Vietnam to Build Vessels in $175-m Deal with Myanmar Shipyards

Myanmar and Vietnam have signed an agreement to establish a joint venture to build vessels, according to the Ministry of Transport. The $175.4-million joint venture was established between state-run Myanmar Shipyards and Dong A Shipbuilding Joint Stock Company. Myanmar Shipyards will control 51 percent stake in the JV, while with an investment of $85.9 million […]