15 Thi Sach Street, Thang Tam Ward, Bia Ria Vung Tau Province, Vung Tau City, Vietnam

INDUSTRY FACTS

Vietnam is ranked 5th in the world for Shipbuilding
Vietnam has entered the shipbuilding stage and is ranked 5th in the world for shipbuilding. The country’s government has declared the sector one of its priorities and is investing in increasing its output capacity as well as the technology level of the sector. (Source: Clarksons/ CESA)

Vietnam’s Marine & Shipbuilding Related Investments to speed up
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. NASICO now has 13 member companies and the number will be increased to 28 members in the coming time. NASICO has signed many new contracts that ensure jobs for more than 5,000 workers until 2016.

FACTS OF VUNG TAU

Vung Tau Is Strong In Oil & Gas Development And Shipbuilding.
Vung Tauis located in the south of Vietnam (just an hour boat ride from HoChiMinh City), situated at the tip of a small peninsula. It plays a significant role in Vietnam's offshore oil industry. Vung Tau is the only petroleum base of Vietnam where crude oil and natural gas exploitation activities dominate the city's economy and contribute principal income to Vietnam's budget and export volume. In addition, Vung Tau is also strong in shipbuilding with over 50 seaports which are invested by the shipping and marine terminal operators group in the world such as PSA (Singapore); Hurchison (Hong Kong, China); Maersk (Denmark); SSA Marine (USA); CMA-CGM (France); Yang Ming (Taiwan - Chinese) ...since the government has a policy of relocating the inner harbor in Ho Chi Minh City, Ba Ria-Vung Tau seaport became the center of the Southeast region, the port group No. 05 include: Ho Chi Minh City, Dong Nai and Ba Ria-Vung Tau. The major ports focused primarily on the ThiVai River. Saigon Port and Ba Son factory relocation and construction are major seaport in here. ThiVai River flows ensures deep capacity ships docked on 50,000 tons. The container ship over 100,000 tons were landed BRVT can go straight to Europe, America. So far, the province has 24/52 ports went into operation, the remaining ports are in the process of planning and construction. Ba RiaVung Tau Province is the gateway for the Southern region, located near the international maritime and port provinces with Vietnam.

Developmental Vision For Maritime Shipbuilding Industry In Vung Tau
With the sea mouth and own over 50 seaports, VungTau has an ideal condition for the shipbuilding industry and sea transportation. On 7th March 2014, Vietnam Maritime Administration and Associates Saigon Port - PTSC - PM - Vinacom signed leases exploit harbor ThiVai International General under the approval of the Ministry of Transport in 172/QD-BGTVT Decision dated 17th January 2014 regarding the approval of the evaluation results Bids Package 2 "Option mining lessee aggregate national harbor ThiVai International ". CaiMep - ThiVai international port is the first project the Government of Vietnam port operators selected through open bidding forms in the country.about management and flow of maritime port, proceed to break down the monopoly, increased competition, improve service quality and generate breakthrough for enterprises of Vietnam port operators meet Vietnam's commitments after joining the World Trade Organization (WTO).