The two nations used profits from joint oil and gas enterprises to fund defense contracts, bypassing the global banking system, Vietnamese government documents show.
The payment mechanism centers on Rusvietpetro, a joint oil venture in Siberia. Profits owed to Vietnam are first directed to Moscow to cover loans extended for arms purchases.
US has warned Vietnam in the past about buying Russian weapons under a law known as CAATSA, which allows penalties on ...
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Russia and Vietnam have found a clever way to buy and sell military equipment without using regular international banks. Documents obtained by journalists show that the two countries are using money ...
Russia and Vietnam have developed a mechanism to conceal arms deal payments to avoid American and other Western sanctions, ...
The war in Ukraine grinds on, well into the third year, now punctuated by Russian drone aircraft violating Polish and ...
Sir Keir Starmer is set to meet Donald Trump today for what could be a monumental moment. But what does history tell us about ...
Investigators say the ring sold thousands of air rifles and parts through social media channels and courier services, earning billions of đồng in profit.
In Asia, criminalisation and detention of defenders is increasingly common. Here, we analyse how governments weaponise laws ...