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Vietnam Pushes for SpaceX Investment Amid Trade Talks

3/1/2025

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Story summary
  • Vietnam's Prime Minister Pham Minh Chinh called for swift approval of SpaceX's Starlink service and urged FedEx to invest locally.
  • Discussions occurred at a Hanoi forum with 40 US companies amid potential tariffs.
  • Vietnam targets balanced trade with the US, estimating 2024 trade at $150 billion.
  • Starlink plans a $1.5 billion investment; Vietnam Airlines is negotiating a $200 billion aircraft deal.
  • As the US's seventh largest trading partner, Vietnam aims to boost foreign investment and technology transfer.