Wed. Dec 25th, 2024

A meeting was recently held in Quang Ngai province to realise a
Government decree on fisheries development in the central region.

The event was attended by representatives from the central provinces
of Quang Ngai, Quang Nam, Binh Dinh, Phu Yen, Khanh Hoa and Da Nang
city, fishing businesses, local fishermen, and a number of commercial
banks, including BIDV, Agribank, Viettinbank, Vietcombank and MHB.

Speaking
at the conference, Governor of the State Bank of Vietnam Nguyen Van
Binh stressed that Vietnam ’s fisheries sector has made great
achievements over the past time, with its growing export value.

He
said that Decree 67/2014/ND-CP provides a full, systematic and
synchronous set of basic policies to boost fisheries development,
including supporting fishermen in building high-capacity, iron-covered
ships designed for offshore fishing, a practice that could earn
fishermen higher incomes.

It is considered a leverage for
localities to improve fishing efficiency, thus contributing to
protecting the national sovereignty over seas and islands, he added.

Participants suggested the Ministry of Agriculture and Rural
Development promptly approve and publicise a list of preferred ship
models so that individuals and businesses could take out loans for the
construction of new ships. Meanwhile, the Ministry of Finance should
guide and organise the implementation of insurance policies.

The provincial People’s Committees were asked to select ship-owners
based on their previous business experience and support them in applying
for loans from banks.

According to the decree, commercial banks are responsible for guiding fishermen to complete loan procedures.

For those who borrow money to build ships, especially iron-covered
ones, the decree regulates a preferential interest rate of 1-3 percent
per year, the lowest level at present, for 11-year loans. Loan limit
also stands high, about 70-95 percent of the newly-built ship value.-VNA

By vivian