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US, European, Chinese firms seek to draw Vietnam arms deals from...

Major US weapons manufacturers, European companies, and Chinese firms showcased their products at an arms fair in Hanoi as Vietnam seeks to diversify its defence supplies away from Russia. The expo featured Chinese firms for the first time, including major state-owned defence conglomerate Norinco. Vietnam has been heavily reliant on arms supplied by Russia, accounting for over 80 percent of its arms imports between 1995 and 2023. However, imports from Russia have decreased due to international sanctions. The expo is seen as Vietnam's way of signaling its openness to new partnerships.

Original article source: https://www.dailymail.co.uk/wires/afp/article-14209461/US-European-Chinese-firms-seek-draw-Vietnam-arms-deals-Russia.html
Source Id: 8464806883

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