A process has been started to allow the Vietnam Shipbuilding Industry Corporation (SBIC) to declare bankruptcy, according to the deputy minister of transport Nguyễn Xuân Sang.
Viet Nam is currently making efforts to modernise shipbuilding and the shipping industry to increase quality with reasonable cost, save energy and minimise pollution.
More than 200 domestic and international companies and brands are showcasing all aspects of shipbuilding, marine services and engineering, marine equipment, and port and supply chain management solutions at the 7th International Maritime Expo that opened in HCM City on Wednesday.
An oil and chemical tanker with a capacity of 6,500 tonnes was delivered to a company from the Republic of Korea (RoK) in the northern port city of Hai Phong on Monday.
The central coastal province of Khanh Hoa has seen considerable development in recent times, which is partly attributable to its three sea bays – Nha Trang, Cam Ranh and Van Phong.
The three-day event will witness the participation of nearly 100 businesses, including those from foreign countries with developed maritime industries, such as Japan, South Korea, Singapore and China, as well as India, Germany, the US, Norway and the Netherlands.
Vietship 2018 will be held this year when signs of recovery are being shown by the world marine and shipbuilding industry, after suffering the impact of the global economic crisis.
The tanker, named Vispring 3668, was built under a contract signed between the two companies last year. It is 60m long, 4.5m high and 11m wide, and is capable of carrying 1,200 cu.m of gas.
The 9th International Exhibition of Shipbuilding, Shipping, and Offshore Technology (Vietship 2018) will return to the capital early next year, the event’s organisers announced on Thursday.
Prime Minister Nguyen Xuan Phuc on Monday assured Dutch firms that Viet Nam was making a concerted effort to build a development-facilitating, transparent government, and favourable conditions for businesses.