VN, India expand cooperation in shipbuilding
At a seminar on shipbuilding cooperation between
Vietnam and India in Hanoi on March 15, Ambassador Ranit-Rae said
India is interested in Vietnam ’s shipbuilding, since the Southeast
Asian country boasts a long coastline and low-cost labour -- an ideal
potential for developing the industry.
Besides, the restructure
of Vietnam Shipbuilding Industry Group (Vinashin) will create
conditions for domestic shipbuilding to further develop, he said.
While
India has seen outstanding development in the industry and revenue
growth of 250 percent between 2002-2010, Vietnam and India have a
great chance to cooperate in the field, Ambassador Rae said.
According
to the diplomat, the two countries can also strengthen cooperation in
technology transfer and support industries for the shipbuilding sector.
Deputy Minister of Transport Nguyen Hong Truong said Vinashin had
earlier signed an MOU with India ’s Goa shipbuilder in personnel
training and expected that through the seminar, the group will have the
chance to seek Indian partners to invest in its plan to build a ship
repair establishment at Cam Ranh port, in the central province of
Khanh Hoa .
He also said he hoped managers and
policymakers of the two countries would boost information exchange to
increase cooperation./.