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Haiphong, Shipbuilding Center of Vietnam

Maritime Activity Reports, Inc.

January 4, 2007

Haiphong has been long viewed as a cradle of the Vietnamese ship building industry with such well-known names as Bach Thai Buoi and Nguyen Huu Thu in the past and Bach Dang, Nam Trieu, Pha Rung and Ben Kien today. Annually, shipbuilding firms in Haiphong city accounts for about 50% of the whole sector’s capacity. The city has continued to assert itself as a centre for building new ships and repairing large tonnage ships.

Welding material production line at Nam Trieu By 2010, Vinashin is expected to invest nearly VND 4,000 billion in shipbuilding establishments in Haiphong, raising capacity for building new ships and repairing ships with a view to earning revenue of VND 8,000 billion. Accordingly, big shipbuilding factories in the city will be expanded and restructured to the model of parent companies to form shipbuilding industry groups.

Bach Dang Shipbuilding Corporation has invested in a modern production line to manufacture ship hulls in order to provide semifinished products to other shipbuilding factories. Pha Rung Shipbuilding Corporation’s project on expanding and raising production capacity in Minh Duc town, Thuy Nguyen district has been also approved. NASICO is forming a new production system to build the second 70,000-tonne ship beam and a 300-metre wharf.

In early 2006, Bach Dang Shipbuilding Corporation built a plant to manufacture and assemble diesel engines at An Hong Industrial Park with an investment capital of more than VND 500 billion, the first of its kind in Vietnam. About 300 engines are expected to be manufactured a year.

With its great potential, Haiphong is creating a new momentum to become a new shipbuilding center of the country.

Source: Nan Dhan

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