Page 55: of Maritime Reporter Magazine (December 2015)

Vietnam Facts

Area:

Total: 331,210 sq km

Land: 310,070 sq km

Water: 21,140 sq km

Country comparison to the world: 66

Coastline: 3,444 km (excludes islands)

Maritime claims:

Territorial sea: 12 nm

Contiguous zone: 24 nm

Exclusive economic zone: 200 nm

Continental shelf: 200 nm or to the

Photo: VCG edge of the continental margin member companies in the ? elds of ship- • Refund/exemption of import tax for for companies entering the Vietnamese

Population: ping, port operations and maritime sup- imported equipment and material that is market. In addition, Finland has a long 94,348,835 (July 2015 est.) port services, among others. used on exported ships, history with the Vietnamese shipbuild-

Vietnam has also been building up its • Restrictions on second hand ship ing industry within development coop-

Life expectancy at birth: port capacity in recent years and several imports, as a measure to enhance the at- eration. The Pha Rung shipyard, located

Total population: 73.16 years ports are currently either under construc- tractiveness of local purchase. that ? nan- in the northern shipbuilding cluster, has

Country comparison to the world: 132 tion or are being upgraded. cial incentives given by the government been developed as a cooperation project

Among them being Cai Mep-Thi Vai in have contributed to the capacity growth between Vietnam and Finland since the

Country name:

Ba Ria Vung Tau province, Cai Lan in and capability increase of the sector in 1980s. Originally, Pha Rung was operat-

Conventional long form:

Quang Ninh province, and Van Phong in the past years ing as a repair shipyard but nowadays it

Socialist Republic of Vietnam

Conventional short form: Vietnam

Khanh Hoa province. Vinashin has also established several is also involved in new-building activi-

Local long form:

However, the large number of ports, joint ventures with foreign companies ties and operates under Vinashin Group.

Cong Hoa Xa Hoi Chu Nghia Viet Nam offer a capacity which is far greater than including Dutch Damen, Finnish Car- Various studies conducted clearly show

Local short form: Viet Nam the current demand. gotec and Korean Hyundai. As an ex- that the Vietnamese Maritime Sector has

Government supports the industry ample, Norwegians are actively involved grown tremendously in a short time.

GDP through various schemes. Several ? nan- in the Vietnamese maritime industry However, in the coming years there $512.6 billion (2014 est.) cial incentives are in place, including: and the governmental organization ‘In- could be a setback if market conditions

Country comparison to the world: 38 • Exemption on export taxes, novation Norway’ is providing support remain weak.

Waterways: 47,130 km (30,831 km weight under 50 tons) (2011)

Innovation | Safety | Performance

Country comparison to the world: 4

STATUTORY COMPLIANCE FOR TANKERS

Merchant Marine:

Total: 579

By type: barge carrier 1, bulk carrier 2016 is rapidly 142, cargo 335, chemical tanker 23, approaching.

STOCK (Purchase and Rental): container 19, lique? ed gas 7, pas-

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