Vinashin exports wood carrying ship to Taiwan

The Sai Gon Shipbuilding Industry Company (SSIC), a member of Vinashin, on July 20 handed over the ship “New Lucky VII” to its owner, Franbo Lines Corp. of Taiwan (China) and inaugurated the largest dry dock in southern Vietnam. The 6,850-tonne New Lucky VII, a cargo ship with a special function of transporting timber products, [...]

9,200-tonne container ship handed over to German partner

Ben Kien Ship Yard Company in Hai Phong on July 15 organised a ceremony to hand over a 9,200-tonne container ship named HC MELINA to Germany’s Hanse Capital Group. The ship, which measures 129.4m in length and 17m in width, can run at 14.7 nautical miles per hour. Its equipment meets the latest international maritime [...]

Vietnam seeks India’s cooperation in capacity building

To strengthen defence cooperation, Vietnam”s Navy chief and deputy minister Vice Admiral Nguyen Van Hien today met his Indian counterpart Admiral Nirmal Verma here. The Vietnamese Navy chief also sought India”s cooperation in building the capabilities of his force, Navy officials said here. Hien, who arrived in the country on June 24, has already visited [...]

French businesses visit Vietnam’s shipbuilding companies

A delegation of seven French businesses will arrive in Vietnam on June 20 for a three day visit learn more about Vietnam’s ship building industry, according to the French embassy in Hanoi. The working visit aims to strengthen cooperation between French and Vietnamese businesses to develop sustainable partnerships and cooperate in trade, industry and technology. [...]

Yachts for Vietnam

While industrial shipbuilding may be passé, some investors believe that Vietnam has the potential to develop a yacht industry, capitalising on the emergence of a new class of wealthy business owners. Rescue crews lift the tourist boat ‘Dream Voyage’ that sank killing 12 passengers the previous day in the waters of Halong Bay in the [...]

Vinashin seeks 90% debt forgiveness on defaulted Vietnam bonds

Vietnam Shipbuilding Industry Group, the state-owned company with more than $4 billion of debt, asked holders of a local-currency bond it defaulted on in April to write off as much as 90% of the money owed Vietnam Shipbuilding Industry Group, the state-owned company with more than $4 billion of debt, asked holders of a local-currency [...]

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