Largest ever made-in-Vietnam bulk carrier ready to sail
A bulk carrier with the capacity of 65,000 deadweight tonnage (DWT), the largest ever built by a Vietnamese company, has completed sea trials and is ready to start operations from Hai Phong city, northern Vietnam.
The carrier is nearly 200 metres long and weighs 35,823 GT. Photo courtesy of People's Army newspaper.
The carrier was built by Nam Trieu Shipbuilding Company, a subsidiary of Shipbuilding Industry Corporation (SBIC), and handed over to Dong Bac Shipbuilding Industry JSC on Thursday.
The two companies also signed a contract to build two additional carriers with the same 65,000 DWT capacity.
The carrier was officially launched on May 11 and underwent sea trials on December 4.
It has an overall length of nearly 200 meters, a width of 32.26 meters and a gross tonnage (GT) of 35,823.
It was designed as a joint venture between Vietnam Shipbuilding Engineering JSC (VISEC) and Bluetech Finland Ltd, with many modern and advanced features comparable to similar vessels worldwide.
The carrier has been classified by the ClassNK, a Japanese ship classification society, as being able to operate in all international waters and meeting the requirements of all ports worldwide. The classification organization is dedicated to cleaner and safer seas across the world.
The agreement to build two more vessels will provide employment and improved incomes for local people. The building of the 65,000 DWT carrier series supports the Communist Party and the State’s strategy for developing Vietnam’s maritime economy.
- Read More
The return of once-high-profile Vietnamese tycoons draws market attention
A wave of comebacks by several once high-profile Vietnamese businessmen is drawing renewed attention from stock market investors, reviving memories of a turbulent period in the country’s corporate sector while raising fresh expectations about the role of business leaders in the post-crisis era.
Companies - Wed, May 20, 2026 | 10:28 am GMT+7
Standard Chartered sets out sustainable growth plan, targeting 18% return on tangible equity in 2030
Standard Chartered says it plans to invest ahead of long-term trends to maintain strong growth, boost productivity, further improve the quality of earnings, and maximize its competitive advantages.
Banking - Wed, May 20, 2026 | 9:43 am GMT+7
What makes Viet Ha Brewery attractive to investors?
Despite posting relatively modest business results, Viet Ha Investment and Trading JSC has attracted strong investor interest thanks to its large cash holdings, extensive land bank and a portfolio of real estate projects in Hanoi.
Companies - Tue, May 19, 2026 | 9:13 pm GMT+7
Hanoi commences work on $6.1 bln highway corridor, $199 mln waste-to-power projects
Hanoi on Tuesday broke ground on two major infrastructure projects worth a combined VND167.25 trillion ($6.3 billion), underscoring the capital’s push to modernize transport networks and expand environmental infrastructure amid rapid urbanization.
Infrastructure - Tue, May 19, 2026 | 8:34 pm GMT+7
VSIP gets nod to develop $26 mln industrial park phase 2 in central Vietnam
Nghe An province authorities have approved VSIP as the investor for the second phase of Tho Loc Industrial Park, with an estimated investment of VND688 billion ($26 million).
Industrial real estate - Tue, May 19, 2026 | 4:18 pm GMT+7
Geleximco plans $300 mln high-tech livestock, tea cultivation project in northern Vietnam
Geleximco is seeking approval to invest $300 million in a large-scale high-tech livestock and tea cultivation project in Vietnam’s northern mountainous province of Tuyen Quang, marking the conglomerate’s potential entry into the country’s rapidly expanding livestock sector.
Industries - Tue, May 19, 2026 | 2:39 pm GMT+7
Underground space emerges as Hanoi’s ‘new growth axis’
As land availability in Hanoi’s urban core becomes increasingly constrained, the Vietnamese capital is beginning to look underground for future expansion rather than continuing the outward urban sprawl that has defined its growth for decades.
Economy - Tue, May 19, 2026 | 2:12 pm GMT+7
Brokerage exec explains prolonged net selling trend by foreign investors
The Vietnamese stock market has continued to record net selling by foreign investors though FTSE Russell on April 7 confirmed the reclassification from frontier to secondary emerging status, effective from September 21, 2026.
Finance - Tue, May 19, 2026 | 12:39 pm GMT+7
Brokerage VNDirect set to return to growth path after 2024 cyberattack: chairwoman
Pham Minh Huong, chairwoman of VNDirect Securities, said the brokerage has spent the past two years rebuilding its technology, operations and governance systems to adapt to a changing market environment, particularly following a cyberattack in 2024.
Companies - Tue, May 19, 2026 | 11:27 am GMT+7
Vietnam’s private sector entering ‘a new bright phase’: report
Vietnam’s private sector has moved beyond a defensive phase and is preparing for a new period of expansion despite persistent challenges, according to a report by the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Tue, May 19, 2026 | 10:54 am GMT+7
Surging fuel prices put pressure on Vietnam’s aviation, logistics industries
Global fuel prices remain elevated amid ongoing geopolitical instability, placing direct pressure on Vietnam’s aviation and maritime transport businesses.
Economy - Tue, May 19, 2026 | 8:00 am GMT+7
State-controlled stocks rally, lift VN-Index to record high
A broad rally in Vietnamese state-controlled stocks including VCB (Vietcombank), BID (BIDV bank), PLX (Petrolimex), BSR (Binh Son Refining and Petrochemical JSC), and GAS (PV Gas) helped push the benchmark VN-Index to a record high on Monday, despite lingering concerns over weakening market breadth and slowing momentum.
Finance - Mon, May 18, 2026 | 8:31 pm GMT+7
Work begins on $2.25 bln LNG power project in central Vietnam
A consortium consisting PV Power - a subsidiary of state-owned Petrovietnam, Nghe An Sugar Co. Ltd. and South Korea’s SK Innovation has broken ground on the $2.25 billion Quynh Lap LNG-fired power project, located in Nghe An province, central Vietnam.
Energy - Mon, May 18, 2026 | 6:52 pm GMT+7
Foreigners eligible to buy housing at extra 6 projects in HCMC
Ho Chi Minh City authorities have added six more residential developments to the list of housing projects eligible for ownership by foreign individuals and organizations, as Vietnam’s largest economic hub seeks to attract additional international investment into its property market.
Real Estate - Mon, May 18, 2026 | 5:52 pm GMT+7
Masan’s WinCommerce speeds up northern Vietnam expansion as April revenue jump 27%
WinCommerce, the retail arm of Vietnamese conglomerate Masan Group (HoSE: MSN), reported strong sales growth in April as the company accelerated store expansion across northern and central regions.
Companies - Mon, May 18, 2026 | 4:18 pm GMT+7
Vietnam pushes to build groundwork for domestic high-speed rail technology capability by 2028
Vietnam is accelerating efforts to develop homegrown technological capabilities for its planned high-speed railway network as the government seeks to reduce dependence on foreign contractors and turn the multi-billion-dollar infrastructure program into a catalyst for industrial upgrading.
Investing - Mon, May 18, 2026 | 3:59 pm GMT+7
