Vietnam is opening up to Western defence firms as tensions in the South China Sea trigger subdued yet growing warnings of a regional arms race, defence executives and security analysts said on Friday.
The Communist-ruled country is one of several Southeast Asian nations seeking to expand surveillance and maritime patrol capabilities, sparking fierce competition for regional deals estimated to be worth up to several hundred million dollars.
"Vietnam is opening to Western suppliers, which was not the case two or three years ago," said Marie-Laure Bourgeois, vice-president for South and Southeast Asia at France's Thales, Europe's largest defence electronics supplier.
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