Thanh Hoa approves nearly 70 vessels under Gov’t decree

Sixty seven vessels have been approved to be built for fishermen in the central province of Thanh Hoa over the past three years of implementing the Government’s Decree 67 on measures to develop fisheries.

The fleet includes 18 logistic ships and 49 offshore fishing vessels. 46 of them have been put into operation, 23 of which are steel ships and the remaining wood boats. 

As of June, commercial banks in the provinces, including branches of the Vietnam Bank for Agiculture and Rural Development (Agribank), Bank for Development of Vietnam (BIDV), and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), have signed credit contracts worth a total VND569 billion (US$25 million). Over 90% of the amount has been disbursed.

Nguyen Duc Cuong from the Sub-Division of Fishing and Marine Resources Protection under the provincial Department of Agriculture and Rural Development said the ships built under the Decree have helped enhance offshore fishing efficiency.

In operation, 15 out of the 23 steel vessels were found encountering technical troubles, Cuong said, adding that they have been repaired in shipbuilding facilities.

The Department has advised steel ships owners to report any problems with their ships to local authorities for timely repair, and not to leave them ashore, Cuong said.

Thanh Hoa is allowed to build 94 ships under Decree 67.

The province will continue providing financial assistance for repairing, maintaining ships built under the Decree and for operation of logistic ships with the capacity exceeding 400 CV by 2020.
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