The Vietnam Shipbuilding and Marine Machinery Equipment Exhibition (Vietnam International Marine, Shipbuilding & Offshore Expo 2023 – VIMOX 2023) will be held on July 5-7, 2023 at the Exhibition Palace of Construction, Architecture Planning National, Hanoi.

As part of the event, 3 seminars were held: “Prospects and development of the shipbuilding industry in Vietnam”; “Technological solutions in shipbuilding”; “Transport of goods by sea”.

VIETNAM – SINGAPORE CONNECTION IN SHIPBUILDING INDUSTRY

Mr. Kenny Yong, general director of Fireworks Trade Media Group, said Vietnam’s shipbuilding industry has emerged as a competitive force that should not be underestimated, demonstrating growth, resilience and adaptability. With its long coastline, skilled workforce and strategic geographic location, Vietnam has a unique advantage in capitalizing on the opportunities offered by the global maritime industry.

Mr Kenny Yong said that Fireworks Trade Media is a multinational exhibition organizer with many years of experience in organizing shipbuilding industry exhibitions in countries such as Thailand, Philippines, Malaysia, Indonesia and Bangladesh.

VIMOX 2023 is the place to stay up to date on cutting-edge technologies, innovations and expertise in marine engineering and shipbuilding. There are many experienced shipbuilding industry companies and experts around the world here, who will inspire and drive many new plans in the field of shipbuilding industry in Vietnam in the future.

“There is no denying the potential to expand and improve Vietnam’s shipbuilding sector. VIMOX 2023 will certainly act as a catalyst to unleash these potentials. Let’s face a future where the Vietnamese shipbuilding industry shines in the world market,” said Mr. Kenny Yong.

dr Hoang Hung – Vice President and Secretary General of Vietnam Shipbuilding Industry Science and Technology Association (VISIA) said that VISIA is a professional social organization that includes academies, schools that train human resources, manufacturers, quality inspectors and a large number of scientists specialized in the shipbuilding industry.

VISIA, in cooperation with Fireworks Trade Media and FIREWOKS SINGAPORE Co.,Ltd. VIMOX-2023 co-organized to connect the two sides of Vietnam and Singapore in shipbuilding and repair industry. The event was attended by many companies that supply materials, equipment, design software, and science and technology for international ships.

According to Mr. Hoang Hung, the Vietnamese shipbuilding industry was slowing down and faced many difficulties in the early 2000s due to the impact of the global economic recession and the particular difficulties of the Vietnamese economy. This led to a sharp drop in orders for the Vietnamese shipbuilding industry, even when there were none, leading to many shipyards having to reorganize their production and business or going bankrupt.

THE DIFFERENCE IS BIG, THE DEVELOPMENT OPPORTUNITY HAS COME

dr Hoang Hung said that the recession in our country’s shipbuilding industry is gradually over. At present, the shipbuilding industry is recovering, shipbuilding plants have developed in all regions from north to south.

There are currently about 120 large and small shipbuilding factories in the country, and annual output has increased tenfold over the past decade, instead of being previously concentrated in economically developed areas such as Hai Phong, Quang Ninh, Da Nang and Ho Chi Minh City .

The number of institutions that develop and supply materials and equipment for the industry has also grown, and are responsible for the development of products with special features and high scientific and technological content. Providing equipment and materials of different kinds to fully meet the shipbuilding and repair facilities.

At the seminar “Prospects and Development of Shipbuilding Industry in Vietnam”, Mr. Pham Binh Minh – General Director of Vietnam Shipbuilding Engineering Joint Stock Company (VISEC) gave the lecture: “A Generation of New Cargo Ships Designed and Built in Vietnam”.

According to Mr. Minh, Vietnam’s total shipping fleet currently comprises more than 1,600 cargo ships with a total tonnage of around 12 to 13 million DWT. However, foreign shipping companies still account for 95% of Vietnam’s export shipping market share, with Vietnam accounting for only 5%. In fact, most ships in Vietnam are over 15 years old, old technology is not suitable for transporting goods. Another shortcoming is that Vietnam’s naval structure is not properly developed. There is a surplus of small tonnage vessels while there is a shortage of large tonnage for international transport.

While many economic sectors have been severely affected by the Covid-19 pandemic from 2020 to date, the Vietnamese shipbuilding industry has thrived during and after the pandemic. Seizing the opportunity well, many Vietnamese shipbuilding companies have undergone major changes, made great strides, and are gradually entering the international market. Vietnam’s shipbuilding industry has built special ships, ships with a large deadweight tonnage of 50-60,000 tons, and is aiming to build ships of 110,000 tons.

“Our design consultants have been involved in a number of major shipbuilding projects in Vietnam, including: 17,500 tonne general cargo ships for export, built at Bach Dang Shipyard; “100,000 ton tonnage oil tankers were built at Dung Quat shipyard… All these products have been finished by VISEC with the best quality and meet all the strict requirements of the ship owners and the registry at home and abroad,” Minh affirmed.

At the seminar, Mr. Bui Ngoc Thuan, General Manager of SeaDream Marina International Co., Ltd. also the lecture “Opportunities for Vietnam in the boat and leisure yacht industry”. associate Prof. Dr. Nguyen Huu Dung, Chairman of the Vietnam Association of Marine Breeding with the lecture “Development of the marine aquaculture industry of Vietnam and the needs of the shipbuilding industry”.

According to experts, the Vietnamese shipbuilding industry is currently facing many difficulties. Due to the decline in the goods export market in 2023, Vietnamese shipowners do not dare to invest in newbuildings. In addition, many shipbuilding companies get into financial difficulties due to high investment debts with banks that have not been restructured; Bank credit for production is difficult.

VIMOX 2023 is the first shipbuilding exhibition in Hanoi, Vietnam, which brings together more than 100 companies offering leading machinery and technology for shipping and shipbuilding industry from many countries around the world including Vietnam, USA, UK, Singapore, Thailand, Germany, Malaysia , Korea, Japan, China… VIMOX 2023 is co-organized by Fireworks Trade Media Vietnam (under Fireworks Trade Media Group); Vietnam Shipbuilding Industry Science and Technology Association (VISIA); and FIREWOKS SINGAPORE CO.,LTD.

The exhibition will be an important trade bridge to enable companies and investors to access a lot of useful information, exchange advanced technologies, while seeking investment opportunities to further promote the world shipbuilding industry in general and Vietnam in particular. At the exhibition, companies that build ships and provide marine equipment and services will present their latest products and technologies in the fields of manufacturing, manufacturing and repairing of marine machinery and equipment. forecasting and analysis of hydrology, meteorology, seismics; material handling systems; chemical, liquid and petroleum lubricants; air transport, heli deck, logistics; Electrical and hydraulic equipment…