Quang Ngai, Dec. 31 -- The central province of Quang Ngai has introduced policies to support the decommissioning of fishing vessels and occupational transition for boat owners who no longer wish to engage in marine fishing.

Under a resolution adopted by the provincial People's Council at its 8th session on December 30, owners who dismantle their fishing vessels will receive a one-off support payment equivalent to 40% of the vessel's assessed value at the time of valuation, subject to a maximum ceiling.

Vessels measuring from 6 to under 12 metres in length will be eligible for support of up to 50 million VND (1,903 USD) each; those from 12 to under 15 metres up to 100 million VND; from 15 to under 20 metres up to 200 million VND; and tho...