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Over 426,000 USD to support offshore fishing in Thua Thien-Hue

Central Thua Thien-Hue province will support offshore fishing activities in Phu Vang and Phu Loc districts starting this month in a project worth more than 9.7 billion VND (426,800 USD).
Over 426,000 USD to support offshore fishing in Thua Thien-Hue ảnh 1Offshore fishing boats. (Photo: VNA)

Thua Thien-Hue (VNA) – CentralThua Thien-Hue province will support offshore fishing activities in Phu Vangand Phu Loc districts starting this month in a project worth more than 9.7billion VND (426,800 USD).

The funding will be sourced from the provincialbudget to support offshore aquaculture and fishing industries in the province.

Phu Vang district will receive roughly 9.3billion VND (409,254 USD); 95.7 percent of which, or 8.9 billion VND will bespent to provide local fishermen with fuel for their boats while the remainderwill help them purchase communication devices and insurance.

Some 473 million VND (20,800 USD) will beallocated to Phu Loc district, with most of the money also used for fuel.

The central province has given localfishermen access to soft loans for fishing boat building and upgrading. It hasoffered approximately 182 billion VND in soft loans to help build and renovate42 fishing vessels over the past two years. It plans to bring the number up to45 to meet the Government’s target by the end of the year.

Since the beginning of this year, ThuaThien-Hue has harvested more than 35,450 tonnes of seafood, up 16.79 percentover the same period last year.-VNA
VNA
#Thua Thien-Hue#offshore fishing#Phu Vang#Phu Loc#project#offshore aquaculture#offshore fishing#fishermen#financial support#soft loans#Vietnam#Vietnam news#Vietnamplus
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