Gunboats Sold to Vietnam

By Unknown

June 21, 1994

Russian shipbuilder Vyimpel will deliver two large military gunboats worth $50 million each to Vietnam this month, a company official said.Vyimpel marketing director Anatoly Stankevich said that the two Molniya boats are equipped with short-range missiles and large-caliber machine-guns. "We are very satisfied with this deal: It will significantly improve our financial position," he said.Vyimpel, based in the town of Ryibinsk, 250 kilometers north of Moscow, manufactures about 10 big and 50 small ships per year, one third of which are for military uses, Stankevich said. According to the state military exporter Rosvooruzheniye, the Southeast Asian market is central to efforts to improve on the $2.1 billion of arms exports Russia sold last year.

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview

Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once

Monthly

Annual

Continue