Japan Signs $345 million Agreement with Vietnam to Finance Six Patrol Boats
Japan will provide Vietnam Coast Guard with six patrol boats in a lease-financing deal worth 36.6 billion yen ($345 million).
The Japan International Cooperation Agency inked the agreement with the Vietnamese government in Hanoi on July 28, according to the JICA, Kyodo news agency reported adding that the six vessels will be new Japanese-made boats.
"The project will provide the Vietnam Coast Guard with financing to procure vessels, supporting an improvement in maritime rescue operations and maritime law enforcement," the JICA said in a statement. "It will also enhance freedom of navigation."
Vietnam is facing aggressive Chinese moves in the South China Sea with fishing boats supported by PLA Coast guard vessels driving out Vietnamese fishermen from their own waters. There have been several skirmishes between the two sides in recent months.
Vietnam Receives Six US Metal Shark Patrol Boats
Vietnam to Buy Patrol Boats With Japanese Aid
Philippines Buys 10 Patrol Boats From Japan, More Deals in Pipeline
Romania Confirms Purchase of 32 F-35 Fighter Jets
Russia Launches Powerful ICBM at Ukraine’s Dnipro in First Recorded Combat Use...
General Atomics Completes Qualification Test for New 200-Horsepower Engine for Gray Eagle...
U.S. Army, Lockheed Martin Conduct Double Test of Precision Strike Missile
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...