Consultancy firm ASIADEV uses its broad Franco-Vietnamese network to steer French companies wanting to do business in Vietnam, especially in the defence industry, in which Hanoi has been investing significantly in recent years.
Moscow is ramping up efforts to convince Vietnam to adopt the Mir payment system, citing the Vietnam-Russia Joint Venture Bank as an early adopter. Russia's objective is to guarantee its hydrocarbon contracts are paid, but Hanoi, currently rethinking its geopolitical position, is being cautious.
Wanted on corruption charges, the former CEO of AIC Group, Nguyen Thi Thanh Nhan, who served as a go-between for Western defence companies in Vietnam, is now on the run in China. Before that, she built an extensive network of contacts in France's political and defence circles. Intelligence Online reveals the details.
Airbus Helicopters is not letting competition from Leonardo and Bell discourage it from the Vietnamese market. But despite having long-standing relations with potential clients in the country, including the Minister of Public Security, a tug-of-war between pro-Russian and pro-West factions of the Minister of Defence is taking a toll on those ambitions.
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