THE GOVERNMENT
 
No. 67/2014/ND-CP
THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom – Happiness
Hanoi, July 7, 2014
 
 
DECREE
On a number of fisheries development policies
 
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the December 16, 2002 Law on the State Budget;
Pursuant to the November 26, 2003 Law on Fisheries;
Pursuant to the June 16, 2010 Law on the State Bank;
Pursuant to the June 16, 2010 Law on Credit Institutions;
Pursuant to the December 9, 2000 Law on Insurance Business and the November 24, 2010 Law Amending and Supplementing a Number of Articles of the Law on Insurance Business;
Pursuant to the Enterprise Income Tax Law and the 2013 Law Amending and Supplementing a Number of Articles of the Law on Enterprise Income Tax; the Law on Value Added Tax and the 2013 Law Amending a Number of Articles of the Law on Value Added Tax; the Personal Income Tax Law and the 2013 Law Amending and Supplementing a Number of Articles of the Personal Income Tax Law; the Law on Tax Administration and the 2013 Law Amending and Supplementing a Number of Articles of the Law on Tax Administration; the 2009 Law on Royalties; and the 2001 Ordinance on Charges and Fees;
At the proposal of the Minister of Finance, the Minister of Agriculture and Rural Development and the Governor of the State Bank of Vietnam,
The Government promulgates the Decree on a number of fisheries development policies.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Decree prescribes investment, credit and insurance policies; tax incentives and a number of other policies for fisheries development.
Article 2. Subjects of application
This Decree applies to:
1. Vietnamese organizations and individuals conducting fisheries activities.
2. Organizations and individuals (below referred to as shipowners) that order the building of new ships, upgrading of ships (engine replacement; steel cladding of ships’ hulls, new-material cladding of ships’ hulls; purchase of fishing gears, maritime equipment; marine product preservation and loading and unloading equipment) for fishing activities.
3. Organizations and individuals implementing investment projects on infrastructure serving fisheries activities.
Chapter II
A NUMBER OF FISHERIES DEVELOPMENT POLICIES
Article 3. Investment policy
1. For essential infrastructure items of fishing ports, anchorage and storm shelter zones (including piers; embankments, coastal breakwater and embankments; dredging of port channels and anchorage waters; ship moorage facilities; systems of pilot buoys, signals and lights; specialized communications systems):
a/ The central budget shall invest 100% of funds for the construction of grade-I fishing ports, regional-level anchorage and storm shelter zones.
b/ The central budget shall support no more than 90% of investments in grade-II fishing ports and provincial-level anchorage and storm shelter zones for localities which are unable to balance their budgets and Quang Ngai province, and no more than 50% of investments for localities that remit part of their revenues to the central budget.

 


[1] Công Báo Nos 707-708 (24/7/2014)