Vietnam's VinSpace signs deal with Elon Musk's SpaceX to launch its first satellites in 2027

The briefing

Vietnamese aerospace company VinSpace signed a contract to send its first satellites to orbit on a SpaceX Transporter rideshare mission in 2027. VinSpace, part of the Vingroup conglomerate and established in November 2025, says the satellites will test its technology in orbit and support future commercial applications. Vietnam aims to become a mid-level space power in Southeast Asia by 2030 and opened a space science center in Hanoi's Hoa Lac High-Tech Park in March.