A meeting was recently held in Quang Ngai province to realise aGovernment decree on fisheries development in the central region.
The event was attended by representatives from the central provincesof Quang Ngai, Quang Nam, Binh Dinh, Phu Yen, Khanh Hoa and Da Nangcity, fishing businesses, local fishermen, and a number of commercialbanks, including BIDV, Agribank, Viettinbank, Vietcombank and MHB.
Speakingat the conference, Governor of the State Bank of Vietnam Nguyen VanBinh stressed that Vietnam ’s fisheries sector has made greatachievements over the past time, with its growing export value.
Hesaid that Decree 67/2014/ND-CP provides a full, systematic andsynchronous set of basic policies to boost fisheries development,including supporting fishermen in building high-capacity, iron-coveredships designed for offshore fishing, a practice that could earnfishermen higher incomes.
It is considered a leverage forlocalities to improve fishing efficiency, thus contributing toprotecting the national sovereignty over seas and islands, he added.
Participants suggested the Ministry of Agriculture and RuralDevelopment promptly approve and publicise a list of preferred shipmodels so that individuals and businesses could take out loans for theconstruction of new ships. Meanwhile, the Ministry of Finance shouldguide and organise the implementation of insurance policies.
The provincial People’s Committees were asked to select ship-ownersbased on their previous business experience and support them in applyingfor 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-coveredones, the decree regulates a preferential interest rate of 1-3 percentper year, the lowest level at present, for 11-year loans. Loan limitalso stands high, about 70-95 percent of the newly-built ship value.-VNA
The event was attended by representatives from the central provincesof Quang Ngai, Quang Nam, Binh Dinh, Phu Yen, Khanh Hoa and Da Nangcity, fishing businesses, local fishermen, and a number of commercialbanks, including BIDV, Agribank, Viettinbank, Vietcombank and MHB.
Speakingat the conference, Governor of the State Bank of Vietnam Nguyen VanBinh stressed that Vietnam ’s fisheries sector has made greatachievements over the past time, with its growing export value.
Hesaid that Decree 67/2014/ND-CP provides a full, systematic andsynchronous set of basic policies to boost fisheries development,including supporting fishermen in building high-capacity, iron-coveredships designed for offshore fishing, a practice that could earnfishermen higher incomes.
It is considered a leverage forlocalities to improve fishing efficiency, thus contributing toprotecting the national sovereignty over seas and islands, he added.
Participants suggested the Ministry of Agriculture and RuralDevelopment promptly approve and publicise a list of preferred shipmodels so that individuals and businesses could take out loans for theconstruction of new ships. Meanwhile, the Ministry of Finance shouldguide and organise the implementation of insurance policies.
The provincial People’s Committees were asked to select ship-ownersbased on their previous business experience and support them in applyingfor 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-coveredones, the decree regulates a preferential interest rate of 1-3 percentper year, the lowest level at present, for 11-year loans. Loan limitalso stands high, about 70-95 percent of the newly-built ship value.-VNA
