Da Nang, Feb. 12 -- 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. 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) pe...
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