August 11, 2026 | 05:21 pm
TEMPO.CO, Jakarta - Vietnam's only private space company on Tuesday signed a deal with SpaceX to launch its first satellites into orbit next year.
The satellites will fly aboard a 2027 mission under SpaceX's Transporter rideshare program, which allows multiple customers to share the same rocket and split satellite launch costs.
What do we know about VinSpace and SpaceX?
The company, VinSpace, said it would develop and operate the satellites itself, using the missions to test technology in orbit and pave the way for future commercial services.
"Reliable access to space is fundamental to turning satellite innovation into operational missions," VinSpace CEO Thu Vu said.
The company did not disclose how many satellites it plans to launch, their specifications or the value of the contract with Elon Musk's SpaceX.
What is VinSpace?
VinSpace was established in November 2025 by Vingroup, Vietnam's largest privately-owned conglomerate.
The group was founded by Pham Nhat Vuong, Vietnam's richest man. It has interests ranging from real estate, retail and tourism to healthcare and education.
In recent years, Vingroup has increasingly expanded into technology, including electric vehicles, artificial intelligence, robotics and aerospace.
VinSpace says it ultimately wants to become a full-service aerospace company, with capabilities spanning satellite design and manufacturing, launch management, satellite operations and space-based data services.
What are Vietnam's ambitions in space?
Vietnam has been building its space capabilities for decades but remains a relatively small player in the global industry.
It launched its first telecommunications satellite in 2008 and a second in 2012.
The government has set a goal of becoming a mid-level space power in Southeast Asia by 2030, with satellite technology seen as part of a wider drive to develop high-tech industries.
In March, Vietnam opened a major space science and technology center at Hanoi's Hoa Lac High-Tech Park, aimed at expanding domestic satellite development and the use of space-based data.
In April, Vietnam licensed SpaceX's Starlink for its first large-scale trial of satellite internet, which uses thousands of low-Earth-orbit satellites to provide high-speed connectivity.
Read: How SpaceX's Moon Impact Could Advance Lunar Science
Click here to get the latest news updates from Tempo on Google News
Indonesia Drops to Third in AFF Cup Group A After Vietnam Loss
6 hari lalu
Indonesia sits third in the 2026 AFF Cup Group A standings with six points after losing to Vietnam and must beat Singapore to reach the semifinals.
AFF Cup: Indonesia Coach John Herdman Calls for Tactical Fixes After Vietnam Defeat
7 hari lalu
Indonesian coach John Herdman stated that his team's formation must be improved for their upcoming matches in the 2026 AFF Cup group stage.
Vietnam Beats Indonesia 3-0 in 2026 AFF Cup Group A
7 hari lalu
Indonesia fell 0-3 to Vietnam in their 2026 AFF Cup Group A match, leaving the Garuda needing a win against Singapore to reach the semifinals.
Today's Top 3 News: Indonesia vs Vietnam Prediction in AFF Cup 2026
7 hari lalu
Here is the list of the top 3 news on Tempo English today.
AFF Cup: How Indonesia Plans to Secure 27,000 Fans for Vietnam Game
8 hari lalu
Police are anticipating a crowd of approximately 27,000 fans for the face off between the Indonesian national team and Vietnam for the 2026 AFF Cup.
Indonesia vs Vietnam Prediction: Garuda's Biggest AFF Cup Test Yet
8 hari lalu
Indonesia faces defending champion Vietnam in a crucial AFF Cup Group A clash, with a semifinal berth at stake. Check the prediction and lineups.
15 Countries Ban or Limit Social Media for Minors
9 hari lalu
At least 15 countries, including Indonesia and Vietnam, have implemented or proposed regulations to restrict or ban social media access for minors.
Vietnamese Vessel Sinks in South China Sea, 23 Missing
16 hari lalu
A Vietnamese-registered cargo ship carrying 62 crew members sank near Yongshu Reef in the South China Sea.
2026 AFF Cup Garuda Home Matches: Ticket Sales, Price List, and More
17 hari lalu
For supporters wishing to support the team directly from the stadium, PSSI has announced the 2026 AFF Cup ticket sales.
Indonesia, Vietnam Set US$18bn Trade Target by 2028
27 hari lalu
Indonesia and Vietnam have agreed to strengthen economic cooperation during a meeting on Tuesday, July 14, 2026.
:strip_icc():format(jpeg)/kly-media-production/medias/5220347/original/094913800_1747281277-41961081_8976420.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/5327298/original/085035000_1756177391-Cek_Fakta_Tidak_Benar_Ini_Link_Pendaftaran__83_.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/5558454/original/058152900_1776419419-cek_fakta_-_petani_milenial_2026.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/5534795/original/014528000_1773892938-khutbah.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/4449837/original/055086300_1685614290-WhatsApp_Image_2023-06-01_at_17.06.22.jpeg)
:strip_icc():format(jpeg)/kly-media-production/medias/4909950/original/090842100_1722854822-WhatsApp_Image_2024-08-05_at_17.40.39_50d920d6.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/4120045/original/038413400_1660195971-pexels-david-mceachan-87500.jpg)
:strip_icc():format(jpeg)/kly-media-production/medias/5531332/original/004830000_1773565920-bantuan_DAP_australia_umat_kristen.jpg)
