Conference discusses draft decree on fisheries development

  • by VNBUSINESS
  • June 16, 2014

Deputy Prime Minister Vu Van Ninh chaired a conference in the central coastal city of Da Nang on June 13 to collect ideas on the government’s draft decree on developing the fisheries sector.
The draft decree, once approved, will create favourable conditions for fishermen to continue their fishing activities and protect the nation’s sea and island sovereignty. (Credit: VNA)
Illustrative photo. The draft decree, once approved, will create favourable conditions for fishermen to continue their fishing activities and protect the nation’s sea and island sovereignty.

The meeting was attended by representatives from central ministries and agencies, nine central coastal provinces, fisheries syndicates, commercial banks, the Vietnam Coast Guard and the Border Guard Command.

Addressing the conference, Deputy PM Ninh affirmed the Government’s plan to issue several policies supporting offshore fishing, aiming to build a fleet of modern ships, especially steel-hulled fishing boats with large capacity, for safe and long-term fishing.

Under the draft decree, the Government will foot the full cost for building first-class fish ports, anchor areas and storm shelters.

The credit policies included in the draft decree enable ship owners to access preferential loans at a low interest rate of 5%, 3% of which is supported by the State, for ten years. The money can be used for reinforcing their ships and building new high-capacity fishing and service vessels.

The decree also features supportive policies in terms of ship and crew insurance, preferential tax, personnel training and expense for transporting offshore goods.

The decree will apply to Vietnamese individuals and organisations operating in the fisheries industry, building ships for maritime activities and carrying out maritime infrastructure investment projects.

At the meeting, participants voiced their approval of and support for the Government promulgating a decree on fisheries development policies. The decree, they said, clearly demonstrated the fisheries sector’s development orientations, especially the guideline to build new service ships and high-capacity fishing boats.

Some deputies stressed the need to clarify the draft decree’s principles on lending money to fishermen to renovate their vessels and to differentiate whether enterprises borrow money to build ships for fishermen or if the fishermen themselves access loans to build their own boats.

Deputy PM Ninh welcomed deputies’ opinions, which he said would function as a practical base for the Government’s official promulgation of the decree.

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