Denmark To Fund Vietnam Ocean Reserve Development
Representatives of the Vietnamese Fisheries Ministry and the Danish Embassy in Vietnam have signed a document pledging Danish funds to help Vietnam foster sea reserves as part of a 2005-2010 environmental cooperation program between the two governments.
Under the agreement, Denmark will assist Vietnam with the funds to construct and developing its sea reserves nationwide with the focus placed squarely on ensuring the stable livelihood of residents, mainly fishermen, who depend on the reserves.
Vietnam‘s Fisheries Ministry will spend some 100 billion Vietnamese Dong (about 6.3 million U.S. Dollars) on developing 15 sea reserves, including islands and sea territories around peninsulas in two northern regions, eight central regions, and two southern provinces in the 2006-2015 period.