Financial assistance of US$40m has been granted by the Danish International Development Assistance Organisation (DANIDA) to Vietnam’s fishing industry, with the aim of developing agricultural and economic growth.
Go deeper with GlobalData
The grant forms part of a 1999-2003 programme designed to minimise the industry’s environmental impact and alleviate poverty, explained Mogens Poulsen, from the Hanoi-based Royal Danish Embassy.
Designed by Danida’s Sector program Support (SPS), Poulsen revealed that the program had five areas.
Support for Industry Restructuring and Enterprise Development (SIRED) is planning to help fisheries enterprises manage themselves, and will invest in training fisheries managerial staff. Though the Strengthening of Fisheries Administration (STOFA) a management information centre will be established to support and train fisheries staff.
Support to Freshwater Aqua-culture (SUFA) will meanwhile see the establishment of a stock centre and invest in industry specific R&D.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSupport for Brackish Water and Marine Aqua-culture (SUMA) has been designed to ensure community sustainability; building upon administrative and legal frameworks within the industry and planning sustainable development and training programmes.
Finally, the Seafood Export and Quality Improvement program (SEAQIP) will see the establishment of safety regulations, a consultancy centre and train marketing staff.
