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Vietnamnet Bridge News

24 Dec 2016

Vietnam to Tap Waterways Transport Potential

The total length of waterways that can be exploited is 17,000 kilometers, of which 9,000 kilometers are capable of receiving vessels with tonnage of over 100 tons, VietNamNet Bridge reported. Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths. The Ministry of Transport estimates that Vietnam needs $600 million to upgrade the waterway transport network by 2020. UNESCO lists Vietnam among the 10 countries with the densest waterway transport network. But Vietnam has not paid appropriate attention to developing waterway transport for many years.

14 Jan 2015

Vietnam to Protect Domestic Fleet

Vietnam says no to foreign firms to provide container transportation service on domestic routes, says a report published in VietNamNet Bridge. The Vietnam Maritime Bureau (Vinamarine) has sent a dispatch to the Ministry of Transport (MOT) seeking to continue policies to protect its fleet in the domestic transportation market. The increase in the number of vessels and the unchanged volume of goods are the two reasons it cited as a basis for the proposal. Earlier in 2013, Vietnam imposed a ban on foreign firms. However, the decision did not specify whether the ban would be removed in the future, or if would be valid for an indefinite time. There have been reports that a foreign shipping firm has been lobbying for their return to the domestic market.

03 Jan 2014

Vietnam's First Kilo-class Submarine Arrives Cam Ranh Port

Vietnam PM on earlier visit to submarine Hanoi: Photo credit the shipbuilder

Vietnam’s first Kilo-class submarine named 'Hanoi' has arrived at the Cam Ranh Port in Khanh Hoa Province after a six week voyage from a Russian shipyard aboard the semi-submersible carrier 'Rolldock Sea', reports VietNamNet Bridge. The Kilo-636 submarine, is the first of the six 636 Varshavyanka (kilo)-class submarines run by diesel power that Vietnam is buying from Russia to modernise its navy, to enhance its capacity to defend the country’s territorial waters. The submarines are being built at Admiralty Verfi Shipyards in St. Petersburg.

05 Mar 2013

Vietnam Lumbered with Old Ships

Vietnam's Ministry of Transport (MOT) propose law be amended to enable scrapping of some 22 Vietnam owned ships flying flags of convenience. According to VietnamNet Bridge a recently released MOT report showed that there are many state-owned and private ships berthed in Vietnam, which cannot be made commercial use of any longer because they do meet maritime safety requirements. The ministry believes that it would be better to demolish the ships and sell them, however, the country's current valid Environment Protection Law prohibits legal entities to import into Vietnam used transport vehicles for demolishment. Some years ago, when the sea shipping industry was in its golden age…

26 Oct 2010

New Vietnam Shipbuilding Group to be Lauched

According to a report from the VietnamNet Bridge, Deputy Prime Minister Nguyen Sinh Hung said a new Vietnam Shipbuilding Industry Group, Vinashin, will be unveiled this month or early November. The new shipbuilding group will focus on its core business, which are shipbuilding and repairing; supporting industries for shipbuilding; and providing training courses in the field. (Source: VietnamNet Bridge)

08 Oct 2010

Troubled Shipbuilder has Another New Chief

According to a report from VietNamNet Bridge, there has been yet another change at the top at the Vietnam Shipbuilding Industry Corporation, with Truong Van Tuyen taking over as general director from acting chief Nguyen Quoc Anh. Tuyen, is a former general director of the state-owned Vietnam Oil and Gas Group (PetroVietnam) and the current head of the Dung Quat oil refinery. Anh had taken over from Tran Quang Vu August 30 after the latter was suspended and then arrested on charges of mismanaging state assets while serving as the head of a Vinashin subsidiary in the early 2000s. (Source: VietNamNet Bridge)

19 Apr 2006

Vietnam to Build First Tanker

The tanker, named Dung Quat No 1 is scheduled for launch in 2007, the VietNamNet Bridge reported. The Infrastructure Development and Construction Corporation (Licogi) and Contex Construction Company (belonging to Vinashin) are working to acquire the necessary mechanical equipment to build a dry dock 380 x 90 x 15m. Such a dry dock is necessary for construction and repair of vessels of up to 300,000 tonnes. The main dock infrastructure will be completed in June, so that Vinashin can begin building the first 100,000 tonne oil tanker this July. Vinashin is now seeking supply of 4,000 tonnes of steel and iron. The corporation is also hiring 100 qualified engineers from local enterprises and 20 foreign experts from the Republic of Korea and Poland to advise on the project.