HANOI: International arms trade gamers competed for Vietnam’s protection {dollars} at a latest commerce truthful, because the nation seeks to shed its dependence on Russia for armaments.
Over 200 corporations from 30 nations together with China, Russia, the United States, Iran, Israel and India took half within the occasion which concluded on Sunday (December 22).
Vietnam’s Defense Ministry, which organized the occasion, mentioned native companies signed offers value greater than $286 million, double the worth signed within the final version in 2022. A complete of seventeen cooperation agreements.
However, the success of the occasion was not simply in regards to the enterprise side, mentioned Nguyen Khac Giang, visiting fellow on the Vietnam Studies Program on the ISEAS-Yusof Ishak Institute in Singapore.
“Organizing the Expo shouldn’t be about having extra contracts for Vietnam… (it is about) displaying that Vietnam is prepared to work with many different companions world wide,” he advised CNA’s East Asia Tonight on Monday.
Given ongoing tensions between some taking part nations – together with Iran-Israel, US-China and US-Russia – the occasion showcased Vietnam’s diplomatic functionality, he added.
