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Date: 29 - 31 July 2020
Venue : National Exhibition Construction Center (NECC)
Country: Vietnam

With its long coastline, strategic location and skilled low-cost labour force, Vietnam is an interesting locationfor maritime companies producing for third world markets and holds big opportunities for equipmentsuppliers. Several major international companies are already active in Vietnam’s main centres for shipbuilding:Hai Phong, Da Nang and Ho Chi Minh City. Vietnam also has an extensive port infrastructure with over 120ports, of which 37 ports can accommodate ocean cargo vessels. With an average annual export growth of12% the port infrastructure is in continuous development to facilitate this trend.

ABOUT VIETNAM’S SHIPBUILDING INDUSTRY
With a coastline of 3260 km (excluding islands) on theGulf of Tonkin, the South Chinese Sea and the Gulf ofThailand, the natural resources in Vietnam provide agood basis for marine activity. Vietnam is one of theworld’s largest shipbuilding country and the industry isone of the main priority sectors of the government ofVietnam.
According to the Law on Investment Article 16.1c,ship-building is one of the sectors that can be eligiblefor so called ‘investment incentives’. From that articlecan be derived that ship-building is one of the prioritysectors for the Vietnamese government. The countryhas 20 major domestic shipyards owned by the Ministriesof Transport, Defence and Agriculture. Furthermorethere are 8 foreign shipyards active in Vietnam thathaveestablished joint-venture operations with a Vietnameseshipyard. Among the foreign shipyards is Damen, whichhas established a joint-venture with SBIC’s Song Camshipyard. Despite the grave impact of the economicdownturn on the shipbuilding industry in Vietnam, itremains a promising sector, in particular with regard toshipbuilding technology and equipment.