Vietnam ship building sector has a low utilization rate of under 50%. According to Vietnam Shipbuilding Association, the total designed capacity is 2.6 million DWT/year in 2014. However, the production reached approximately 0.8 – 1.0 million DWT/year, equivalent to 30.8% – 38.5%. As a result of low demand and none core investment, Vietnam ship industry suffered a huge loss with the weighted average NIM of -24.65%.
Tags: Vietnam Ship Building Industry, Industry Factsheet, Vietnam Industry, Ship Building Industry, Transportation Industry