When Boeing's P-8A Poseidon first arrived at the Singapore Airshow two years ago, it caused a stir. Defense buyers around the region were intrigued by the new aircraft, which was touted as reliable, capable and absolutely necessary in a region abundant with naval tension, both above and below the water. In 2018, the need has grown. China has spent the last few years building up military installations around the East Sea, internationally known as the South China Sea, and its submarines are prowling farther afield, stoking Asian interest in planes that can sweep large swathes of ocean. The number of offerings on the market has grown too, but the cost of such specialized aircraft has kept the purchases relatively small for now. "Special-mission aircraft are a strategic asset," said Avishai Izhakian, Israel Aerospace Industry's (IAI) deputy general manager for airborne systems and radars, explaining why sales of such planes have remained elusive. "As such, the procurement process is very … [Read more...] about Maritime patrol aircraft seen as key in Asia, but buyers elusive
Aeronautical decision making
Government struggles to lure overseas Vietnamese talent back home; experts say it may take years Nobel laureates attend an international physics conference in the central town of Quy Nhon this week. On the sidelines of the conference, there was a debate about how to lure back overseas Vietnamese talent. There was consensus that if Vietnam is serious about doing so and reforming the science sector, the most important issue would not be money but the political willingness to create favorable conditions for the academics. Photo by Dao Ngoc Thach After the Vietnam War ended in 1975, Jean Nguyen and her family moved to the US, where she then graduated at the top of her class at West Point, America's premier military academy, ten years later. US President Ronald Reagan called her an "American hero." Nguyen's story, and the story of US-Vietnam relations, came full circle that day. West Point was a driver of the killing of millions of Vietnamese and a million more Laotians and … [Read more...] about Vietnam’s not got talent?
Partnerships key to infrastructure Investments under the public-private partnership (PPP) model would be encouraged in HCM City to develop key technical infrastructure projects, a Sai Gon Giai Phong (Liberated Sai Gon) report has said. In its Saturday edition, the daily said that the municipal administration had sought permission from relevant ministries and agencies to invite PPP investments for major transport infrastructure projects. The projects deemed suitable for PPP investments include the Rach Chiec Bridge on the eastern outer belt road, which links the road with the Ha Noi Highway, a bus terminal at Cho Lon, and two water loss reduction projects. The city has called for all sectors to participate in the development of technical infrastructure systems under Build-Transfer (BT), Build-Operate-Transfer (BOT) and other forms of investment. Such investments have seen several infrastructure works completed, like the King Duong Vuong Road, the Rach Chiec Bridge and Phu My, thus … [Read more...] about BUSINESS IN BRIEF 23/5
American multi-millionaires to visit Vietnam Billionaire Mike Ryan from the Cayman Islands and Bob Livingston, the founder and chairman of Livingston Group LLC, will visit Vietnam to seek investment opportunities. Dau Tu (Investment) newspaper cited Link World Unlimited Events LLC as saying that during their nine-day stay, the two investors will tour Hanoi, the central province of Ninh Thuan , Phu Quoc Island in the southern province of Kien Giang and Ho Chi Minh City. They are keenly interested in the areas of heavy industry, finance and banking, shipbuilding and transport, particularly in the construction of ports, hotels and resorts. They plan to meet with a number of Vietnamese businesses during their visit. Mike Ryan is the owner and developer of the Grand Cayman, the Ritz Carlton and the Four Seasons in the Cayman Islands. He also owns a number of international conference centres around the world, the Condominium Hotel chain and a string of exclusive resorts. Bob … [Read more...] about BUSINESS IN BRIEF 17/5
RoK television supports Vietnamese AO victims The Republic of Korea's MBC Television wants to support Agent Orange (AO) victims in Vietnam, MBC General Director Kim Jae Cheul said. The MBC leader affirmed this willingness while working with the Vietnam Association of Victims of Agent Orange /dioxin (VAVA) in Hanoi on October 26. MBC will bear all expenses for 80 Vietnamese AO victims to come to the RoK for medical check-ups in June 2012, he said, adding that during this trip, the Vietnamese AO victims will meet with Koreans who share the same plight, to exchange experience in overcoming difficulties in their life. From 2013, MBC will annually invite top doctors and health experts from large RoK hospitals to provide medical check-ups and treatment for AO victims in Vietnam. The television channel plans to make a TV programme on Vietnamese and Korean AO victims to seek more support for them. The same day, the MBC delegation visited the Friendship Village where Vietnamese … [Read more...] about SOCIETY IN BRIEF 27/10