Vietnam's Vinspace has signed an agreement with SpaceX, planning to achieve satellite launch into orbit in the second quarter of next year.

On August 11, local time, the Vietnamese enterprise group Vingroup announced that its subsidiary Vinspace has signed a satellite launch contract with SpaceX. According to the agreement, VinSpace's satellites will be launched into orbit in the second quarter of next year through SpaceX's Transporter Rideshare program. The statement said that through this agreement, VinSpace will test its independently developed satellite modules and gradually enhance its capabilities in satellite system management and future commercial applications.