Breaking news
Vietnam has purchased Russian military equipment for a total of $1.7 billion in 2014-2015.
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Defence & Security News - Vietnam
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| Vietnam has purchased Russian military equipment for a total of $1.7 billion in 2014-2015. | |||
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Russia supplied to Vietnam arms and military equipment to the tune of USD1.795 biliion in 2014-2015, according to the Stockholm International Peace Research Institute`s (SIPRI) arms transfer database.
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 A missile of the S-125-2TM Pechora system is fired during a test launch in Hanoi on June 4, 2015. (Source tuoitrenews) |
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According to the Stockholm Institute, in 2014 Vietnam received Russian defense production amounting to USD983 million, in 2015 - USD812 million. In 2015, Vietnam held the third position in Top-10 list of the biggest importers of Russian arms and military equipment.
Vietnam is receiving defense production under the contracts signed in 2004-2013. By late 2015 Russia had supplied to the Asian-Pacific country 168 Kh-35 Uran (NATO reporting name: SS-N-25) anti-ship missiles (ASM), three upgraded S-125TM Pechora-2TM (SA-3) surface-to-air missile (SAM) systems, 43 3M-54E/3M-14E Club (SS-N-27) AS/land attack missiles, 65 53-65 anti-ship torpedoes (AST), four Project 636E SSK submarines (Improved Kilo), 65 TEST-71 ASTs, 8 Su-30MK2V (Flanker-C) multirole fighters. Within the prescribed period, Vietnam had also built four Project 12418 (Tarantul V) missile boats under Russian license and had received two boats of such type produced and supplied by Russia. The Southeast Asia region has seen steady growth in military expenditure between 2010 and 2014. There were net increases for all countries, averaging 37.6 percent. Southeast Asian countries spent $38.2 billion on defense in 2014. The region has seen steady growth in military expenditure between 2010 and 2014. There were net increases for all countries, averaging 37.6 percent. All countries saw strong increases in military spending between 2010 and 2014. Vietnam led with a 59.1 percent increase, followed by Cambodia, 56.2 percent, and Indonesia, 50.6 percent. |
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