Song Thu Corporation – a shipbuilder under the General Department of Defense Industry under the Ministry of National Defense, on January 18 held a ceremony in Da Nang city to launch two high-speed patrol vessels, which were commissioned by the Vietnam Border Guard Command.

Cenzin (PGZ Group) will be a broker and co-ordinator in a deal concerning supply of six sea-going search and rescue (SAR) vessels to Socialist Republic of Vietnam. Polish yard responsible for design of the series and construction of the initial units will be Remontowa Shipbuilding SA.  Polish President Andrzej Duda and Vietnamese president Trần Đại Quang signed a framework loan agreement in Hanoi on the construction of six search and rescue ships on November 28, 2017.

Vietship 2018 saw 12 contracts and memoranda of understanding worth millions of dollars, marked increased co-operation between domestic and foreign partners.At the signing ceremony, six co-operation contracts were signed, including three contracts for building cruise ships between Halong Shipbuilding Company and three other partners.

L&T Bags Major Order from Vietnam Border Guard for High Speed Patrol Vessels. At USD  9.7 million it is the biggest export order given to a private Indian Shipyard till date  Mumbai, Sep 22, 2016: Larsen & Toubro (L&T) has signed the principle contract with
Vietnam Border Guard valued at USD 99.7 Million for design and construction of high speed patrol vessels in India as well as for transfer of design and technology along with supply of equipment and material kits for construction of follow-on vessels at Hong Ha shipyard in Vietnam