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Report: Vietnam's defence spending to cross $7bn mark by 2022

2017-09-08 01:00:00| Naval Technology

The defence spending of Vietnam is anticipated to be $5bn in 2018 and is expected to reach $7.1bn by 2022, at a compounded annual growth rate (CAGR) of 7.08%, according to a report by Strategic Defence Intelligence (SDI).

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