Pursuant to Clause 2, Article 13 Decree 40/2017/ND-CP on encouraging the application of science and technology as follows:

Encourage the application of science and technology

1. The state budget supports households, individuals, cooperatives, and cooperative groups with funding to build a model of linkage to apply advanced science and technology and adapt to climate change in Salt production is as follows:

a) Building a demonstration model linking the application of advanced science and technology and adaptation to climate change in salt production with support for the cost of purchasing tools, mechanical machines, equipment and essential supplies ;

b) Support 100% of training costs, model training and costs for agricultural information and propaganda activities according to current State regulations;

c) Funding sources, support levels and support mechanisms are implemented according to plans, programs, projects on agricultural extension and guiding documents.

2. Organizations, households, and individuals investing in salt storage, salt production machines and equipment, machine lines, and salt processing equipment are supported:

a) 100% loan interest rate in the first two years, 50% interest rate in the third year, maximum loan amount is 100% of the investment value of salt production equipment;

b) Support for the difference between commercial loan interest rates for medium-term and long-term loans in Vietnamese Dong and the State's development investment credit interest rates to implement machine line investment projects , salt processing equipment, maximum loan amount equal to 70% of project value, loan term not to exceed 12 years;

c) Funding sources and support mechanisms comply with the Government's regulations on support policies to reduce losses in agriculture.

Thus, organizations, households, and individuals investing in salt storage, salt production machines and equipment, machine lines, and salt processing equipment are supported as follows:

- 100% loan interest rate in the first two years, 50% interest rate in the third year, maximum loan amount 100% of investment value of salt production equipment;

- Support the difference between commercial loan interest rates for medium-term and long-term loans in Vietnamese Dong and the State's development investment credit interest rates to implement machine line investment projects, salt processing equipment, maximum loan amount equal to 70% of project value, loan term not to exceed 12 years;

- Funding sources and support mechanisms comply with the Government's regulations on support policies to reduce losses in agriculture.