(vasep.com.vn) In August 8th 2012, the Prime Minister has promulgated the official letter No. 1149/TTg-KTN on policies to promote livestock production and aquaculture.
To ease hardship for livestock production and aquaculture, the Prime Minister has assigned the State Bank of Vietnam to take the lead in directing commercial banks to implement the policies such as debt resheduling to 24 months, reducing interest rates for new loans (the lowest rate of 11 percent) to households, farmers, cooperatives, enterprises operating in livestock, poultry slaughtering, poultry and pork processing, pangasius farming and processing for export.
The Prime Minister requested Ministry of Agriculture and Rural Development (MARD) in collaboration with Ministry of Industry and Trade (MOIT), localities to guide competent agencies, Vietnam Association of Seafood Exporters and Producers (VASEP) seeking and expanding new exporting markets, retaining the benefits and the stable price of exported pangasius; suggesting a long term solution to develop the sustainable livestock farming and aquaculture, to ensure sufficient food supply for markets and raw materials for production.
The municipal and provincial People’s Committees must have supportive policies on producing, consuming of products in localities, cooperate with competent authorities, Associations to expand consuming markets, create close link between farmers and processors in fish production chain, timely petition for policies on solving problems, even amending or supplementing current policies in order to expand production and consumption of the agricultural and seafood products.
KT