antiterror13
Brigadier
Military equipment procurement is typically a smallish part of the overall defence budget, if you look at the numbers
And much of Vietnam's procurement is from Russia, whose currency is even more undervalued relative to Vietnam
So I think PPP values are accurate enough
Plus does a PPP/nominal recalculation actually make any difference to the overall conclusion that Vietnam can't hope to keep up with the Chinese military?
yes agree that Vietnam can't cope to keep up, no hope at all. ... But when you mention numbers .... be more mindful