Vietnam’s shipbuilding industry is entering a new era of growth, marked by the successful launch of high-tech vessels and increasing interest from leading European partners. With a unique combination of strategic advantages, Vietnam is positioning itself as a rising powerhouse in the global maritime industry.

Vietnam and Russia are strengthening cooperation in maritime transport and shipbuilding, with both sides exploring the establishment of joint ventures to develop new shipping routes and expand industrial capabilities. The initiative reflects the growing importance of maritime collaboration within the comprehensive strategic partnership between the two countries.

On January 30, the Vietnam Shipbuilding Science and Technology Association (VISIA) held its 3rd National Congress for the 2026–2031 term, reviewing achievements from 2015–2025 and setting strategic directions for the years ahead. The event marked an important milestone in strengthening the connection between research, industry, and government in Vietnam’s shipbuilding sector.

Vietnam’s shipbuilding industry, a strategic pillar for a coastal nation, is facing both significant challenges and promising opportunities for sustainable development. As urbanization continues to shrink production space at facilities like Bach Dang Shipbuilding Company, the need for long-term planning and structural transformation becomes increasingly urgent.

The global shipbuilding industry is one of the most highly concentrated sectors in the world, with Asia dominating production. Three countries — China, South Korea, and Japan — collectively account for more than 90% of global commercial shipbuilding output. Their success is driven by strong government support, advanced technology, and a highly skilled workforce.

Vietnam’s maritime and shipbuilding industry is entering a pivotal phase of growth, fueled by technological innovation, automation, and increasing international attention. Currently ranked among the world’s top seven shipbuilding nations, Vietnam operates nearly 100 shipyards along with hundreds of supporting facilities, forming a solid foundation for future expansion.