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Vietnam energy giant tries to bail from sinking shipyard after years of debts and losses

PetroVietnam does not expect to recoup its million-dollar investment in the business.

Vietnam aims to build large naval vessels with new shipyard

Vietnam’s Ministry of National Defense plans to move its Saigon-based Ba Son Shipyard to the southern coastal province of Ba Ria Vung Tau where it intends to set up a large-scale naval shipyard.
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