Hyundai Vietnam shipbuilding company exports ships to 16 countries

The Huyndai Vietnam Shipbuilding Co.Ltd based in the central province of Khanh Hoa built and handed over 119 oil carriers weighing 35,000 – 87,000 tonnes to clients, earning a revenue of nearly 4 billion USD since 2008.
Hyundai Vietnam shipbuilding company exports ships to 16 countries ảnh 1Illustrative image (Photo: VNA)


Khanh Hoa (VNA)
– The Huyndai Vietnam ShipbuildingCo.Ltd based in the central province of Khanh Hoa built and handed over 119 oilcarriers weighing 35,000 – 87,000 tonnes to clients, earning a revenue ofnearly 4 billion USD since 2008.

Its productshave been exported to 16 countries worldwide.

Thecompany contributes over 5 million USD to the State budget each year. In 2019alone, it built and handed over 16 vessels and earned about 458 million USD,contributing 119 billion VND to the local State budget.

Thisyear, it set a goal of earning 470 million USD, including signing contracts for15 ships and transferring 16 others to clients.

DespiteCOVID-19 in the first half of this year, it still ensured jobs for over 5,000workers with a monthly average income of 8.6 million VND. The firm handed over seven ships with an earning of 234 million USD, meeting its target.

Inorder to help residents overcome the pandemic, the company built houses,granted scholarships and notebooks to pupils in Ninh Hoa township, and studentsat Nha Trang and Thai Binh Duong universities at a cost of nearly 1 billion VND(43,400 USD).

Establishedin 1999, Huyndai Vietnam Shipbuilding Co.Ltd is a joint-venture between Vietnam’sShipbuilding Industry Corporation and the Republic of Korea’s HuyndaiCorporation.

After21 years of operation, it has become the leading shipbuilding factory inVietnam and the region, with an annual capacity of 20 vessels./.

VNA

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