First fisherman builds two steel ships worth VND 30bln

Mr.Nguyen Van Hanh at Dinh An town, Tra Cu district in Tra Vinh province is the first fisherman in the province invested VND 30billion by the bank to build two steel fishing ships with an 800CV diesel engine for making deep sea fishing catch.

He received a low interest rate loan of 7 percent per year. Of these, he will pay 1 percent per year, the rest will be paid by state budget.

According to department of agriculture & rural development in Tra Vinh, the bank's support will help the provincial's fishermen and enterprises to invest in building more deep-sea fishing ships improving the quality of fishing.

D.Canh-Translated by T.Tran

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