The number of non-performing loans had been on the rise among recipients under a Government directive (Decision 67/2014/NĐ-CP) to support Vietnamese fishermen to build or upgrade their fishing vessels.
Offshore fishing vessels have been told to closely follow Vietnamese and international fishing regulations to help remove the European Commission''s yellow card – a warning given to nations at risk of being deemed uncooperative in the fight against illegal, unreported and unregulated (IUU)...
The Directorate of Fisheries (DoF) has proposed the government use the medium-term public investment budget for the 2016-20 period to upgrade fisheries ports to meet European Commision requirements.
Viet Nam has been actively working to implement the European Commission (EC)’s recommendations since it announced a yellow card on Vietnamese fisheries on October 23 last year.
A shortage of locks used to anchor fishing vessels in the coastal areas
of central Thua Thien-Hue Province worries fishermen and local
authorities as the rainy season nears.