For a country with a long coastline like Viet Nam, shipbuilding is identified as a foundational industry of particular importance to the national economy and to national defense and security, and therefore must be preserved and developed. In recent years, despite facing numerous difficulties, the shipbuilding industry has continued its growth momentum, reaffirming its position in the market.

Once a symbol of the nation's industrialisation aspirations, Viet Nam's shipbuilding industry was not only a source of national pride as the country set its course for the open seas, it also held a strategic role in developing the maritime economy and safeguarding sovereignty.