Da Nang adopts fisheries support policies to address EC’s IUU fishing “yellow card”

Eligible beneficiaries include organisations and individuals owning fishing vessels registered in Da Nang, including newly registered boats and those previously certified in the city or the former Quang Nam province.

The People’s Council of Da Nang city has adopted a resolution outlining policies to support fisheries development for the 2026–2030 period, as part of efforts to have the European Commission’s “yellow card” warning related to illegal, unreported and unregulated (IUU) fishing lifted.

Da Nang adopts fisheries support policies to address EC’s IUU fishing “yellow card” -0
Monitoring the unloading of fish at the port. (Photo: VNA)


Passed at the council’s sixth session on February 11–12, the resolution introduces five key support measures.

Specifically, owners of fishing boats measuring 15 metres or longer will receive an additional 40% subsidy for hull insurance premiums, supplementing the existing 50% support provided by the Government. The city will also cover 50% of the cost of installing new vessel monitoring systems (VMS), capped at 11 million VND (423.7 USD) per vessel, along with subscription fees for VMS services and electronic fishing and transhipment logbooks.

Financial assistance will be provided to address non-compliant vessels, including support of up to million 50 million VND per boat to replace main engines that fail to meet inspection standards for vessels of 12 metres or more in length.

In addition, boat owners transitioning from trawling to other permitted fishing methods will be eligible for support covering 50% of conversion costs, such as new gear, equipment and vessel refitting, up to a maximum of 50 million VND per vessel.

Eligible beneficiaries include organisations and individuals owning fishing vessels registered in Da Nang, including newly registered boats and those previously certified in the city or the former Quang Nam province.

The policy provides post-investment support, requiring vessel owners to mobilise their own capital and ensure accurate documentation. State funds will be disbursed following appraisal and verification by competent authorities. Fraudulent declarations will result in full reimbursement and legal sanctions.

Chairman of the municipal People’s Council Nguyen Duc Dung said the resolution was adopted amid intensified nationwide efforts to restructure fishing fleets, strengthen monitoring and traceability, and promote responsible, lawful and sustainable fisheries development.

VNA

Other News

New opportunities for Vietnam's seafood exports

New opportunities for Vietnam's seafood exports

The Vietnam-EFTA Free Trade Agreement brings together two groups of highly complementary economies. EFTA members Switzerland, Norway, Iceland and Liechtenstein have strengths in technology, innovation, finance, clean energy and sustainable development, while Vietnam is one of Asia’s most dynamic economies and is emerging as a major regional manufacturing, trade and investment hub.

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.

Vietnamese experts abroad join efforts to advance nuclear power development at home

Vietnamese experts abroad join efforts to advance nuclear power development at home

Held both in person and online, the seminar focused on the current status and opportunities for Vietnam’s nuclear power programme, human resources development, global trends in small modular reactors (SMRs), experience in ensuring safety and extending the operational life of nuclear power plants, and ways to mobilise Vietnamese experts abroad to contribute to the programme.

Port throughput in Hai Phong exceeds eight-month target

Port throughput in Hai Phong exceeds eight-month target

The strong performance followed a series of measures to optimise port capacity and improve the competitiveness of the city’s seaport system, with a focus on maximising the efficiency of the Lach Huyen international gateway port as new berths came into operation.

Vietnam, Mercosur begin trade negotiations

Vietnam, Mercosur begin trade negotiations

During the session, both sides reaffirmed their determination to advance the negotiations in a spirit of goodwill, with a view to reaching a balanced agreement that aligns with the interests of both Vietnam and Mercosur.

Vietnam poised to benefit from new wave of technology investment

Vietnam poised to benefit from new wave of technology investment

The successful development and production of high-end Pixel smartphones in Vietnam – a more complex process than manufacturing smartwatches and wireless earbuds – is reportedly giving Google confidence in moving its entire Pixel production out of China.

Energy infrastructure underpins marine economy development

Energy infrastructure underpins marine economy development

The integrated investment in energy infrastructure will provide a vital infrastructure foundation for effectively harnessing the marine potential, helping realise the goal of making Vietnam a strong maritime nation and achieving sustainable and prosperous development from the sea.

Ho Chi Minh City hosts International Innovation Forum and Exhibition 2026

Ho Chi Minh City hosts International Innovation Forum and Exhibition 2026

InnoEx 2026 focuses on major shifts reshaping the global economy, including artificial intelligence (AI), data, automation, green transition, international trade and new business models. It also provides a platform connecting businesses, startups, investors and solution providers, facilitating partnerships, investment and access to knowledge and technologies.