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Shipbuilding Industry

SBIC to declare bankruptcy: MoT

SBIC to declare bankruptcy: MoT

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.
SBIC prepares for bankruptcy procedures from Q1 2024

SBIC prepares for bankruptcy procedures from Q1 2024

The Government has greenlit a bankruptcy resolution plan for the Shipbuilding Industry Corporation (SBIC) and its seven subsidiary companies.
DQS hands over gas tanker to domestic firm

DQS hands over gas tanker to domestic firm

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.   
Phuc encourages Dutch investment in Viet Nam

Phuc encourages Dutch investment in Viet Nam

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.
Dung Quat shipbuilding company may declare bankruptcy

Dung Quat shipbuilding company may declare bankruptcy

Dung Quat Shipbuilding Industry Co. Ltd (DQS) may declare bankruptcy, one of the possible solutions for the company, due to the huge losses it has incurred over the past years.
Vinashin to sell entire stake in PV Shipyard

Vinashin to sell entire stake in PV Shipyard

Shipbuilding Industry Corporation (SBIC), previously known as Vinashin, will sell its entire holding of nearly 4.48 million shares, equivalent to 7.53 per cent stake, in PetroVietnam Marine Shipyard (PV Shipyard).
Viet Nam, Russia eye shipbuilding ties

Viet Nam, Russia eye shipbuilding ties

There were untapped potentials for Russia and Viet Nam to further co-operate in the shipbuilding industry, Maxim N Kochetkov said.
PM approves sale of 70% of Damen Song Cam Shipyard

PM approves sale of 70% of Damen Song Cam Shipyard

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.
Netherlands Damen eyes 49% stake in Ha Long Shipyard

Netherlands' Damen eyes 49% stake in Ha Long Shipyard

Well-known shipbuilding firm Damen of the Netherlands is expected to buy a 49 per cent stake in the Ha Long shipbuilding company, the Shipbuilding Industry Corporation (SBIC) said.
SBIC reports encouraging results, despite losses: Minister

SBIC reports encouraging results, despite losses: Minister

The state-run Shipbuilding Industry Corporation (SBIC) successfully restructured US$135 million of its foreign debt and VND16.61 trillion ($790.95 million) of its domestic debt in 2014, CEO Vu Anh Tuan revealed.
Samsung may help revive ship industry

Samsung may help revive ship industry

The Government has called on relevant bodies to accelerate co-ordination efforts with the Samsung group to restructure domestic shipbuilding activities.
SBIC signs MoU with Damen Group

SBIC signs MoU with Damen Group

The Shipbuilding Industry Corporation (SBIC) has signed a memorandum of understanding with Damen, one of the leading shipyard groups of the Netherlands, to develop business cooperation.
New shipbuilding firm to begin operations

New shipbuilding firm to begin operations

The Shipbuilding Industry Corporation (SBIC) begins operations this month as part of the restructuring of the heavily indebted Viet Nam Shipbuilding Industry Group (Vinashin).
Shipbuilders start work on 4 tugs

Shipbuilders start work on 4 tugs

The Ha Long Shipbuilding Co Ltd, a member of the Viet Nam Shipbuilding Industry Group (Vinashin), started work on Wednesday on the construction of four tugs for Damen Shipyards Group of Holland.