India has extended $500 million Line of Credit to Vietnam for facilitating defence purchase pic.twitter.com/yV0XBV2ySf— Press Release Watch (@PrReleaseWatch) September 3, 2016
“I am also happy to announce a new Defence Line of Credit for Vietnam of $500 million for facilitating deeper defence cooperation,” said Indian Prime Minister Narendra Modi.
L&T likely to build offshore high speed patrol boats for Vietnamese Coast Guards.