THE GOVERNMENTDECREE No. 123/2006/ND-CP OF OCTOBER27, 200G, ON MANAGEMENT OF AQUATIC RESOURCE EXPLOITATION BY VIETNAMESEORGANIZATIONS AND INDIVIDUALS IN SEA AREASTHE GOVERNMENTPursuant to the December25, 2001 Law on OFyanization of ihu Government,Pursuant to the November 26, 2003 Law on Fisheries;At the proposal of the Minister ofFisheries,DECREES:Chapter IGENERAL PROVISIONSArticle 1.~ Governing scope and subjectsThis Decree provides for the management ofaquatic resource exploitation by Vietnamese organizationsand /ndividuals withinand outside Vietnams sea areas; division of sea areas and demarcation ofaquatic resource exploitation areas within Vietnams sea areas.When a relevant treaty towhich the Sociaust Republic of Vietnam is a contracting party containsprovisions different from those of this Decree, the provisions of that treatyshall apply.Article 2- Interpretation of terms1. Vietnams sea areas means sea areas under thesovereignty, sovereign right and jurisdiction of the Sociali...