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2009-12-04 Southeast Asia
Vietnam to buy Submarines, Su-27 Flankers, Helicopters from Russia
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Posted by  Anonymoose 2009-12-04 13:06|| || Front Page|| [5 views ]  Top

#1 "Where are they getting the money to buy stuff like this?"

Sachs-Goldman. Apparently they now own all the currency in the world.
Posted by Clem Whaque5997 2009-12-04 14:39||   2009-12-04 14:39|| Front Page Top

#2 There are a lot of oil wells in Vietnam. Their production is about 324,000 bbl/day. GDP is $242.3 billion (2008 est.) (CIA factbook). They also export a lot of products to the US.

That being said, there are getting to be a lot of submarines in the world, and it is looking like the battleship build-up prior to WWI.
Posted by  Anonymoose 2009-12-04 16:44||   2009-12-04 16:44|| Front Page Top

#3 ION WMF > CHINA WANTS TO LEASE CAM RANH BAY DESPITE VIETNAM'S DENIAL; + CHINA MUST NOT ALLOW VIETNAM TO LEASE CAM RANH BAY FREEPORT TO MAJOR REGIONAL, WORLD POWERS WIDOUT CHINA, + VIETNAM TREMBLING: CHINA IS NOT AFRAID TO FORCE MILITARY, TRADE ACCESS IN THE SOUTH CHINA SEA DESPITE VIETNAM'S CLAIMS OF "CONTINENTAL SHELF" SOVEREIGNTY [SEZ-EEZ's].
Posted by JosephMendiola">JosephMendiola  2009-12-04 17:38|| na]">[na]  2009-12-04 17:38|| Front Page Top

#4 I suspect the Chinese naval build-up is making them nervous. Lots of folks in that region have little faith in Chinese good intentions.
Posted by SteveS 2009-12-04 19:12||   2009-12-04 19:12|| Front Page Top

#5 Vietnam better add a line item for ocean going tugs and tow cables.
Posted by Penguin 2009-12-04 21:32||   2009-12-04 21:32|| Front Page Top

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