Saigon Shipmarin to build first vessels for export

Ho Chi Minh City: The Saigon Shipbuilding and Maritime Industry Company (Saigon Shipmarin) has signed a contract with Japan's Kanematsu Corp to build two 6,500-tonne cargo vessels. These are the first cargo vessels that Saigon Shipmarin, a member of the Viet Nam Shipbuilding Industry Corporation (Vinashin), has built for export. The first vessel is expected to be handed over in March 2007 and the second, in July.  [29/08/06]