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Vietnam expects ship exports of $1.7 billion by 2010

Vietnam expects ship exports of $1.7 billion by 2010

   Vietnam’s ship exports are expected to more than triple by 2010 to $1.7 billion, according to Nhan Dan newspaper.

   The paper said Vietnam Ship Building Corp. received $750 million this year raised through the issue of government bonds in the international market.

   “Thanks to this capital, the corporation expects to export products worth $500 million annually from 2007,” the paper said. “To date, it has signed export contracts valued at about $1.5 billion through 2009.”