{"id":2441,"date":"2007-01-24T00:00:00","date_gmt":"2007-01-24T00:00:00","guid":{"rendered":"https:\/\/mercator.nfdtesting.uk\/propulsion-and-future-fuels-conference\/2007\/01\/24\/vinashin-plans-to-privatize\/"},"modified":"2007-01-24T00:00:00","modified_gmt":"2007-01-24T00:00:00","slug":"vinashin-plans-to-privatize","status":"publish","type":"post","link":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/news\/general-news\/vinashin-plans-to-privatize\/","title":{"rendered":"Vinashin plans to privatize"},"content":{"rendered":"<p>Vinashin, Vietnam&#8217;s state-run shipbuilder, plans to privatize all its subsidiaries this year to raise funds for expansion, a recent government report said.<\/p>\n<p>The report quoted Vinashin executive Pham Thanh Binh as saying privatisation would give the company more autonomy in decision making and raise productivity. &#8220;The subsidiaries, as well as the parent companies, will be listed on the stock exchange following privatisation to raise capital for more investment,&#8221; Binh said. He also said Vinashin had won $6 billion in contracts to build vessels for foreign firms and 2006 revenues jumped 45% from 2005 to around $716 million.<\/p>\n<p>Binh said Vinashin would focus on oil tanker building. The company is now capable of making 100,000DWT crude oil tankers and 150,000DWT FSO units.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vinashin, Vietnam&#8217;s state-run shipbuilder, plans to privatize all its subsidiaries this year to raise funds for expansion, a recent government report said. The report quoted Vinashin executive Pham Thanh Binh as saying privatisation would give the company more autonomy in decision making and raise productivity. &#8220;The subsidiaries, as well as the parent companies, will be [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"sponsor":[],"class_list":["post-2441","post","type-post","status-publish","format-standard","hentry","category-general-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/comments?post=2441"}],"version-history":[{"count":0,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2441\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/media?parent=2441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/categories?post=2441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/tags?post=2441"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/sponsor?post=2441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}