Vietnam Ship Building and Repairing Market (2025-2031) | Size, Forecast, Value, Share, Revenue, Trends, Growth, Companies, Industry, Analysis & Outlook

Vietnam Ship Building and Repairing Market Synopsis

The Vietnam shipbuilding and repairing market experienced significant growth between 2025 and 2031. Vietnam strategic geographic location, extensive coastline, and the government`s focus on maritime development contributed to the expansion of the shipbuilding and repair industry. The market encompasses the construction of new vessels, including cargo ships, tankers, and fishing boats, as well as the repair and maintenance services for existing ships. As Vietnam aimed to strengthen its maritime capabilities and enhance its position in the global shipbuilding industry, the demand for shipbuilding and repairing services increased.

Drivers of the Market

Several key drivers contributed to the growth of the shipbuilding and repairing market in Vietnam. Firstly, the country`s growing trade and maritime transport activities led to a higher demand for new vessels to support import and export operations. Secondly, Vietnam efforts to modernize its fishing fleet and expand its aquaculture sector drove the demand for specialized fishing vessels. Additionally, the government`s incentives and policies to promote shipbuilding and maritime infrastructure attracted foreign investments and technology transfers to the industry.

Challenges of the Market

Despite the positive growth trends, the Vietnam shipbuilding and repairing market faced certain challenges. One significant challenge was the intense global competition from established shipbuilding nations, which posed challenges for Vietnamese shipyards to secure international orders. The market`s cyclical nature and fluctuations in global shipping demand also impacted shipbuilding activities. Additionally, the need for continuous investment in modern technology and skilled labor posed challenges for shipyards to enhance their capabilities and competitiveness.

COVID-19 Impact on the Market

The Covid-19 pandemic, which emerged in 2025, had notable impacts on the shipbuilding and repairing market in Vietnam. During the initial phases of the pandemic, disruptions in global trade and shipping activities affected new ship orders and ship repair schedules. The closure of borders and travel restrictions also impacted the movement of technicians and engineers, leading to delays in ship repair projects. However, as the global economy gradually recovered, the shipping industry rebounded, contributing to increased demand for shipbuilding and repairing services.

Key Highlights of the Report:

• Vietnam Ship Building and Repairing Market Outlook
• Market Size of Vietnam Ship Building and Repairing Market, 2024
• Forecast of Vietnam Ship Building and Repairing Market, 2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Revenues & Volume for the Period 2021-2031
• Vietnam Ship Building and Repairing Market Trend Evolution
• Vietnam Ship Building and Repairing Market Drivers and Challenges
• Vietnam Ship Building and Repairing Price Trends
• Vietnam Ship Building and Repairing Porter's Five Forces
• Vietnam Ship Building and Repairing Industry Life Cycle
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Ship Building for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Ship Repairing for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Vessel Types for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Oil And Chemical Tankers for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Container Ships for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Gas Carriers for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Offshore Vessels for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Passenger Ships And Ferries for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By General Services for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Dockage for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Hull Part for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Engine Parts for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Electric Works for the Period 2021-2031
• Historical Data and Forecast of Vietnam Ship Building and Repairing Market Revenues & Volume By Auxiliary Services for the Period 2021-2031
• Vietnam Ship Building and Repairing Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Vessel Types
• Market Opportunity Assessment By Applications
• Vietnam Ship Building and Repairing Top Companies Market Share
• Vietnam Ship Building and Repairing Competitive Benchmarking By Technical and Operational Parameters
• Vietnam Ship Building and Repairing Company Profiles
• Vietnam Ship Building and Repairing Key Strategic Recommendations