The company was established on October 30, 1965, under the management of the General Department of Defence Industry (VDI) of the
Ministry of Defence. The company changed names in 1972 to Factory A173, followed by Factory 173 in 1983 before it took the name Hong Ha Shipbuilding Company in 1996. The first TT-400TP was constructed in 2013. On April 30, 2010, the decision was made to change the company's name to the Hong Ha Shipbuilding One Member Co., Ltd. In 2015, Z173 Factory was tasked to construct a multi-purpose transport ship for the
Vietnam Coast Guard and
Navy. The contract was made by Benedict Peters on behalf of Marine Assets And Offshore Equipment Limited. 10 boats were reported to be contracted for delivery. On September 25, 2020, a delegation led by Deputy Minister Senior Lieutenant General Be Xuan Truong visited Z173 Factory. During his visit, he was briefed on the company's work and economic performance. On October 30, 2020, Z173 Factory celebrated 55 years of achievements with awards bestowed to the company including the Labor Hero in the Doi Moi Period (2000), Hero of the People's Armed Forces (2014), First Class Independence Medal (year 2020), Second Class Independence Medal (2010), First Class Victory Medal (2020) and the Third Class Labor Medal (2016). ==References==