Market Report, "Vietnam Defence & Security Report Q2 2011", published

Fast Market Research recommends "Vietnam Defence & Security Report Q2 2011" from Business Monitor International, now available
 
May 27, 2011 - PRLog -- The revelation that a Chinese stealth fighter jet was in the final stages of development in January 2011 is expected to reignite Vietnam's concerns over China's ambitions to modernise its military. More importantly, the pace of China's progress in developing its military capabilities has come as a surprise to Washington. US defense secretary Robert Gates commented during a visit to Beijing that China may be ahead in the development of the aircraft than US intelligence had previously predicted. China's military expansion in recent years has prompted Vietnam to respond by upgrading its own military capabilities.

Back in December 2009, Vietnam signed a series of major arms deals with Russia that included six Kiloclass submarines and 20 Su-30 fighter-bombers. The deals amounted to around US$2.6bn, the biggest since Moscow pulled its remaining military interests out of Vietnam at the end of the Cold War about 20 years ago. Judging from Vietnam's response to China's growing military presence in previous years, we note that the recent revelation of China's stealth fighter jet could potentially spark another round of arms deals between Vietnam and Russia.

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Full Report Details at
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Indeed, we anticipate further efforts by Hanoi to deepen ties with Washington over the coming years, as Vietnam lean towards the pro-US camp that already includes some of its ASEAN peers such as Indonesia and Thailand. From our perspective, China's growing influence in the region and its expanding military presence in the South China Sea will continue to play a key role in aligning the political interests of Hanoi and Washington. We saw a marked improvement in Vietnam-US relations in 2010 as the two countries made a series of symbolic moves in boosting bilateral ties.

Our view that infrastructure investment would provide support for Vietnam's economic growth in 2010 has played out well. Vietnam's real GDP growth came in at a better-than-expected 6.8% in 2010, led by a strong performance in the construction sector. Going into 2011, we expect domestic demand to remain robust on the back of rising wages and improving consumer sentiment. However, we expect import growth to continue to outpace that of exports in 2011. In light of a better-than-expected Q410 result and our global team's recent upgrade on the US economy, we are revising our real GDP growth forecast upwards from 5.5% to 6.3% in 2011.

Report Table of Contents:

SWOT Analysis
- Vietnam Security SWOT
- Vietnam Defence Industry SWOT
- Vietnam Political SWOT
- Vietnam Economic SWOT
- Vietnam Business Environment SWOT
Global Political Outlook
- The United States
- China
- Japan And The Koreas
- Russia
- Europe
- India
- Brazil
- Turkey
- Iran
- Egypt, Saudi Arabia And Pakistan
- Terrorism
- Africa
- Space
- Competition
- Wild Card In Global Politics
- Conclusion
South East Asia Security Overview
- The Strategic Outlook For The 2010s
- South East Asia In A Global Context
- Challenges And Threats To Stability And Security
- The Outlook For South East Asia
Security Risk Ratings
- BMI's Security Ratings
- Table: Asia Pacific Regional Security Ratings
- Table: Asia Pacific State Vulnerability To Terrorism Index
- Vietnam's Security Risk
- City Terrorism Rating
- Table: BMI's Asia City Terrorism Index
Political Overview
- Domestic Politics
- Foreign Policy
- Long-Term Political Outlook
Security Overview
- Internal Security Situation
- Governance
- Tenth Party Congress
- The Central Highlands
- Religion
- Piracy And Maritime Security
- Border Security
- Illegal Trafficking
- External Security Situation
- The Geopolitical Importance Of The South China Sea
- Bilateral Relations
Armed Forces And Government Spending
- Armed Forces
- Weapons Of Mass Destruction
Market Overview
- Industry Trends And Developments
- Arms Trade Overview
- Procurement Trends And Developments
Industry Forecast Scenario
- Armed Forces
- Table: Vietnam's Armed Forces, 2008-2008 ('000 personnel, unless otherwise stated)
- Table: Manpower Available For Military Services, 2008-2015 (aged 16-49, unless otherwise stated)
- Government Expenditure
- Table: Vietnam's Defence Expenditure, 2008-2015
- Table: Vietnam's Defence Expenditure Scenario - Changing % Of GDP, 2008-2015 (US$mn)
- Defence Trade
- Table: Vietnam's Defence Exports, 2008-2015 (US$mn)
- Table: Vietnam's Defence Imports, 2008-2015 (US$mn)
- Table: Vietnam's Defence Trade Balance, 2008-2015 (US$mn)
- Macroeconomic Forecast
- Vietnam - Economic Activity
Country Snapshot: Vietnam Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 1999-2004
- Table: Consumer Expenditure, 2000-2012 (US$)
BMI Methodology
- How We Generate Our Industry Forecasts
- Defence Industry
- City Terrorism Rating
- Table: Methodology
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
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