Tien Tri 07 vessel built under Decree 67. (Source: VNA)
Government Decree 89, valid from November 25, will address roadblocks in fishermen’s ship buildingprocess regulated in Decree 67, according to Pham Ngoc Tuan, Deputy Director of the Aquatic Resources Exploitation and Protection Department under the Vietnam Directorate of Fisheries.
Decree 67, which took effect in August 2014, stipulates policies in investment, credit, insurance and tax incentives in support of fishermen and ship owners, who wish to build new fishing boats, upgrade their existing boats and buy fishing and marine equipment, among others.
Tuan said extending loan terms to 16 years in Decree 89 rather than 11 years as prescribed in Decree 67 and steady working capital turnover will help ease pressure on borrowers.
Under the new decree, fishermen will get full cost support for the design of steel and new-material fishing vessels with capacities above 400 CV. In addition, it does not require new machines for upgraded models, helping bring costs down for fishermen.
Regarding Decree 67, Tuan highlighted that it has modernised the fishing fleet, improved local livelihoods and made contributions to protecting sea and island sovereignty.
However, some obstacles are turning up in this decree, including incomprehensive implementation, no regulations for the design of wood vessels and steel vessels as well as unequal beneficiary treatment between members of the Vietnam Fisheries Trade Union and members of other production teams.
According to the Vietnam Directorate of Fisheries, 775 vessels have registered new construction projects while upgrades will be made to 107 others.
About 200 credit contracts worth nearly 2 trillion VND (89.5 million USD) have been inked among relevant sides. Currently, 38 fishing vessels have become operational for offshore fishing activities.-VNA
The southernmost province of Ca Mau has declared 18 fishing ship building projects will be eligible for loans from the Government worth 145 billion VND (6.7 million USD).
A branch of the Bank for Investment and Development of Vietnam (BIDV) based in the central coastal province of Quang Binh will offer shipbuilding and upgrading loans worth over 33.7 billion VND (1.6 million USD) to two local fishermen and one company.
A State-owned bank will provide loans for the construction of the first two ships to be built in central Thanh Hoa province under a Government decree supporting fisheries development, as formulated in credit contracts inked on June 10.
The first fishing ship in the central province of Khanh Hoa built with preferential credit under Government Decree No 67/2014/ND-CP concerning polices on fishery development was launched on June 2 in Nha Trang city.
Over 77 percent of fishing boats in the central province of Nghe An are insured with total fees of more than 14 billion VND (667,000 USD) collected in the first six months of 2015.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
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The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
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With strong support from local authorities, businesses, organisations, and residents, the province has successfully built or repaired 10,707 homes for disadvantaged households, including war veterans, families of martyrs, ethnic minority people, and low-income residents.
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In recent decades, Vietnam’s mainstream media has become a reliable and persuasive channel for showcasing the nation’s development policies and achievements, especially in economic matters, according to a senior assistant editor at the Times of India.
A hub for sharing best practices, the event aims to forge solutions for financial sustainability, public media contracts, audience engagement, content innovation, and newsroom restructuring. It is also a moment for Vietnam’s media to accelerate its progress and figure out what the “revolutionary press” means in a new era.
From “Thanh nien”, Vietnam’s first revolutionary newspaper founded by Nguyen Ai Quoc (later President Ho Chi Minh) on June 21, 1925, the revolutionary press has remained devoted to its sacred missions -accompanying the nation, serving the Fatherland, and working for the people.
The official launch of Emirates’ Dubai–Da Nang route on June 2 has sparked a “tourism revolution” for Vietnam’s central coastal city. Da Nang is emerging as a top destination for high-end travelers, particularly from the lucrative Middle Eastern market.
Bernama CEO Datin Paduka Nur-ul Afida Kamaludin said VNA has been a consistent and reliable partner in OANA, contributing actively to the regional media landscape through content sharing, coordination, and policy discussions. Their coverage of ASEAN and Indochina issues adds valuable perspectives. Bernama appreciates the collaboration with VNA.
In this era of global integration and digitalisation, the press must adopt modern multimedia models to not only meet increasing information and communication demands but also align with the broader socio-economic development of the country.
Tien Tri 07 vessel built under Decree 67. (Source: VNA)
