness to attract investment. Create open mechanisms and policies for development and collaboration between enterprises in the marine economic sector and related to the marine economy in the province. Promote cooperation and support enterprises, associations and professional associations in the province to establish and expand partnerships, participate in the network of marine economic clusters. At the same time, consolidate and enhance the capacity of law enforcement, national defense and security in sea and island areas, protect safety, security, and protect the right to operate at sea according to Vietnamese law. Research the mechanism for coordination and linkage of components in marine economic development associated with strengthening national defense and security of sea and islands.