Vietnam Faces Up To The Challenge

摘要

Shipbuilders the world over have faced challenging times in 2008, but the brunt has been felt by those yards developing completely new facilities. The Government of Vietnam has prioritised shipbuilding as an integral part of its industrialisation strategy. Some US$750m raised in the nations first sovereign bond for the international market, in 2005, was given to state-owned shipbuilder Vinashin (Vietnam Shipbuilding Industry Group) for development purposes. By 2015, Vietnam's shipbuilding industry set its sights on the number four slot in world rankings.