about 20 years ago
Vietnam Shipbuilding Industry Group, or Vinashin, has obtained the Government’s approval for upgrading the Pha Rung Shipyard in the northern port city of Hai Phong, according to a decision on Monday. Under the decision signed by deputy Prime Minister Nguyen Sinh Hung, Vinashin will spend take out St
Vietnam Shipbuilding Industry Group, or Vinashin, has obtained the Government’s approval for upgrading the Pha Rung Shipyard in the northern port city of Hai Phong, according to a decision on Monday.
Under the decision signed by deputy Prime Minister Nguyen Sinh Hung, Vinashin will spend take out State credits of VND600bil (US$37.5mil) to scale up the existing shipyard, enabling it to build large ships of up to 70,000DWT. The shipyard will also be able to repair vessels of 16,000DWT.
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