Defense

Russia-Vietnam submarine deal worth record $3.2 bln — magazine

Admiralty Shipyards in St. Petersburg will build the submarines with the rate of one vessel per year

01:38 03/06/2010

Last year's contract on the delivery of six Kilo class diesel submarines to Vietnam, worth a total of $3.2 billion, is the largest deal in the history of Russian exports of naval equipment.

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Vietnam hails military cooperation with Russia
13:06 23/03/2010
The Vietnamese defense minister said on Tuesday that the current visit of his Russian counterpart to Vietnam would strengthen bilateral military ties, which have seen a significant improvement in the last few years.
Russian defense minister arrives in Vietnam for military talks
04:43 23/03/2010
Russian Defense Minister Anatoly Serdyukov will discuss military cooperation with the Vietnamese authorities during his visit to the south-east Asian state on Tuesday.
Russia floats out second Gepard class frigate for Vietnam
16:41 16/03/2010
Shipbuilders in Russia's republic of Tatarstan floated out a second frigate for the Vietnamese Navy on Tuesday, a spokesman for the Zelenodolsk shipyard said.
Vietnam joins group of Russia's largest arms buyers - expert
18:47 10/02/2010
Vietnam is turning into a major buyer of Russian armaments after India, with several contracts worth billions of U.S. dollars signed recently, a Russian expert said on Wednesday.
Russia clinches contract to sell submarines, warplanes to Vietnam
20:54 15/12/2009
Vietnam has signed a deal with Russia to buy submarines, aircraft and other military hardware, Vietnamese Prime Minister Nguyen Tan Dung said on Tuesday.
Gazprom, Petrovietnam sign joint venture deal
17:56 15/12/2009
Russian energy giant Gazprom and Vietnam's oil and gas group Petrovietnam signed on Tuesday an agreement on establishing a joint venture.
Medvedev invites Vietnam to join large projects
15:40 15/12/2009
Russian President Dmitry Medvedev received on Tuesday Vietnamese Prime Minister Nguyen Tan Dung and said he was seeking to cooperate on several large projects with the socialist republic.
Dmitry Medvedev to talk energy with Vietnamese PM in Moscow
00:51 15/12/2009
Russian President Dmitry Medvedev will meet in Moscow on Tuesday with Vietnamese Prime Minister Nguyen Tan Dung to discuss energy cooperation, a source in the Kremlin said.
Vietnam could become key importer of Russian weaponry
14:48 04/12/2009
Vietnam could become a key importer of Russian weaponry if several contracts on the purchase of diesel submarines and aircraft are signed in the near future, a Russian newspaper said.

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Russian-Vietnamese military cooperation

Vietnam is gradually turning into the major buyer of Russian armaments after India, with several contracts worth billions of U.S. dollars signed recently. The country became Russia's biggest arms client in 2009, having ordered six Kilo-class Project 636 diesel-electric submarines worth $4 billion and eight Su-30MK2 Flanker-C multirole fighters worth $400 million.