Hanoi (VNA) - A series of important cooperation agreements and new contracts with a total value of up to 60 million USD are expected to be signed at the 10th International Exhibition on Shipbuilding and Offshore Technology (Vietship 2025), which opened in Hanoi on March 5.

Jointly organised by the Vietnam Shipbuilding Industry Corporation (SBIC) and Vietnam Shipbuilding Engineering Company (VISEC), the three-day event features over 200 booths of more than 100 domestic and international exhibitors, including those from countries with developed maritime industries, such as Norway, the Netherlands, China, Finland, the Republic of Korea, and Singapore.

Vietship 2025 is not only a showcase of the latest shipbuilding and offshore wind technologies but also features key events such as a buyers' forum and seminars on green transition in maritime and offshore wind energy, providing opportunities for suppliers and potential clients to connect and set up partnerships.

Deputy Minister of Construction Nguyen Xuan Sang highlighted the significance of the event, saying that to realise the ambitious growth target of at least 8% in 2025, the expansion of all economic sectors, including maritime and marine economy development, is essential.

Vietship 2025 highlights the "revival" of SBIC amid its restructuring efforts, demonstrating continued growth and business expansion, he said.

He took the occasion to call on businesses to continue collaborating in SBIC’s production, business and restructuring, contributing to the country’s socio-economic development.

Pham Hoai Chung, Chairman of SBIC’s Member Council, stated that the maritime transport economy and shipbuilding industry have the broadest impact on marine economic development strategy of each country.

According to Chung, SBIC and its joint ventures, specialising in building and repairing large ships, account for over 60% of Vietnam’s shipbuilding capacity. The Government has directed further research into new policies to support the industry’s growth, strengthen international partnerships, encourage infrastructure investment, and promote technological modernisation in this field.

Norwegian Ambassador to Vietnam Hilde Solbakken said both Vietnam and Norway are members of the International Maritime Organisation (IMO), and blue shipping will soon create new opportunities for cooperation between the two countries and their businesses, thus generating new jobs for coastal communities.

Embarking on a blue voyage is a shared priority, and Norway hopes that Vietship will foster new partnerships between Norwegian and Vietnamese companies, he said.

🙈 With a series of thematic seminars, key partnership agreements, and impressive technological innovations on display, Vietship 2025 reaffirms its position as the leading maritime exhibition in Vietnam and the region, laying a foundation for the sustainable development of Vietnam’s maritime industry in the future./.