A Short Communication for Shipbuilding Industry in Vietnam

Dinh Tuyen Nguyen and Danh Chan Nguyen
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Dinh Tuyen Nguyen: Ho Chi Minh city University of Transport, Ho Chi Minh city, Vietnam
Danh Chan Nguyen: Ho Chi Minh city University of Transport, Ho Chi Minh city, Vietnam

European Journal of Engineering and Technology Research, 2019, vol. 4, issue 4, 90-94

Abstract: According to Shipbuilding Industry Corporation (SBIC), in 2017, shipbuilding value reached more than VND 3,071 billion, equal to 69% of the plan. Other fields have increased significantly, such as: Ship repair reached VND 488.3 billion, equal to 125% of the plan; supporting industry reached VND 264.5 billion, equal to 123% of the plan. Although shipbuilding has not reached the plan, but looking back on the period from 2008 to now, this field is always in a situation of hardship and bottomless decline because of lack of jobs, these are quite satisfactory numbers. The cause of the decline is due to the world shipping and shipbuilding industry has experienced an extremely difficult period due to the heavy influence of the world economic crisis from 2008 up to now. The Vietnamese shipbuilding and shipping industry is also not out of that situation. For the shipbuilding industry to develop, specific policies, with specific support addresses, are needed, which are well-designed and visionary shipbuilding development programs.

Keywords: Shipbuilding; Industry; Material (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:epw:ejeng0:v:4:y:2019:i:4:id:61255

DOI: 10.24018/ejeng.2019.4.4.1255

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