At present, Viet Nam has nearly 90 shipbuilding enterprises and more than 400 inland watercraft builders, with a combined annual design capacity of around 3.5 million deadweight tonnes (DWT). Although the shipyards under the Shipbuilding Industry Corporation (SBIC) are undergoing bankruptcy proceedings, they have secured sufficient orders to ensure employment for their workforce until the end of 2028.

With nearly 3,300 kilometres of coastline and a maritime area exceeding one million square kilometres, Viet Nam is strategically positioned along major international shipping routes, particularly those linking East Asia with Europe, Africa and the Americas, giving the country distinct advantages for developing its marine economy and maritime logistics sector.

A 65,000 dead weight tonnage (DWT) shipping vessel, the largest of its kind ever designed and built by Vietnamese companies, was launched by the Viet Nam Shipbuilding Industry Corporation (SBIC) and Nam Trieu Shipbuilding Company on December 24 in Hai Phong.

Viet Nam and Russia are studying the feasibility of establishing a joint venture to operate a maritime transport route, underscoring their shared commitment to deepening cooperation in shipbuilding, logistics, and maritime infrastructure.

Vietnamese Ambassador to Bulgaria Nguyen Thi Minh Nguyet has paid a working visit to Varna – Bulgaria’s leading maritime economic and shipbuilding hub, highlighting the countries' significant potential for cooperation in the maritime sector.

Amidst escalating climate challenges and a global push for sustainability, Viet Nam’s shipbuilding industry is accelerating its shift toward a green transition. This evolution is not only an inevitable trend but also a strategic opportunity to enhance capacity, meet environmental standards, and contribute to Viet Nam’s commitment to achieving net zero emissions by 2050.