Subjects eligible for fuel assistance in fishery in Vietnam

Subjects eligible for fuel assistance in fishery in Vietnam(Illustrative image)

Circular 35/2008/TT-BTC stipulates the subjects eligible for fuel assistance in fishery as follows:

Subjects eligible for assistance policy:

Fishermen who own fishing vessels or service fishing vessels for fishery and conduct continuous and regular fishery, deriving the main income from fishing.

Conditions for assistance:

- fishing vessel owners with fishing vessels or service fishing vessels that operate for 6 months or more in a year, have completed the procedures for hull insurance, crew accident insurance, and have registration and certification of fishing vessels according to legal regulations.- Possess a marine exploitation license; have a legal residential address confirmed by the commune-level People's Committee.- Must have confirmation from the commune-level authority and border soldiers after each sea trip.

assistance level:

- For fishing vessels with engine capacity of 90CV or more: assistance of 8 million VND per fishing trip, the number of assistances is based on the actual number of fishing trips but does not exceed 3 times per year.

- For fishing vessels with engine capacity from 40CV to below 90CV: assistance of 5 million VND per fishing trip, the number of assistances is based on the actual number of fishing trips but does not exceed 4 times per year.

- For fishing vessels with engine capacity below 40CV: assistance of 3 million VND per fishing trip, the number of assistances is based on the actual number of fishing trips but does not exceed 5 times per year.

For more details, see Circular 35/2008/TT-BTC, effective May 24, 2008.

Ngoc Tai

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