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defense industry
Several European countries to provide Ukraine with more than 150 million euros in aid in 2024
In 2024, Ukraine received more than 150 million euros from Denmark, France and Lithuania to finance its defense industry.
Ukraine produces missiles with range to reach Moscow
The Economist magazine revealed that Ukraine is stepping up its missile development program with the ambition of producing 3,000 cruise missiles by the end of 2025.
Signing 16 contracts worth over 286 million USD at Vietnam International Defense Exhibition 2024
Vietnamese units signed 16 contracts with a total value of about 286.3 million USD at the Vietnam International Defense Exhibition 2024.
Implementing the Law on National Defense and Security Industry and Industrial Mobilization
Prime Minister Pham Minh Chinh signed Decision No. 936/QD-TTg dated September 7, 2024 promulgating the Plan to implement the Law on National Defense and Security Industry and Industrial Mobilization.
It is impossible to distort the policy of establishing the National Defense and Security Industry Fund.
The establishment of the National Defense and Security Industry Fund (NDIF) is a correct policy to support the state budget for the development of the defense and security industry to proactively and firmly protect the Fatherland. However, on some social networking sites, there is still information that deliberately distorts and falsifies this policy with the intention of breaking social consensus, causing loss of confidence in the Party, the State, and the Army in order to serve the dark plots of hostile and reactionary forces.
Labor shortage affects Russia's arms industry
Workforce problems, particularly in defense production, have limited the pace of weapons production and weakened Russia's ability to sustain the conflict in Ukraine.
Viettel needs "3 pioneers" in developing defense industry
Prime Minister Pham Minh Chinh requested Viettel to quickly master technology, localize more, and develop a defense industry strong enough to effectively serve revolutionary goals and tasks.
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