VN shipping industry targets 10% world market share
07:20 | 28/02/2008
VNGOP – In the press briefing on February 27 to introduce the 4th International Shipbuilding, Maritime and Transport Expo-Vietship 2008, Mr. Nguyễn Quốc Ánh, Business General Director of the Việt Nam Shipping Industry Corporation (Vinashin), informed that Việt Nam ranked in the top-five of biggest ship-builders in 2007.


Launching the 20,000-ton Vinashin Bay - Photo: VNGOP

Vietship-2008 will be opened in Hà Nội on March 11-13. This is a big event of the world’s shipbuilding industry, presenting over 600 stalls of 400 companies among them two thirds come from the countries with advanced shipping industry.

"Vietship-2008 is a good chance for Việt Nam’s shipping industry to approach to new environmentally-friendly technologies,” said Mr. Ánh, adding that the event is a forum for domestic enterprises to increase their channels for capital mobilization in order to fulfill the goal of holding 10% of the world market share through clean technologies.

Last year, Vinashin handed over two 53,000-ton vessels and launched four others in the series of Diamond ships exported to the United Kingdom. By December 2007, the total value of the contracts inked between Vinashin and foreign partners (Japan, Republic of Korea, UK, the Netherlands, and Denmark) reached US $12 billion.

Vinashin plans to provide 65% domestically-built ships by 2020.

By Nguyên Hồ

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