Decree 70: A Powerful Incentive for Vietnam's Fishing Industry
Decree 70: A Powerful Incentive for Vietnam's Fishing Industry

Decree 70: A Powerful Incentive for Vietnam’s Fishing Industry

10/02/2025
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“No work, no food” – this proverb resonates deeply with the sweat and tears of Vietnamese fishermen who brave the seas day and night. Understanding these hardships, the Vietnamese government issued Decree 70, a powerful incentive program designed to improve the lives and strengthen the position of fishermen.

The sea evokes images of crashing waves and perilous journeys. What makes Decree 70’s fisherman attraction policy so special? Does it truly address the aspirations of these seafaring individuals? Let’s delve into the details with XE TẢI HÀ NỘI.

Decree 70: Targeting Key Challenges

Decree 70 is a significant boost for the fishing industry, offering comprehensive support, both material and emotional, to encourage fishermen to participate in exploitation and protect maritime sovereignty.

Financial Support: Launching Vessels and Dreams

Mr. Nguyen Van A, a fisherman from Cat Hai district, Hai Phong city, shared: “Previously, to build a new boat, my family had to borrow from everywhere with exorbitant interest rates. Thanks to Decree 70, I received a preferential loan, built a larger, more modern boat, and my fishing yield has significantly improved.”

Fishermen building a new boatFishermen building a new boat

Decree 70 facilitates access to preferential loans, supporting the construction and upgrading of fishing vessels and the purchase of modern equipment. This modernization enables fishermen to venture further, increasing catches, income, and overall living standards.

Skills Training: Strengthening the Fishermen’s Expertise

Beyond material support, Decree 70 focuses on enhancing the skills and knowledge of fishermen. Regular training courses on fishing techniques, seafood preservation, and modern technology application are provided, empowering fishermen with the expertise for effective and sustainable fishing practices.

Social Security: A Safety Net for Fishermen

Fishing is inherently dangerous. Recognizing this, Decree 70 introduces practical social security policies, including health insurance, accident insurance, and support in case of natural disasters or incidents.

Mr. Tran Van B, a maritime economist, commented: “The social security policies within Decree 70 act as a safety net, allowing fishermen to confidently pursue their livelihood, contributing to economic development and maritime sovereignty protection.”

Decree 70: A Tailwind for the Maritime Economy

Decree 70 benefits not only fishermen but also fuels the growth of the maritime economy and strengthens Vietnam’s international standing.

Increased Productivity and Output: Harvesting the Treasures of the East Sea

With its effective support policies, Decree 70 has contributed to increased seafood productivity, establishing Vietnam as a leading global seafood exporter.

Fishermen fishing at seaFishermen fishing at sea

Job Creation and Income Improvement: Elevating the Lives of Fishermen

Decree 70 has created millions of new jobs in fishing, processing, and logistics, improving incomes and living standards for fishermen and coastal communities.

Protecting Maritime Sovereignty: Securing Vietnam’s Waters

Fishermen are crucial in safeguarding maritime sovereignty. Decree 70 promotes the development of offshore fishing fleets, contributing to asserting sovereignty and ensuring security at sea.

Riding the New Wave of Decree 70

Despite positive outcomes, challenges remain in implementing Decree 70.

Frequently Asked Questions:

  • How can fishermen access preferential loans quickly and efficiently?
  • How can vocational training quality be improved to meet market demands?
  • How can social security policies effectively reach disadvantaged fishermen in remote areas?

For Decree 70 to truly reach its full potential, collaborative efforts are needed from all levels of government and local authorities:

  • Enhance communication and dissemination of policies to fishermen.
  • Streamline administrative procedures and simplify loan application processes.
  • Improve vocational training quality and technology transfer to enhance fishing productivity.
  • Strengthen inspection, supervision, and address violations of fisherman attraction policies.

Internal Links:

Vietnamese fishing boatVietnamese fishing boat

Conclusion

Decree 70’s fisherman attraction policy is a powerful tool, unlocking the potential of the maritime economy, improving the lives of fishermen, and strengthening Vietnam’s international position.

Let’s join XE TẢI HÀ NỘI in ensuring the continued success of Decree 70.

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