Story perspectives
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.
