Binh Dinh News

Vietnam's foreign minister has asked his Indonesian counterpart to investigate and clarify reports that the Indonesian navy shot and wounded two Vietnamese fishermen in the South China Sea, the foreign ministry said on Friday. Pham Binh Minh told Indonesian foreign minister Retno Marsudi by telephone that the reported incident was "very serious ... and not appropriate with the strategic partnership relationship between Vietnam and Indonesia," the Vietnamese foreign ministry said in a statement. "Vietnam is deeply concerned about this incident and proposes Indonesia to quickly investigate and clarify the incident and inform Vietnam of the results and to stop repeating similar acts," Minh was quoting as saying.

Hong Kong-flagged cargo ship, Rich Better, collided with and sank Vietnamese squid boat BD 96660 in the East Vietnam Sea on August 2, 2016. According to Tuoi Tre News, six Vietnamese sailors are safe and being taken to mainland China to await pick-up by Vietnam’s authorities. The Vietnam Maritime Search and Rescue Coordination Center (MRCC) confirmed the six aboard boat BD 96660, which was hit and submerged by Hong Kong cargo ship Rich Better in the East Vietnam Sea, had been rescued by the Hong Kong vessel and were on the way to Shanghai. According to the Vietnam MRCC, Rich Better collided with the Vietnamese boat at coordinates 12.17oN 110.38oE, 85 nautical miles east off Nha Trang City in south-central Vietnam, at around 9:00 pm on Tuesday while the former was on its way to Shanghai.

Vinashin Shipbuilding Industry Corp. ex-officials in appeal against sentences for losses to the state budget of VND910 billion (US$43.5-million). Shipbuilding giant Vinashin, a state-owned company founded in 1996, came to the verge of bankruptcy in 2009 after accumulating an enormous debt of over $4.11 billion. The government later introduced reforms to get the embattled shipbuilder back on track. The Supreme People’s Court opened the hearing to consider the appeals of eight out of the nine defendants who had been sentenced by the Hai Phong city people’s Court in March for “intentionally violating the State’s economic management regulations, which causes serious consequences”. Among the eight is Pham Thanh Binh, former Vinashin chairman, 59, who has been sentenced to 20 years in prison.

During the ‘golden age’, the Hoai Nhon Seafood Joint-Stock Co received 15-20 contracts every year to build vessels of over 90HP. However the age lasted all of five years, from 1998 to 2002. In the last three years it has had just 7-8 orders. (Source: News)

Reports indicate that Vietnam Shipbuilding Industry Corporation (Vinashin) signed 18 contracts worth more than $400 million at VietShip in Hanoi yesterday, showing the growing interest in the country’s shipbuilding industry. Under the contracts, Vina-shin will supply three 8,700-DWT ships to Kanematsu of Japan and ten 4,600-DWT ships to Clipper of Denmark. Vinashin deputy general director Le Loc said Vinashin and the Chinese company Camso had signed a US$200-million contract to build a shipyard in the Nhon Hoi Economic Zone in the central province of Binh Dinh. Vinashin also secured contracts with the two local companies, Northern Food Corporation and Southern Food Corporation for rice shipments to the Philippines, Cuba and Scandinavian countries.

Reports indicate that the Vietnam Shipbuilding Industry Corporation (Vinashin) inked 18 contracts with both domestic and foreign partners in Ha Noi on Feb. 22. The contracts, signed within the framework of the 3rd International Exhibition on Shipbuilding, Marine Technology and Transportation, include deals to supply three 8,700-ton ships to Japan and ten 4,600-tonne ships to Denmark, together worth nearly 300 million USD. A $200 million project to build a shipbuilding yard in southern Binh Dinh province was signed between the Vinashin and its Chinese partner, the CAMCO company. Vinashin also entered contracts with two local companies for rice shipments to the Philippines, Cuba and Scandinavian countries.