Fishermen can borrow up to 95% to build large capacity boats.
The state budget supports 70-100% of insurance premiums for offshore fishing vessels and logistics service vessels with a capacity of 90 CV or more.
That information was given at the Conference to discuss the draft decree on a number of policies for fisheries development held in Da Nang on the afternoon of June 13, chaired by Deputy Prime Minister Vu Van Ninh.
Accordingly, to build new logistics services for offshore fishing with an interest rate of only 1%/year for 11 years, the means formed from the loan capital can be used as collateral; the state budget supports 70-100% of insurance premiums for offshore fishing vessels, logistics service vessels with a capacity of 90 CV or more; exemption of resource tax for caught aquatic products, exemption of personal income tax, corporate income tax for offshore fishing activities...
The conference was attended by representatives of the leaders of 9 coastal provinces and cities including Thanh Hoa, Da Nang, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ben Tre and Ca Mau; the ministries of Planning and Investment, National Defense, Justice, Agriculture and Rural Development, Vietnam Fisheries Association, Fisheries Union, a number of commercial banks and large domestic shipbuilding enterprises./.
According to Great Unity
