Khanh Hoa: Composite vessels reinforce tuna industry
Composite vessel building for off-shore fishing in the South Central province of Khanh Hoa, is enjoying robust growth as local fishermen and enterprises have realised benefits from such vessels.
Khanh Hoa: Composite vessels reinforce tuna industry (Source: fistenet.gov.vn)
Khanh Hoa (VNA) – Composite vessel building for off-shore fishing, built under Government Decree No 67 in the south central province of Khanh Hoa, is enjoying robust growth as local fishermen and enterprises have realised benefits from such vessels, especially in the tuna catching industry.
According to Deputy Director of the Institute for Ship Research and Development under the University of Nha Trang (Uniship) Phan Tuan Long, the institute launched four composite vessels in the first six months of this year.
Reasonable price, low-maintenance costs, good velocity and better storage, as well as more flexibility compared to wooden ships for long off-shore trips have helped the orders for composite vessels surge against last year, he added.
The province has the largest off-shore composite vessel fleet in Vietnam, operating mainly in the tuna industry. The province’s tuna catch reaches 23,000 tonnes a year, of which ocean tuna accounts for 4,000 tonnes.
Deputy Chairman of Vietnam Fisheries Society (VINAFIS) and Chairman of Khanh Hoa Fishery Association (KHAFA) Vo Thien Lang said investing in post-harvest preservation techniques for composite vessel fleets will help to increase the value of tuna production.
Decree 67, which took effect in August 2014, stipulatesꦛ policies in investment, credit, insurance and tax incentives in support of fishermen and ship owners, who wish to build n❀ew or upgrade their existing boats and buy fishing equipment. The decree in practice is earning fishermen higher incomes.-VNA
Vietnam’s seafood farming and fishing industry is expecting to produce 6.4 million tonnes in 2015, according to the Directorate of Fisheries under the Ministry of Agriculture and Rural Development.
The first fishing ship in the central province of Khanh Hoa built with preferential credit under Government Decree No 67/2014/ND-CP concerning polices on fishery development was launched on June 2 in Nha Trang city.
Fishermen from the Phu Quy island district in the central coastal province of Binh Thuan are making profit from their vessels built under the Government’s Decree No 67/2014/ND-CP.
Fishermen in Tam Giang fishing port, Nui Thanh district in the central province of Quang Nam presented 14 new high capacity offshore vessels on February 25.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Khanh Hoa: Composite vessels reinforce tuna industry (Source: fistenet.gov.vn)
