Set aside over VND910 billion allocated to support Quang Binh fishermen for building new fishing vessels and upgrading vessels

Published On: 20/10/2014

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(Portal Quảng Bình) - According to information from the State Bank of Vietnam - Quang Binh Branch, commercial banks in Quang Binh province have provided preferential loans worth VND910 billion to support local fishermen following the Government Decree No. 67/2014/ND-CP dated July 7, 2014 on fisheries development initiatives for the building new offshore fishing vessel, contributing to helping fishmen to cling the sea. 

Accordingly, the Commercial Joint-stock Bank for Foreign Trade - Quang Binh Branch has set aside VND400 billion, the Bank for Agriculture and Rural Development - Quang Binh Branch VND200 billion, the Commercial Joint-stock Bank for Industry and Trade - Quang Binh Branch VND200 billion, the Vietnam Bank for Investment and Development - Quang Binh Branch VND50 billion, the Vietnam Bank for Investment and Development - North Quang Binh Branch VND40 billion and Sai Gon Thuong Tin Commercial Bank - Quang Binh Branch VND20 billion.

Reportedly, from early year to now, the Provincial People's Committee has decided supporting expense for local fishermen over VND82 billion to borrow loans for new fishing vessels and upgrading vessels.

Reported by Mai Anh
Translated by Minh Huyen 

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