Vietnam’s Shipbuilding Industry Faces Challenges and Opportunities Vietnam is strengthening its place in the global shipbuilding market, currently ranking seventh worldwide in capacity, though its share of the market remains small. According to Pham Hoai Chung, chairman of the state-owned Shipbuilding Industry Corporation, the industry is evolving due to changes in shipping routes and the growing demand for larger, more advanced ships. Challenges for Vietnam’s Shipbuilding Sector Chung...