Largest made-in-Vietnam bulk carrier launched

By Vietnam News Agency
Mon, May 13, 2024 | 10:10 pm GMT+7

The largest-ever made-in-Vietnam bulk carrier was launched by Nam Trieu Shipbuilding Co Ltd in the northern port city of Hai Phong on Saturday.

The 65,000 DWT Truong Minh Dream 01 was built by Vietnamese engineers and workers under the supervision by Japanese NK Registration.

The 65,000 DWT Truong Minh Dream 01 was launched on May 11, 2024. Photo courtesy of Giao thong (Transport) newspaper.

The 65,000 DWT Truong Minh Dream 01 was launched on May 11, 2024. Photo courtesy of Giao thong (Transport) newspaper.

The 199.99-metre-long ship was designed by the Vietnam Shipbuilding Engineering Company (Visec) and Bluetech Finland Ltd – a specialist in cargo ship design.

According to Nguyen Van Chi, director of Dong Bac Shipping Industry JSC, the operator of the vessel, it belongs to the most modern class of its kind in terms of resistance, propulsion, fuel consumption and carbon emissions.

The ship meets stringent requirements of the port administrations in the U.S., Europe and Australia, he said.

Comments (0)
  • Read More
VPBank CEO defends higher bad debt as trade-off for growth

VPBank CEO defends higher bad debt as trade-off for growth

Vietnam’s private lender VPBank is willing to tolerate a higher bad debt ratio as a trade-off for growth, reflecting its distinct business model and focus on higher-yield segments, its CEO said.

Banking - Thu, April 23, 2026 | 2:13 pm GMT+7

Diversifying export markets ‘golden key’ for Vietnamese firms: CEO

Diversifying export markets ‘golden key’ for Vietnamese firms: CEO

Expanding into alternative export markets such as India and the Middle East could prove a “golden key” for Vietnamese businesses, as demand in these regions remains strong and entry requirements are less stringent than in the U.S., according to Nguyen Tuan Viet, CEO of Vietgo, an im-export consultancy company.

Economy - Thu, April 23, 2026 | 11:39 am GMT+7

Vietnam banks face tightening margins, liquidity pressures in 2026

Vietnam banks face tightening margins, liquidity pressures in 2026

Vietnam’s banking sector is entering a period of heightened selectivity in 2026, with capital strength and liquidity management emerging as decisive factors separating lenders able to expand from those forced to scale back operations.

Banking - Thu, April 23, 2026 | 8:17 am GMT+7

Russia’s Novatek eyes LNG investment opportunities in central Vietnam

Russia’s Novatek eyes LNG investment opportunities in central Vietnam

Novatek, Russia's leading natural gas producer, is exploring investment opportunities in Vietnam’s LNG sector, with a particular focus on Thanh Hoa province.

Energy - Wed, April 22, 2026 | 10:52 pm GMT+7

Vingroup’s VinDynamics partners Schaeffler to develop humanoid robot components

Vingroup’s VinDynamics partners Schaeffler to develop humanoid robot components

VinDynamics, a tech arm of Vietnam’s conglomerate Vingroup (HoSE: VIC), has signed an MoU with Germany’s motion technology firm Schaeffler to jointly develop key components for humanoid robots.

Companies - Wed, April 22, 2026 | 4:23 pm GMT+7

Vietnam’s top dairy producer Vinamilk targets modest growth as weak dairy demand persists

Vietnam’s top dairy producer Vinamilk targets modest growth as weak dairy demand persists

Vinamilk (HoSE: VNM) set cautious growth targets for 2026, as it navigates weak consumer demand and rising input costs despite a strong start to the year.

Companies - Wed, April 22, 2026 | 4:09 pm GMT+7

Vietnam targets over 6,500 km of expressways by 2030: minister

Vietnam targets over 6,500 km of expressways by 2030: minister

Vietnam aims to complete 6,539 kilometers of expressways by 2030, nearly doubling the current network of about 3,345 km already in operation, Minister of Construction Tran Hong Minh said.

Infrastructure - Wed, April 22, 2026 | 3:28 pm GMT+7

Labeling real estate as ‘high-risk’ inappropriate: association head

Labeling real estate as ‘high-risk’ inappropriate: association head

Vietnam’s long-standing classification of real estate as a high-risk sector in credit policy is improper and may be distorting the market, according to Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association (HoREA).

Real Estate - Wed, April 22, 2026 | 3:18 pm GMT+7

Foreign outflows in Vietnam’s stock market to ease from mid-2026: brokerage CEO

Foreign outflows in Vietnam’s stock market to ease from mid-2026: brokerage CEO

Net foreign selling on Vietnam’s stock market is expected to ease and potentially reverse from mid-2026 as macro conditions stabilize and prospects for a market status upgrade become clearer, CEO of An Binh Securities (ABS) said.

Finance - Wed, April 22, 2026 | 12:34 pm GMT+7

10% crude oil price hike could trim Vietnam’s growth by 0.4%: finance minister

10% crude oil price hike could trim Vietnam’s growth by 0.4%: finance minister

A 10% increase in crude oil prices could reduce Vietnam’s economic growth by about 0.4% and push inflation up by around 0.5%, Minister of Finance Ngo Van Tuan said on Tuesday.

Economy - Wed, April 22, 2026 | 11:45 am GMT+7

Vincom Retail reverses course, proposes cash dividend ahead of AGM

Vincom Retail reverses course, proposes cash dividend ahead of AGM

Vincom Retail, a subsidiary of Vingroup, has proposed a cash dividend for 2026, reversing an earlier plan to retain earnings, as the company prepares for its annual general meeting on Thursday.

Companies - Wed, April 22, 2026 | 8:17 am GMT+7

VinFast overtakes Tesla as Q1 best-selling battery electric vehicle brands in Philippines

VinFast overtakes Tesla as Q1 best-selling battery electric vehicle brands in Philippines

VinFast, the EV subsidiary of Vietnam’s conglomerate Vingroup, has surpassed Tesla to be the best-selling battery electric vehicle (BEV) brand in the Phillipines in the first quarter of 2026.

Companies - Tue, April 21, 2026 | 9:05 pm GMT+7

Usilk City urban area project case in Hanoi referred to police for investigation over alleged violations

Usilk City urban area project case in Hanoi referred to police for investigation over alleged violations

Vietnam's Government Inspectorate has decided to refer the case related to the expanded Van Khe urban area project (Usilk City) to the Ministry of Public Security for investigation and handling in accordance with the law, after identifying a number of wrongdoings.

Real Estate - Tue, April 21, 2026 | 5:12 pm GMT+7

ACV proposes shifting most international flights from Tan Son Nhat to Long Thanh by 2027

ACV proposes shifting most international flights from Tan Son Nhat to Long Thanh by 2027

Airports Corporation of Vietnam (ACV) has proposed shifting the bulk of international flights from Tan Son Nhat International Airport in Ho Chi Minh City to the Long Thanh International Airport in neighboring Dong Nai province under a phased plan that could see more than 90% of international passenger traffic handled by the new airport as early as 2027.

Economy - Tue, April 21, 2026 | 5:03 pm GMT+7

Tasco chairman outlines growth plan as shareholders lament losses

Tasco chairman outlines growth plan as shareholders lament losses

Shareholders of Tasco JSC voiced concerns at the firm’s annual general meeting on Monday after "holding HUT shares for three years without breaking even", prompting chairman Vu Dinh Do to outline key priorities for the company’s next phase of growth.

Companies - Tue, April 21, 2026 | 3:22 pm GMT+7

More than a marathon: How Carlsberg Vietnam runs together to build a stronger growth culture

More than a marathon: How Carlsberg Vietnam runs together to build a stronger growth culture

For the fifth consecutive year, Carlsberg Vietnam, together with its iconic Huda brand, returned as one of the main sponsors of VnExpress Marathon Hue 2026. But for the company, this was never simply about sponsoring a race. It was about something far bigger: how culture, leadership, and shared purpose create the foundation for sustainable growth.

Companies - Tue, April 21, 2026 | 12:17 pm GMT+7