Page 3 - VIETNAM DEFENCE EXPO 2024 - Day 1 | GBP

and surveillance and reconnaissance
equipment. The planned procurements
GBP AEROSP
GBP AEROSPACE & DEFENCE IN are most evident with the Vietnam Air
A
CE & DEFENCE IN
Force, which has opted to modernise
its basic aircraft training (T-6C Texan
GBP Aerospace & Defence is taking a giant stride forward in 2025, II) and advanced jet trainer fleet (Aero
marking a change in direction in its 33rd year of publishing L-39 NG) before proceeding with fight-
er class replacements. The air force’s
industry-leading aerospace & defence titles. most advanced fighter jets, Russian
built Sukhoi SU-30 MK2Vs, were pro-
cured only about a decade ago. It also
acquired Air Defence (AD) systems from
Russia between 2003-2010. Vietnam is
also said to be eyeing the procurement
of F-16 fighter jets and C-130 transport
aircraft, which again emphasise the
procurement of platforms which are af-
Show Worthy fordable to procure, operate and sustain.

Nearly 200 companies from close to 30 Vietnam’s defence expenditure will grow Vietnam-USA defence relations have
gone from strength to strength since
countries are displaying their wares at to approximately US$8.5 billion by 2027. 2016, when the latter lifted its arms
Gia Lam Airport, where 100,000 sq.m Vietnam was ranked amongst the top embargo. From FY 2016 to FY 2021,
of exhibition space is divided into three six arms importers in the APAC region the United States authorized the per-
sections. Some of the main exhibi- during 2010-2022, alongwith India, manent export of US$29.8 million in
tors are from the USA, France, China, China, Australia, South Korea and Japan. defense articles to Vietnam via Direct
Japan, South Korea and India. Vietnam’s The country was also ranked fifteenth Commercial Sales (DCS), related to Fire
Ministry of National Defence is also on the list of top arms importers in the Control / Night Vision (US$25.5 million),
commemorating the 80th founding world between the years 2010 and 2022. Electronics (US$1.8 million), Firearms
anniversary of the Vietnam People’s and related articles (US$777,592). Other
Army (VPA) and the 35th anniversary key equipment transferred by the USA,
of the All-people’s National Defence Planned Procurement include the transfer, refurbishment, and
Day this year.
Our respected industry title ASIAN DEFENCE TECHNOLOGY At the present moment, Vietnam is sustained maintenance of two former
will receive a new editorial direction and transition to International defence cooperation is a following a carefully selected mili- U.S. Coast Guard cutters under the
WORLD DEFENCE TECHNOLOGY. This marks an important shift for key linchpin of Vietnam’s military mod- tary modernisation effort. Some of Excess Defence Articles programme
the publication, which will now provide a comprehensive overview ernisation programme, with defence these procurements are related to in- to the Vietnam Coast Guard, T-6 trainer
of global defence technologies, as opposed to its previous focus equipment being sourced from several creased demand for naval combatants, aircraft, ScanEagle UAS, and purchase
on the Indo-Pacific region. nations. Vietnam was able to afford aerial defence, intelligence systems, of MetalShark patrol boats.
some of the largest increases in mil-
The year also marks the launch of AVIATION 2050, a new publication itary expenditures in Southeast Asia
focussed on topics such as sustainability, advanced air mobility, and between 2003 and 2018, as per infor-
New age aviation propulsion. AVIATION 2050 will initially be made mation from the Stockholm International
available as an insert inside our industry leading publication Peace Research Institute (SIPRI). The
ASIAN AIRLINES & AEROSPACE. 15 year period witnessed Vietnam’s
defence spending grow from US$ 841
GBP DAILY NEWS, the most successful aerospace and defence million in 2003 to US$ 5.5 billion in 2018,
show daily in the Asia Pacific region, will expand to also cover trade an increase of approximately 700%.
shows in regions such as the Americas, Europe and Africa. Vietnam’s military expenditure, recorded
at US$5.5 billion in 2018, was 8.1% of
total government spending and 2.3%
of its GDP. Various informed market
As before, you can expect the highest editorial standards and insightful coverage of the most important intelligence reports have stated that
global developments in the aerospace & defence sector. We look forward to supporting the global
aerospace & defence industry in greater detail than ever before.

Contact Vittorio Rossi Prudente, CEO & Publisher,
Global Business Press, to know more.
Editorial Director Arun Sivasankaran Art Director
Email: vittorio.prudente@gbp.com.sg Vittorio Rossi Prudente arun.sivasankaran@gbp.com.sg Sudheesh Kularmunda
vittorio.prudente@gbp.com.sg
Phone: +39 335 6119295 PUBLISHED BY Atul Chandra sudheesh.kularmunda@gbp.com.sg
Website: www.gbp.com.sg Editorial Team atul.chandra@gbp.com.sg Sales Director
Jay Menon Yulian Ardiansyah Akshay Satyamurthy
jay.menon@gbp.com.sg yulian.ardiansyah@gbp.com.sg akshay.satyamurthy@gbp.com.sg

VIET NAM INTERNATIONAL DEFENCE EXPO 2024 DECEMBER-19-2024 3