1. Vietnam – on the rise
Nor-Shipping 2013

2. Economic development (past)
2007 2008 2009 2010 2011 2012
GDP growth (%) 8,5 6,2 5,1 6,8 5,9 5,0
Inflation 8,3 23 6,9 9,2 18,6 9,2
2
• 2010: Achieved status as “middle income country”
Source: GSO VN, ADB & BMI

3. Economic Development (forecast)
• Policy: “Develop the economy in a fast and sustainable manner
with target to become a modern-oriented industrialized country
by 2020”.

4. World Bank/IFC – Doing Business 2013
Vietnam Norway China India
Ease of doing
business
99 6 91 132
Starting up a
business
108 43 151 173
Enforcing
Contracts
44 4 19 184
Source: World Bank/IFC
•184 Countries ranked

5. China plus one
Opportunities for Vietnam
Photo: Kjell Arne Nielsen/Innovation Norway

6. Norwegian companies present in Vietnam

7. Updated information by april -
Shipyards and Order Books

8. 12
Order book overview

9. 1.1 Total Order Book
13
Source: Innovation Norway Hanoi
Unit: No of vessel
By March 2013, Vietnam order book consists of 29 vessels
with 435k DWT in total.

10. 1.2 Order Book by type of vessel
14
Source: Innovation Norway Hanoi
Unit: No of vessel
Tankers accounts for 34%, offshore vessels and bulkers
accounts for 28% each.

11. 39
Important ship-owners

12. 4.1 Vietsovpetro
 Vietnam – Russian Joint venture (50%-50%)
 Current under construction projects:
o Diving vessel built in Singapore
o Fast crew vessel built in Song Thu shipyard
(delivered)
o Accommodation barge built in Dung Quat
Shipyard.
o Jack up built in PV shipyard
 New building plan: a semi submersible and 02 AHTS,
12,000 HP.
40

13. 4.2 PTSC
 Monopoly suppliers of offshore vessel to oil and gas
operators in Vietnam.
 Has an ambitious plan of having 25 more offshore service
vessel by 2025.
 Looking for short-term chartering of offshore service
vessel.
 In need of upgrading old fleet of offshore service vessels.
41

14. 42
Conclusion

15.  New building activities concentrates in the Center and in
the South of Vietnam.
 Vung Tau area is the most important offshore maritime
cluster.
 Norwegian suppliers need strong presents in Vietnam in
order to work with local customers.
 Innovation Norway Hanoi is available for help
43

16. 44
IN Hanoi team
• Ole Henaes
• Tran Hai Anh
• Le Tien Hai
• Dang Phuong Lien
• Do Anh Tuan
• Kim Do Quyen