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Shipbuilding in Vietnam

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    Report

  • 46 Pages
  • January 2026
  • Region: Vietnam
  • GlobalData
  • ID: 6285808

Shipbuilding in Vietnam

Summary

Shipbuilding in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Shipbuilding is the process of designing, constructing, and assembling ships for transportation and trade. It involves a series of stages, including planning, engineering, fabrication, and outfitting, to create a functional and seaworthy vessel. Market volume represents gross tonnage, which is determined by the molded volume of all enclosed spaces within the ship. Molded volume refers to the internal volume of the ship's hull, calculated based on the shape and dimensions of its structure, including all enclosed areas such as cargo holds, machinery spaces, and crew accommodations.
  • Market production volume increased with a CAGR of 6.5% between 2020 and 2025, reaching a total of 746.8 thousand gross tonnage in 2025.
  • Oil tankers had the highest volume in the Vietnamese shipbuilding market in 2025, with a total of 271.9 thousand gross tonnage, equivalent to 36.4% of the market's overall volume.
  • In 2025, the Vietnamese shipbuilding market experienced an annual growth of 3.6%, driven by increased international trade. For instance, in December 2025, the Department for Business and Trade reported that in Q2 2025, total trade in goods and services (exports plus imports) between the UK and Vietnam was $13.2 billion, an increase of 31.5% compared to Q2 2024.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the shipbuilding market in Vietnam
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the shipbuilding market in Vietnam
  • Leading company profiles reveal details of key shipbuilding market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam shipbuilding market with five year forecasts

Reasons to Buy

  • What was the size of the Vietnam shipbuilding market by value in 2025?
  • What will be the size of the Vietnam shipbuilding market in 2030?
  • What factors are affecting the strength of competition in the Vietnam shipbuilding market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Vietnam's shipbuilding market?

Table of Contents

1 Executive Summary
1.1. Market Volume
1.2. Market Volume Forecast
1.3. Category Segmentation
1.4. Geography Segmentation
1.5. Market Rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What are the most recent developments of the leading players?
8 Company Profiles
8.1. HD Hyundai Co Ltd
8.2. Damen Shipyards Group
8.3. Austal Ltd
8.4. Nam Phat Ship Shipbuilding and Shipping JSC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry Associations
10.3. Related the Analyst Research
List of Tables
Table 1: Vietnam shipbuilding market volume: thousand gross tonnage, 2020-25
Table 2: Vietnam shipbuilding market category segmentation: % share, by volume, 2020-25
Table 3: Vietnam shipbuilding market category segmentation: thousand gross tonnage, 2020-25
Table 4: Vietnam shipbuilding market geography segmentation: thousand gross tonnage, 2025
Table 5: Vietnam shipbuilding market volume forecast: thousand gross tonnage, 2025-30
Table 6: HD Hyundai Co Ltd: Key Facts
Table 7: HD Hyundai Co Ltd: annual financial ratios
Table 8: HD Hyundai Co Ltd: key employees
Table 9: Damen Shipyards Group: Key Facts
Table 10: Damen Shipyards Group: key employees
Table 11: Austal Ltd: Key Facts
Table 12: Austal Ltd: annual financial ratios
Table 13: Austal Ltd: key employees
Table 14: Nam Phat Ship Shipbuilding and Shipping JSC: Key Facts
Table 15: Vietnam Size Of Population (Million), 2021-25
Table 16: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 17: Vietnam GDP (Current Prices, $ Billion), 2021-25
Table 18: Vietnam Inflation, 2021-25
Table 19: Vietnam Consumer Price Index (Absolute), 2021-25
Table 20: Vietnam Exchange Rate, 2020-25
List of Figures
Figure 1: Vietnam shipbuilding market volume: thousand gross tonnage, 2020-25
Figure 2: Vietnam shipbuilding market category segmentation: thousand gross tonnage, 2020-25
Figure 3: Vietnam shipbuilding market geography segmentation: % share, by volume, 2025
Figure 4: Vietnam shipbuilding market volume forecast: thousand gross tonnage, 2025-30
Figure 5: Forces driving competition in the shipbuilding market in Vietnam, 2025
Figure 6: Drivers of buyer power in the shipbuilding market in Vietnam, 2025
Figure 7: Drivers of supplier power in the shipbuilding market in Vietnam, 2025
Figure 8: Factors influencing the likelihood of new entrants in the shipbuilding market in Vietnam, 2025
Figure 9: Factors influencing the threat of substitutes in the shipbuilding market in Vietnam, 2025
Figure 10: Drivers of degree of rivalry in the shipbuilding market in Vietnam, 2025

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • HD Hyundai Co Ltd
  • Damen Shipyards Group
  • Austal Ltd
  • Nam Phat Ship Shipbuilding and Shipping JSC