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Dear Our Honorable Clients,

Hyundai - Vinashin Shipyard Co., Ltd. (HVS), a joint venture between Hyundai Group in Korea (70%), represented by Hyundai Mipo Dockyard Co., Ltd. (HMD) of Korea, and Vietnam Shipbuilding Industry Corporation (VINASHIN) of Vietnam (30%) started its ship repair, conversion and shipbuilding business in Khanh Hoa Province, Vietnam, on 100 ha of land on 26th April, 1999.
Managed by HMD, one of the most reliable shop repair, conversion and newbuilding shipyards in the world, HVS has achieved successful operations so far combining about 2,700 members of abundant and skilled labor force, including 90 Korea staff and experts from HMD, and 1,000 workers of subconstractors, with the advantages of the abundant experiences in ship repairs, conversions and new buildings, offshore contracting, and highly advanced technology and management of both HMD and Hyundai Heavy Industries Co., Ltd. (HHI), one of the strongest contractors in shipbuilding, offshore and many other heavy industry projects and a member of the share holders of HVS.
Located on the main trading routes between Far East and South East Asia, HVS offers very attractive and economical cost reduction opportunities for repairs and conversions to our worldwide clients, Especially, the repairs at HVS of tankers trading to Far East will surely be one of the most economical solutions of shipowners, thanks to the ideal locations of HVS and very competitive prices for both repairs and tank cleaning.
The vision of HVS is extended to make ourselves one of the best shiprepair, shipbuilding and offshore fabrication shipyards in the world in the nearest future, with the reservation of additional 1,000 ha of land for future expansion. To realize the vision, HMD will guarantee marketing, sales and technical supports for the repairs and newbuildings for HVS, including engineering, experts, equipment, etc., while HHI will also remain as a firm supporter for HVS offshore projects.
Seeing believes. We always welcome you and your vessels to our shipyard for fact-findings. Please fell free to choose HVS as a true companion, and use this shipyard as a competitive base for your successful business activities from now on.
We look forward to seeing you here soon. Thank you.

Sincerely yours,
HYUNDAI - VINASHIN SHIPYARD CO., LTD.
Management