Vietnam: France to help Vietnam's offshore fishing industry.

Section: Business News - Vietnam 's 3,000 high-sea fishing ships will be installed with locating devices, ensuring safety for fishermen and helping them increase production, thanks to a new project between Vietnam and France .

Under the project on monitoring fishing vessels by satellite project signed in Paris on Feb. 16, France 's Collecte Localisiation Satellite (CLS) Company will supply equipment, transfer installation technology and provide training for Vietnamese officials in using the equipment.

The project worth 13.9 million EUR will be carried out from 2011-2014 with the use of the French government's official development assistance loans.

Thanks to …