HANOI (Reuters) - Vietnam's defence ministry said on Friday it will organise an international arms fair in December, as it seeks to diversify its arms supplies and expand cooperation in arms production and exports.
Vietnam held its first international arms fair in December 2022, which attracted 174 exhibitors from 30 countries, including all large arms-making nations except China.
The ministry on Friday said "several deals were reached" at that arms fair, without giving further details.
The Southeast Asian country has an annual military expenditure of above 2% of its gross domestic product, according to the ministry.
Vietnam is producing among other weapons small weapons, ammunitions, drones and armoured vehicles.
Persons:
Khanh Vu, Francesco Guarascio, Michael Perry
Locations:
HANOI, Gia Lam, Hanoi, China, Vietnam