Viet Nam ambitious to become world fourth largest shipbuilder

The Viet Nam Shipbuilding Industry Group (Vinashin Group) will exert an all-out effort to make the country the world’s fourth largest shipbuilder by 2015.
President and CEO of Vinashin Group Pham Thanh Binh spoke about the plan at a ceremony in Ha Noi on July 8 to announce the Prime Minister’s decision on the establishment of the Vinashin Group and to mark the 10th founding anniversary of the Viet Nam Shipbuilding Industry Corporation (Vinashin), the predecessor of the Vinashin Group.