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Da Nang spends over 20 bln VND for offshore fishing vessels

Authorities of the central city of Da Nang has spent over 20.7 billion VND (900,000 USD) to support 824 fishing vessels since 2019 in accordance with the Resolution No. 255/2019/NQ-HĐND dated July 11, 2019 by the municipal People’s Council, reported the municipal Fisheries Sub-Department.
Da Nang spends over 20 bln VND for offshore fishing vessels ảnh 1Illustrative image (Photo: VNA)

Da Nang (VNA) - Authorities of the central city of Da Nang has spent over 20.7 billionVND (900,000 USD) to support 824 fishing vessels since 2019 in accordance with theResolution No. 255/2019/NQ-HĐND dated July 11, 2019 by the municipal People’sCouncil, reported the municipal Fisheries Sub-Department.

Under theresolution, owners of fishing vessels in the city will receive financialassistance to buy insurance for bodies of fishing vessels, journey monitoring devices, and fishing and preservation equipment between 2019 and 2025, apart from otherState support.

As of October 1,the municipal authorities approved six aid packages worth nearly 2.7 billionVND for 265 vessels.

About equipmentused in fishing and preservation of aquatic products, the city will fund halfof expenditure, no more than 500 million VND per vessel.

To prevent andmitigate illegal, unreported and undocumented fishing (IUU), expenses for purchaseof journey monitoring devices and first-year subscription for all offshorefishing vessels will be wholly funded by the municipal authorities.

So far, a total of565 fishing vessels with a length of over 15m in the city have been equippedwith journey monitoring devices. Over 17.8 billion VND have been approved for557 devices while eight others are waiting for payment.

ꦜ According to thesub-department, no IUU activity has been discovered since the installationof such devices in early 2021./.

VNA

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