Prime Minister Nguyen Tan Dung accepted the proposal of the
Shipbuilding Industry Corporation (SBIC) to sell 70 per cent of Damen
Song Cam Shipyard to the Netherlands'' Damen Shipyards Group.
The Transport Ministry has proposed that Shipbuilding Industry
Corporation (SBIC) be allowed to sell 70 per cent of shares at Song Cam
Shipbuilding Joint Stock Company to Damen Shipyards Group.
The Netherlands'' Damen Shipyards Group is expected to buy at least 70
per cent of the stakes of Song Cam Shipbuilding Joint Stock Company,
reported VnExpress online.
The Damen-Song Cam Shipyard Company Ltd inaugurated the first phase of
its shipbuilding factory in Thuy Nguyen District in the northern port
city of Hai Phong on March 20.