Vietnam Defence Forum

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New ver. for Vietnam with 8 UKSK

 

[Viet]

“Future of the Vietnamese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024”


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Vietnamese defense budget is projected to register a CAGR of 9.43% over 2020-2024, to reach US$7.9 billion by 2024.

This report provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies and key news.

China's increased naval presence and territorial claims in the disputed waters of South China Sea are the major factors compelling the Vietnamese government to increase its military capabilities. The Vietnamese Government allocated US$5.1 billion towards military expenditure in 2019, of which 32.5% is earmarked for the procurement of defense equipment. The country's defense expenditure increased at a CAGR of 7.34% over 2015-2019.

The country's military modernization efforts are focused on preventing China from taking hold of disputed territory in the South China Sea. Over the forecast period, the country is expected to procure fighter and multi-role aircraft, armored vehicles, naval vessels, patrol ships, maritime patrol aircraft, and surveillance equipment. The country's defense expenditure is projected to increase from US$5.5 billion in 2020 to US$7.9 billion by 2024, increasing at a CAGR of 9.43%.

Between 2015 and 2019, Vietnam cumulatively spent US$7.2 billion on defense equipment, while US$15 billion was assigned for revenue expenditure. Over the forecast period, Vietnam's capital expenditure is expected to grow at a CAGR of 9.43% and revenue expenditure is expected to register growth of 9.44%. Vietnam's slow population growth is projected to increase per capita defense expenditure from US$53.7 in 2019 to US$79.3 by 2024.

Vietnamese homeland security expenditure, on a cumulative basis, is expected to be US$20.9 billion over the forecast period compared to US$12.7 billion spent between 2015 and 2019. Efforts to protect its maritime boundaries, coupled with the need to counter human trafficking and the illicit drug trade are anticipated to drive homeland security expenditure during the forecast period.

The lack of technology and low domestic defense capability has forced the country to import weapon systems from foreign OEMs in order to fulfill its military requirements. Over 2014 to 2018, Russia emerged as the largest supplier of military hardware to Vietnam with a share of over 77.9% of Vietnam's imports, followed by Israel, Belarus, South Korea and Ukraine accounting for 9%, 4.1%, 2.8% and 2% respectively. Vietnam prefers government-to-government deals when procuring defense equipment; therefore, improving government-to-government relationships are expected to open up business opportunities over the forecast period.

Select Findings

• China's increased naval presence and territorial claims in the disputed waters of South China Sea are the major factors compelling the Vietnamese government to increase its military capabilities.
• Counter-amphibious operations are a major focus of the Vietnam People's Navy (VPN) to combat potential enemies on the sea and as well as on the islands.
• Over the past five years, Vietnam has increased spending on the enhancement of its maritime competencies and this is likely to continue over the forecast period.
• The Vietnamese Government allocated US$5.1 billion towards military expenditure in 2019, of which 32.5% is earmarked for the procurement of defense equipment.
• The country's defense expenditure increased at a CAGR of 7.34% over 2015-2019.

Reasons to Buy

• This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Vietnamese defense industry market trends for the coming five years.
• The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period.
• Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector.
• A deep qualitative analysis of the Vietnamese defense industry covering sections including demand drivers, key trends and latest industry contracts.

Companies Mentioned

• The Shipbuilding Industry Corporation (SBIC)
• Sukhoi
• Admiralty Shipyards
• Damen Schelde Naval Shipbuilding

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

3.1. Current Market Scenario

3.1.1. Primary threat perception

3.1.2. Military Doctrine & Strategy

3.1.3. Procurement Programs

3.1.4. Top Procurement Programs By Value (US$ Million) 2019-2024

3.1.5. Social, Political and Economic Environment & Support for Defense Projects

3.1.6. Political & Strategic Alliances

3.2. Defense Market Size Historical and Forecast

3.2.1. Defense expenditure is projected to grow at a CAGR of 9.43% during the forecast period

3.2.2. Disputes in the South China Sea and military modernization are expected to drive the Vietnamese military expenditure

3.2.3. Defense expenditure as a percentage of GDP is expected to hover at 2% in 2024

3.3. Analysis of Defense Budget Allocation

3.3.1. Share of capital expenditure in the overall defense budget is expected to increase

3.3.2. Vietnam's capital expenditure is expected to grow at a CAGR of 9.43% over the forecast period

3.3.3. Per capita defense expenditure to be US$79.3 by 2024

3.4. Homeland Security Market Size and Forecast

3.4.1. Homeland security expenditure is expected to be US$5.1 billion by 2024

3.4.2. The main factors driving homeland security expenditure are the illicit drugs trade and human trafficking

3.5. Benchmarking with Key Global Markets

3.5.1. Vietnamese defense expenditure is expected to remain low compared to leading spenders

3.5.2. Vietnam has a low defense expenditure compared to other Asian countries

3.5.3. Vietnam's defense expenditure as a percentage of GDP is higher than leading Asian defense spenders

3.6. Defense Market Opportunities: Key Trends

3.6.1. Top 10 Defense Market Sectors by Value (US$ Million) - Projections over 2019-2024

3.6.2. Naval Vessels - Frigates

3.6.3. Infrastructure Construction

3.6.4. Facilities Management

4. Defense Procurement Market Dynamics

4.1. Import Market Dynamics

4.1.1. Limited domestic defense capabilities drives the country's defense imports

4.1.2. Defense imports are expected to increase over the forecast period

4.1.3. Russia is a significant defense trade partner of Vietnam

4.1.4. Naval vessels and aircraft accounted for the majority of defense imports over 2014-2018

4.2. Export Market Dynamics

4.2.1. The country has been unable to access the global defense market

5. Industry Dynamics

5.1. Five Forces Analysis

5.1.1. Bargaining power of supplier: medium

5.1.2. Bargaining power of buyer: low

5.1.3. Barrier to entry: medium

5.1.4. Intensity of rivalry: Medium

5.1.5. Threat of substitution: low to medium

5.2. Market Regulation

5.2.1. Vietnamese procurement rules focus on international collaborations

5.2.2. Vietnam has not disclosed any offset obligations

5.3. Market Entry Route

5.3.1. Budget Process

5.3.2. Procurement Policy and Process

5.3.3. Foreign equipment manufacturers can enter the market through direct commercial sales

5.3.4. Government-to-government deals are an attractive entry route to the country's defense market

5.4. Key Challenges

5.4.1. Lack of transparency and prevalence of corruption hinders the growth of domestic defense industry

5.4.2. Absence of private players limits the growth of domestic defense industry

6. Competitive Landscape and Strategic Insights

6.1. Competitive Landscape Overview

6.1.1. Vietnam Market Share Analysis, 2019-2024

6.2. Key Companies

6.2.1. The Shipbuilding Industry Corporation (SBIC): overview

6.2.2. The Shipbuilding Industry Corporation (SBIC): products

6.2.3. The Shipbuilding Industry Corporation (SBIC): recent announcements and strategic initiatives

6.2.4. The Shipbuilding Industry Corporation (SBIC): alliances

6.2.5. The Shipbuilding Industry Corporation (SBIC): recent contract awards

6.2.6. Sukhoi: overview

6.2.7. Sukhoi: products

6.2.8. Sukhoi: recent contract awards

6.2.9. Admiralty Shipyards: overview

6.2.10. Admiralty Shipyards: recent announcements and strategic initiatives

6.2.11. Admiralty Shipyards: products

6.2.12. Admiralty Shipyards: recent contract awards

6.2.13. Damen Schelde Naval Shipbuilding: overview

6.2.14. Damen Schelde Naval Shipbuilding: products

6.2.15. Damen Schelde Naval Shipbuilding: recent announcements and strategic initiatives

6.2.16. Damen Schelde Naval Shipbuilding: recent contract awards

7. Business Environment and Country Risk

7.1. Economic Performance

7.1.1. Gross Domestic per Capita

7.1.2. Gross Domestic Product, current US$

7.1.3. Exports of Goods and Services

7.1.4. Imports of Goods and Services

7.1.5. Local Currency Unit per US$

7.1.6. Market capitalization of listed companies (US$ Billion)

7.1.7. Market capitalization of listed companies as a % of GDP

7.1.8. Goods Exports as a percentage of GDP

7.1.9. Goods Imports as a percentage of GDP

7.1.10. Services Imports as a percentage of GDP

7.1.11. Services Exports as a percentage of GDP

7.1.12. Foreign direct investment, net (BoP, current US$ Billion)

7.1.13. Net foreign direct investment as a % of GDP

7.1.14. Mining, Manufacturing, Utilities Output

For more information about this report visit https://www.researchandmarkets.com/r/dlfsxb

 

[Viet]

Interesting

Provided by USSR, probably no longer in service

Vietnam’s IL28 bombers

 

[congtubl]

And more Pic in this link: https://vnexpress.net/thoi-su/viet-nam-trung-bay-nhieu-vu-khi-hien-dai-4030568.html

 

[Nike]

Interesting

Provided by USSR, probably no longer in service

Vietnam’s IL28 bombers

Our had long in the museum though got 36 of them served in Navy, in torpedo bomber varians with Chinese Yu 2 torpedo

 

[Viet]

Our had long in the museum though got 36 of them served in Navy, in torpedo bomber varians with Chinese Yu 2 torpedo
View attachment 594742 View attachment 594743

36 bombers?
What the hell did you receive so many of them? You hardly needed bombers against communist rebels, separatists and terrorists!

 

[Nike]

36 bombers?
What the hell did you receive so many of them? You hardly needed bombers against communist rebels, separatists and terrorists!

Not 36 bomber, thats only came from Il 28 beagle alone, we had another 24 Tu 16i Maritime strike variants along with four squadron Mix of B 25 mitchell and B 26 invader medium range bomber around 40 units. Thats not enough to leveled Singapore and Malaysia during confrontation against Commonwealth though.

B25 lowpass in Jakarta

Fleets of B25 bomber in Kemayoran

Tu 16i heavy bomber TNI AU

B25 in our Museum

 

[Viet]

Not 36 bomber, thats only came from Il 28 beagle alone, we had another 24 Tu 16i Maritime strike variants along with four squadron Mix of B 25 mitchell and B 26 invader medium range bomber around 40 units. Thats not enough to leveled Singapore and Malaysia during confrontation against Commonwealth though.

B25 lowpass in Jakarta

View attachment 594773
Fleets of B25 bomber in Kemayoran

View attachment 594774
Tu 16i heavy bomber TNI AU
View attachment 594775
B25 in our Museum
View attachment 594776

That’s overkill!
If North Vietnam had received all necessary weapons by USSR and China, the war would end earlier.

 

[Viet]

Recently on official public display

Improved S125 anti aircraft missiles

radio-guided air defense missile system, capable of engaging targets in severe jamming environments at low altitudes. It can also be deployed against targets on ground and water surface if visible to radar.

 

[Viet]

Still running

T62

All being parts of Vietnam’s tank armies

 

[Viet]

Bmp2

Xe chiến đấu bộ binh BMP-2



Zsu234

Pháo phòng không tự hành ZSU-23-4.



Field surveillance radars P18M

Đài radar P18M

 

[Viet]

Transport vessels
What class is that?

 

[sahureka2]

Transport vessels
What class is that?

Looks like a Damen 5009 Stan Patron with Vietnam flag, new acquisition?
if the answer is yes, for the Navy or for the Coast Guard ?

 

[Viet]

Among items that are displayed, a model T-54B
Vietnam needs more warships. Submarines, corvettes, frigates, destroyers.

text: vietnamnet.vn

Thủ tướng cùng các đại biểu xem tổ hợp tên lửa đất phòng không C125-2TM

Thủ tướng cùng các đại biểu bên xe tăng T-90S

Những năm qua, quân đội được trang bị nhiều vũ khí và khí tài hiện đại, đảm bảo yêu cầu phòng thủ, bảo vệ lãnh thổ

Năm 2020 và những năm tới, lực lượng quân đội nghiên cứu, khai thác, làm chủ phương tiện, sử dụng có hiệu quả vũ khí, trang thiết bị mới, kể cả nghệ thuật tác chiến, tổ chức bộ máy...

Thủ tướng, Chủ tịch QH, Bộ trưởng Quốc phòng nghe thuyết minh về các loại tàu cứu hộ, tàu cảnh sát biển...

Chủ tịch QH xem loạt súng ống bộ binh

Thủ tướng thử

 

[congtubl]

Tested SPYDER-SR with Python 5

Derby-MR SPYDER-MR

https://vtv.vn/video/le-ky-niem-30-...n-doi-nhan-dan-viet-nam-21-12-2019-411726.htm
From 28:00