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Please join us to learn about business opportunities in Vietnam. This webinar will provide you with in-depth insights on current market opportunities.
AGENDA:
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Vietnam’s Defense Market
U.S. Embassy - Commercial, and Defense Officers
- Market Overview and Vietnam International Defense Expo
- Defense Industry Insight and Opportunities
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Procurement Process
Retired Vietnam Army Officer of VAXUCO - Ministry of Defense
- The U.S. Government Advocacy Center
VIETNAM MARKET HIGHLIGHT:
In 2023, the United States and Vietnam elevated their relationship to a Comprehensive Strategic Partnership, marking a significant milestone in diplomatic and defense cooperation. This upgrade opens the door to deeper defense collaboration and expanded commercial opportunities for U.S. defense firms seeking to support Vietnam’s defense modernization efforts.
Vietnam's defense budget has shown consistent growth over the past decade, reflecting the country’s commitment to enhancing its military capabilities amid rising regional security concerns. In 2023, Vietnam’s defense budget was an estimated $7 billion, and it is projected to continue growing at 5.6% annually, driven by the need to modernize key military assets and maintain security in the South China Sea.
As Vietnam pivots away from its historic reliance on Russia and pursues a diversification strategy, opportunities for international defense firms are expanding, especially in key fields such Naval and Air Defense, Cybersecurity and Electronic Warfare, Missile Defense, and Artillery.
Prospect Areas Include:
- UAV and C-UAV
- Radar
- Cyber Defense
- Night Vision
Register now...
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WEBINAR DATE & TIME:
- Nov. 4, 2024
8:00-9:30PM, New York
5:00-6:30PM, Los Angeles
- Nov. 5, 2024
8:00-9:30AM, Hanoi
COST: $25
QUESTIONS:
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Anh Nguyen
Commercial Specialist
U.S. Embassy
Hanoi, Vietnam
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Jason Sproule
A&D Team Leader
U.S. Commercial Service
Los Angeles, CA
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