Piriou Vietnam (Vietnam)

The subject has a long time of experience in the field of building and repairing fishing boats, tug boats and barges which are wholly exported to partners in European countries. The deadweight tonnage of fishing boats is about 25,000 tons. Meanwhile, the deadweight tonnage of tug boats is about 532 tons as revealed by Ms. Thao - Import Export Manager.It normally takes from one year to one year and a half to build a fishing boat, and about six months to build tug boats and barges. The customers often make a deposit of 30% when ordering a new boat from the subject, make payment for the second time when the boat is launched, and make the rest payment when the boat is successfully tested. In the past, the subject could export many boats to foreign markets, recruited over 500 employees and the business operation was very busy. In recent years, the demand for using boats has turned to saturation together with the negative influence of oil and gas crisis in the world, and Covid-19 Pandemic which have made the orders from clients reduced considerably in 2021. The subject's operation is still normal at this time.