Accordingly, Phu Vang district will receive over 4.2 billion VND (184,800) and Phu Dien 762 million VND (33,528 USD) to help local fishermen buy fuel for fishing trips, communications devices, and ship insurance.
Meanwhile, under the Government’s Decree 67/2014/ND-CP on policies for fisheries development, the province in the past two years have provided preferential loans worth 177.49 billion VND (7.8 million USD) for the upgrade and building of 40 fishing vessels.
In Phu Vang alone, 29 boat owners have gained approval for their applications seeking concessional loans for building and upgrading fishing boats under the decree.
VNA/VNP