This is the twelfth steel ship of its kind to be built with preferential credit from the provincial Fishermen Support Fund, as instructed in the Government’s Decree 67/2014/ND-CP, which is designed to boost the development of the fisheries industry, including a programme on building high-capacity steel boats for deep-sea fishing.
The vessel was built by Nha Trang Shipbuilding Company at a total cost of VND12 billion (US$528,000). It has a capacity of 811CV and measures 26m long, 7m wide and 3.4m high.
The ship will be run by a crew of ten trained members. The owner of the vessel, Huynh Thach, 44, said the vessel will help him fish off-shore effectively and safely.
At the same time, the Fund provided an aid package worth VND269 million (US$11,836) to support local needy fishermen.
