The central province of Khanh Hoa has approved a cooperation project on purchasing and transporting fresh seafood for export between the local Phuc Minh Fisheries Ltd Co. and Long Faw Company of China.

The project, which will last until 2016, aims to ensure stable income for fishermen as well as minimise losses during the process of purchasing and transporting.

The Nha Trang-based Phuc Minh Fisheries Co., Ltd. will be responsible for the purchasing of seafood, while Long Faw’s ship, the Yue Dian Bai 8366 will be allowed to enter Van Phong and Cam Rang ports in Khanh Hoa to load products for transport under the project.

The General Fisheries Department under the Ministry of Agriculture and Rural Development has granted a one-year licence of operation to the Yue Dian Bai 8366 as from September this year.-VNA