The yard will deliver the vessels by 2012 to group company Vinashin Maritime Company (Vinashin Ship) for VND 1.5 trillion ($94m).
Local media reported that Vinashin Ship wanted to boost its capacity with the Vinashin Marine Science and Technology-designed vessels.
Meanwhile, Vinashin’s Ca Mau Shipbuilding Industry Company has signed a deal with Tay Nam Shipping Lines to build two 20,000-dwt cargoships for VND 650bn.
