Fate Bankrupt Website vinashin.com.vn | Headquarters Vietnam Founded 1996 | |
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Subsidiaries Vinakita Naval Architecture JVC Ltd | ||
Vinashin con t u kh ng b n ph n 1
Vinashin is a state-owned shipbuilding firm in Vietnam. Vinashin was one of Vietnam's leading industrial concerns, and entered into a partnership with Damen, Kongsberg, and Hyundai. Vinashin was heavily indebted, and executives have been arrested for mismanagement. but it has been claimed that further restructuring would allow debts to be repaid within a year. Vinashin folded under a debt burden of $4.5 billion in 2010; as of March 2011, it was being restructured.
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Vinashin qu m th p
Ports
Vinashin operated several ports and shipyards around Vietnam.
In August 2010, Damen Vinashin began construction on a new shipyard on a 42 hectare site in Haiphong
Ships built
Vinashin constructed both merchant ships and military ships. A number of ships in the Vietnam People's Navy were built by Vinashin.
Merchant ship construction included dry cargo, tankers, lash carriers, and passenger vessels.
Vinashin was the largest shipbuilder in Vietnam, accounting for approximately 80% of shipbuilding capacity.