Vietnam, Japan Seek Shipbuilding Cooperation

According to a June 20 report from SGGP (English edition), Le Huu Quang Huy, Vietnam’s Investment Counselor to Japan, said Vietnam has a wide-range of potentials to develop the shipbuilding industry, citing its coastline of 3,200 km, 120 seaports, abundant and skilled workforce and low labor costs. Meanwhile, Japan has a large source of capital and a developed shipbuilding industry, with around 1,200 shipbuilding yards and 1,200 seaports.

(Source: SGGP English edition)